UNDERWRITING AGREEMENTUnderwriting Agreement • September 17th, 2024 • Vizsla Silver Corp. • Gold and silver ores • British Columbia
Canaccord Genuity Corp., as sole bookrunner and lead underwriter (the "Lead Underwriter"), and CIBC World Markets Inc., Ventum Financial Corp., Raymond James Ltd., Stifel Nicolaus Canada Inc., National Bank Financial Inc., and BMO Nesbitt Burns Inc. (together with the Lead Underwriter, the "Underwriters" and each individually an "Underwriter") hereby severally, and not jointly nor jointly and severally, agree to purchase from Vizsla Silver Corp. (the "Company") in the respective percentages set forth in Section 21, and the Company hereby agrees to issue and sell to the Underwriters, upon and subject to the terms hereof, an aggregate of 25,000,000 common shares of the Company (the "Firm Shares") on an underwritten "bought deal" basis at a price of C$2.60 per Firm Share (the "Offering Price") for aggregate gross proceeds of C$65,000,000.
