Vizsla Resources Corp

Vizsla Silver Corp. has secured a MXN$173 million, approximately $10 million, unsecured working capital facility from FIFOMI, a Mexican government-backed financial institution, to support the ongoing development of its flagship Panuco silver-gold project in Sinaloa, Mexico. The facility carries a five-year term with a two-year grace period on principal repayments and an interest rate based on the TIIE funding rate plus a 4.6681% margin. The capital will be used to cover operating expenses and working capital requirements, further strengthening the project's development and supporting local investment in the region. CEO Michael Konnert noted that the partnership validates the Panuco Project's economic importance to both Sinaloa and the broader Mexican mining sector, and aligns with the company's dual-track development strategy of advancing mine construction while continuing district-scale exploration.