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VIZSLA SILVER PROVIDES ADDITIONAL UPDATE ON SITUATION IN CONCORDIA

Vizsla Silver (NYSE: VZLA / TSX: VZLA) provided an update on April 6, 2026 regarding an incident in Concordia, Sinaloa.

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Vizsla Silver (NYSE: VZLA / TSX: VZLA) provided an update on April 6, 2026 regarding an incident in Concordia, Sinaloa. The Company confirmed nine colleagues have been found deceased, one colleague remains missing, and Vizsla is supporting families and authorities. An operational update will follow in due course.

The company expressed condolences, pledged ongoing support to impacted families and the Sinaloa community, and said it is cooperating with the authorities' investigation.

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Positive

  • Company support pledged to families and community
  • Cooperation with authorities in ongoing investigation

Negative

  • Nine colleagues confirmed deceased
  • One colleague missing
  • Operational uncertainty pending further update
Argus Apr 7 session
-2.12% close to close Open Argus
Details

News Market Reaction – VZLA

In the Apr 7 session, VZLA declined 2.12%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement confirms that nine colleagues have been found deceased in Concordia, with one stil...
Analysis

This announcement confirms that nine colleagues have been found deceased in Concordia, with one still missing, and signals that an operational update will follow. It extends a series of security-related releases that previously coincided with notable price moves and operational suspensions at Panuco. The stock had been trading well below its 52-week high and under its 200-day moving average, with broader Basic Materials peers also weaker, underscoring both company-specific headline risk and sector pressure to track going forward.

Key Figures

Colleagues deceased: 9 colleagues Colleague missing: 1 colleague
Colleagues deceased
9 colleagues
Confirmed fatalities in Concordia update
Colleague missing
1 colleague
Individual still unaccounted for in Concordia update

Historical Context

5 past events · Latest: Mar 11
5 events
  1. Mar 11

    Sector silver update

    24h Move
    -1.2%

    Silver market and Hecla reserve discussion with supportive sector context.

  2. Mar 5

    Concordia security update

    24h Move
    -2.2%

    Further confirmation of colleagues deceased and several still missing in Concordia.

  3. Feb 26

    Silver deficit story

    24h Move
    +6.9%

    Article highlighting ongoing global silver deficit and tight supply dynamics.

  4. Feb 12

    Security and ops update

    24h Move
    -6.4%

    Security incident leaves colleagues unaccounted; Panuco operations suspended.

  5. Feb 9

    Tragic Concordia update

    24h Move
    -11.3%

    Families report several colleagues taken from site found deceased; authorities confirming.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NYSE: VZLA   TSX: VZLA

VANCOUVER, BC, April 6, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") today provided the following update on the situation in Concordia, Sinaloa.

The Company confirms that nine colleagues have now been found deceased. It remains in close contact with the family of one colleague who remains missing and continues to support the authorities in their ongoing investigation.

"This is a devastating outcome, and our heartfelt condolences are with all the families impacted. We stand beside them with continued support as we mourn our colleagues and friends," said Michael Konnert, President and CEO of Vizsla Silver.

"We will always carry this loss with us. We will honour our colleagues through the work we do every day and our ongoing commitment to their families, our community in Sinaloa, and the values that define us."

Vizsla Silver thanks its stakeholders for their support during this difficult period. The Company will provide an operational update in due course.  

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release contains "forward-looking statements" and "forward-looking information" (together, "forward-looking statements") within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or performance and reflect management's expectations or beliefs regarding future events, plans and objectives.

Forward-looking statements in this news release include, but are not limited to, statements regarding: the Company's ongoing cooperation with Mexican authorities and engagement with affected families; the continuation, scope and effectiveness of support measures provided to employees, contractors and families; the Company's review of the circumstances surrounding recent events; the assessment and implementation of security, risk management and safety measures; the timing and conditions under which site activities may resume; the ability to advance engineering, planning and other project work while site operations remain suspended; and the Company's commitment to the long-term responsible development of the Panuco Project and continued investment in the Concordia community.

Forward-looking statements are based on assumptions that management considers reasonable as of the date of this release, including, without limitation: that the Company will be able to continue cooperating with relevant authorities; that security conditions will stabilize over time; that support services and mitigation measures will remain available and effective; that engineering and planning activities can continue remotely as anticipated; and that legal, regulatory and social conditions will allow for the eventual resumption of site activities.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results or outcomes to differ materially from those expressed or implied by such statements. These risks include, but are not limited to: evolving security conditions in the region; the duration and outcome of investigations by authorities; potential delays or restrictions on site access or operations; risks to employee and contractor safety; reputational risks; community relations risks; regulatory or governmental actions; and other risks and uncertainties described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.

The purpose of the forward-looking statements is to provide information about management's current expectations and plans and may not be appropriate for other purposes. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements contained herein.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-provides-additional-update-on-situation-in-concordia-302734860.html

SOURCE Vizsla Silver Corp.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Vizsla Silver (VZLA) announce about the Concordia incident on April 6, 2026?

The company confirmed nine colleagues were found deceased and one remains missing. According to the company, it is supporting families and cooperating with authorities and will provide an operational update in due course.

How many Vizsla Silver (VZLA) employees were reported deceased in Concordia?

Vizsla Silver confirmed nine colleagues have been found deceased in Concordia. According to the company, one colleague remains missing while authorities continue their investigation.

Is Vizsla Silver (VZLA) cooperating with authorities after the Concordia incident?

Yes. Vizsla Silver said it is supporting the authorities and cooperating in the ongoing investigation. According to the company, it is also in contact with affected families and providing support.

Will Vizsla Silver (VZLA) provide more operational details after the Concordia update?

The company indicated it will provide an operational update in due course. According to the company, further details on operations and next steps will be shared when available.

What support did Vizsla Silver (VZLA) say it is offering families after the Concordia incident?

Vizsla Silver stated it is offering continued support to the families of the affected colleagues. According to the company, it will honour the colleagues through ongoing commitments and community support.

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