VIZSLA SILVER PROVIDES UPDATE ON SITUATION IN CONCORDIA, MEXICO

Vizsla Silver (NYSE: VZLA / TSX: VZLA) reported on Feb. 9, 2026 that several colleagues taken from its Concordia, Mexico project site have been reported found deceased by families.

Rhea-AI Summary

Vizsla Silver (NYSE: VZLA / TSX: VZLA) reported on Feb. 9, 2026 that several colleagues taken from its Concordia, Mexico project site have been reported found deceased by families. The company is awaiting confirmation from Mexican authorities and says it will provide further updates as appropriate.

Management expressed condolences and stated its focus remains on recovering those still missing and supporting affected families and staff during this difficult time.

Positive

• Company coordinating with authorities and families
• Public commitment to support affected families and staff

Negative

• Multiple colleagues reported found deceased by families
• Operations at Concordia likely disrupted pending authority confirmations

Argus Feb 9 session

-11.30% close to close Open Argus

Details

News Market Reaction – VZLA

In the Feb 9 session, VZLA declined 11.30%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -11.3% in the session following this news. A negative reaction despite the stock’s...

Analysis

The stock dropped -11.3% in the session following this news. A negative reaction despite the stock’s earlier strength would fit a pattern where operational or security risks at Panuco become harder to ignore. The company had recently highlighted robust Feasibility Study economics and financing progress, but this tragic update from Concordia adds non-technical risk. Past news sometimes saw price divergence, so the durability of any selloff would depend on future clarity around safety and operations.

Historical Context

5 past events · Latest: Jan 28

5 events

1. Jan 28

   Security incident update

   24h Move

   +3.0%

   Company disclosed serious security incident with ten individuals taken from site.

2. Jan 20

   Year-end outlook

   24h Move

   +6.3%

   Strong 2025 Panuco update with Feasibility Study economics and cash position.

3. Jan 13

   Drill results

   24h Move

   -0.2%

   High-grade Copala intercepts and resource details from Feasibility Study.

4. Dec 18

   Strategic acquisition

   24h Move

   -1.7%

   Agreement to acquire strategic mineral claims surrounding Panuco from Fresnillo.

5. Dec 09

   Feasibility filing

   24h Move

   +4.0%

   NI 43-101 Feasibility Study technical report filed for Panuco project.

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, Feb. 9, 2026 /PRNewswire/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla" or the "Company") today reports that it has been informed by a number of families that their relatives, our colleagues, who were taken from the Company's project site in Concordia, Mexico, have been found deceased. The Company is awaiting confirmation from the Mexican authorities and will provide further updates as appropriate.

Michael Konnert, President & CEO of Vizsla, commented, "We are devastated by this outcome and the tragic loss of life. Our deepest condolences are with our colleagues' families, friends and co-workers, and the entire community of Concordia. Our focus remains on the safe recovery of those who remain missing and on supporting all affected families and our people during this incredibly difficult time."

View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-provides-update-on-situation-in-concordia-mexico-302682631.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 Concordia on February 9, 2026?

Vizsla Silver announced families reported that colleagues taken from Concordia were found deceased. According to the company, it is awaiting confirmation from Mexican authorities and will provide further updates while supporting affected families and staff.

How is Vizsla Silver (VZLA) responding to the Concordia incident described on Feb. 9, 2026?

Vizsla Silver says it is focusing on recovering missing personnel and supporting families. According to the company, management has expressed condolences and is coordinating with authorities and the local community during the investigation.

Are operations at Vizsla Silver's Concordia site suspended after the Feb. 9, 2026 update?

The company did not explicitly state a suspension of operations in the Feb. 9 update. According to the company, it is awaiting confirmation from Mexican authorities and has prioritized recovery and family support while assessing the situation.

What confirmation did Vizsla Silver (VZLA) report receiving from Mexican authorities on Feb. 9, 2026?

Vizsla Silver reported it has not yet received official confirmation from Mexican authorities. According to the company, families informed them of deceased colleagues and the company is awaiting formal verification before providing further detail.

How did Vizsla Silver's CEO respond to the Concordia fatalities on Feb. 9, 2026?

CEO Michael Konnert expressed devastation and offered condolences to families and the community. According to the company, he emphasized the company's focus on recovering missing people and supporting affected families and coworkers during this difficult time.