NYSE: VZLA     TSX-V: VZLA

VANCOUVER, BC, Jan. 17, 2024 /CNW/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce its intention to spin out the shares of Vizsla Royalties Corp. ("Vizsla Royalties"), a wholly-owned subsidiary of Vizsla Silver, to the Company's shareholders (the "Spinout"). Vizsla Royalties currently holds, indirectly, a net smelter royalty (the "Royalty") on any potential future mineral production at Vizsla Silver's flagship, 100% owned Panuco silver-gold project located in Sinaloa, Mexico (the "Project" or "Panuco").