Vizsla Silver Corp. plans to offer convertible senior unsecured notes due 2031 in the amount of US$250 million, with an option for an additional US$50 million. The notes will mature on January 15, 2031, and the proceeds will be used for the Panuco Project exploration, potential acquisitions, and general corporate purposes. The company also intends to pay for capped call transactions with the proceeds. If the initial purchasers exercise their option, additional notes will be sold to fund more capped call transactions and general corporate purposes.

Read more at Nasdaq MarketSite: Vizsla Silver To Offer US$250 Mln Convertible Senior Unsecured Notes Due 2031