04:53 PM EST, 11/14/2025 (MT Newswires) -- Vizsla Copper ( VCUFF ) said Friday afternoon that it has upsized its non-brokered private placement from up to $25 million to about $42 million.
The offering will include common shares sold at $1.08 each, plus flow-through and charity flow-through shares priced at $1.24 and $1.72, respectively. All shares are being issued on a post-consolidation basis, according to the statement.
Funds raised from the flow-through shares will be used for qualifying critical minerals and exploration expenditures on Vizsla Copper's ( VCUFF ) projects in British Columbia, the company said.
Proceeds from the regular common shares and LIFE Shares will support exploration at the Palmer Project, ongoing work on the company's B.C. properties, especially the Poplar copper-gold project, costs related to acquiring the Palmer Project, and general working capital, the company added.
The offering is set to close on or about Dec. 4, subject to regulatory approvals, including approval from the TSX Venture Exchange.