07:09 AM EDT, 06/23/2025 (MT Newswires) -- Vizsla Silver ( VZLA ) was down 7% at last look in U.S. pre-market trading Monday as it announced a US$100 million bought deal financing of 33.3 million shares at US$3 each. The underwriters have also been issued a 15% over-allotment option, which, if fully exercised, will raise US$115 million.

Proceeds will be used to advance Vizla's Panuco project in Mexico.

The company's shares were last seen down US$0.23, to US$3.05, in U.S. pre-market trading.