Welcome to our dedicated page for Vizsla Silver SEC filings (Ticker: VZLA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Vizsla Silver Corp.'s SEC filings document a Canadian foreign private issuer that reports under Form 40-F and furnishes Form 6-K current reports for U.S. market disclosure. The filings cover the Panuco silver-gold project, including feasibility-study materials, engineering and mine-design contracts, exploration and evaluation assets, and operating updates for the Concordia project area.
Its regulatory record also includes unaudited interim consolidated financial statements, management's discussion and analysis, Canadian officer certifications, and exhibits to news releases. Disclosures address cash and investments, value-added tax receivables, related-party amounts, derivative and warrant investments, governance and risk-management matters, and safety and security updates connected to project operations in Mexico.
Vizsla Silver Corp. (VZLA) calls an October 8, 2026 annual general and special meeting where shareholders will receive 2026 financial statements, elect seven directors, appoint Deloitte LLP as auditor, and vote on continuing and amending the company’s Shareholder Rights Plan through 2029.
The letter to shareholders highlights advancement of the Panuco silver project from discovery to feasibility. A November 2025 Feasibility Study outlined an underground precious metals project with after-tax NPV (5%) of US$1.8 billion, IRR of 111% and a 7‑month payback, supported by 12.8 million tonnes of Proven and Probable Mineral Reserves at 416 g/t AgEq for an initial 9.4‑year mine life.
Financing initiatives included US$300 million in convertible senior notes and a US$10 million working capital facility, contributing to year-end cash and cash equivalents of US$427.3 million. Operations at Panuco have been paused since February 2026 following tragic security-related events; the company is working with authorities and security providers and currently anticipates a return to site by the end of 2026 and targets first silver production in the second half of 2027, both subject to security, permitting, financing, site access and a construction decision.
Vizsla Silver Corp. (VZLA) reported a net loss of $19.8 million for the three months ended July 31 2026, compared with net income of $1.2 million a year earlier, mainly due to higher share-based compensation, project holding costs, foreign-exchange losses and a new $5.5 million deferred special mining duty tax expense in Mexico.
The company remains well funded, with $406.5 million of cash and cash equivalents against current liabilities of only $7.5 million, while carrying $240.4 million of convertible notes and $41.8 million of related derivative liabilities. Exploration drilling and underground development at the Panuco district are paused following a January 2026 security incident that resulted in multiple employee fatalities, although engineering and feasibility work continues.
At its Panuco West Project, a feasibility study supports an initial mine life of 9.4 years with after-tax NPV(5%) of $1.80 billion, IRR of 111%, average annual production of 17.4 million oz AgEq, and life-of-mine cash costs of $8.56/oz AgEq and AISC of $10.61/oz AgEq. Initial capital is estimated at $238.7 million (net initial cost $173.0 million after pre-production revenues and costs), and Vizsla has begun detailed engineering and key equipment procurement while permitting and a formal construction decision remain outstanding.
Vizsla Silver Corp. appointed Luis Lázaro as President, Mexico, effective immediately. He will lead Mexican operations and oversee advancement of the 100%-owned Panuco silver-gold project in Sinaloa through permitting, construction and potential production, working with the CEO and executive team as the company targets first silver production in H2 2027.
The November 2025 Feasibility Study for Panuco outlines 17.4 Moz AgEq annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8B, a 111% IRR and a 7-month payback at US$35.50/oz silver and US$3,100/oz gold. Guillermo Hernandez, Vice President of Exploration, will assume expanded geological responsibilities following the resignation of Chief Geologist Jesus Velador, effective August 27, 2026. The company states it has not made a production decision for Panuco; construction will only proceed after detailed engineering, financing and required permits and approvals.
Vizsla Silver Corp., a British Columbia-based foreign private issuer, filed an annual report on Form 40-F covering the year ended April 30, 2026. Common shares trade on the NYSE American under the symbol VZLA, with 351,018,130 common shares outstanding as of April 30, 2026.
The company prepares its financial statements under IFRS and follows Canadian disclosure standards, including NI 43-101 for mineral reserve and resource reporting, which differ from U.S. GAAP and SEC domestic requirements. Management, including the CEO and CFO, evaluated disclosure controls and procedures and concluded they were effective as of April 30, 2026. Management also assessed internal control over financial reporting using the COSO 2013 framework and concluded these controls were effective as of April 30, 2026, an assessment audited by Deloitte LLP.
The company reports no off-balance sheet arrangements. As of April 30, 2026, tabular contractual obligations (in thousands) include trade and other payables of $6,154, debt obligations of $377,125 primarily due in the 3–5 year period, and other balance-sheet liabilities of $482, for stated total contractual obligations of $383,761. Vizsla maintains an independent, three-member audit committee and a global Code of Business Conduct and Ethics applicable to directors, officers, employees, and consultants.
Vizsla Silver Corp. has awarded an Equipment Supply Agreement to FLSmidth for major process plant equipment at its 100%-owned Panuco silver-gold project in Sinaloa, Mexico. Engineering work starts immediately under a limited notice to proceed while definitive contract terms are finalized.
The equipment will cover eight key packages for crushing, grinding, thickening, Merrill Crowe and refining, supporting an initial 3,300 tpd Phase 1 operation and a planned expansion to 4,000 tpd. The configuration is designed to accommodate integration of the Napoleon mine in Year 4 with minimal downtime.
The release reiterates Feasibility Study highlights for Panuco, including 17.4 Moz AgEq of annual production over a 9.4-year mine life, an after-tax NPV(5%) of US$1.8 billion, 111% IRR and a 7-month payback at assumed silver and gold prices, while emphasizing that no production decision has yet been made.
Vizsla Silver Corp. announced that its Mexican subsidiary Minera Canam has entered into an unsecured MXN$173 million (about US$10 million) working capital facility with government-backed lender FIFOMI to support operating and working capital needs at the Panuco silver-gold project in Sinaloa, Mexico.
The five-year facility carries interest at the TIIE rate plus a 4.6681% margin, includes quarterly interest and principal payments with a two-year grace period on principal, and a one-time 1% commission. The company highlights this agreement as further endorsement of Panuco, where a recent Feasibility Study outlined 17.4 million silver-equivalent ounces of annual production over 9.4 years, an after-tax NPV(5%) of US$1.8 billion, a 111% IRR and a 7‑month payback at assumed metal prices.
Vizsla Silver Corp. has strengthened its technical leadership by appointing Guillermo Hernandez as Vice President, Exploration and promoting Jesus Velador from VP, Exploration to Chief Geologist, both effective immediately. Hernandez brings 20 years of international exploration, resource estimation and development experience across Latin America and Asia, including senior roles at Outcrop Silver & Gold, Lundin Gold and Luca Mining.
The company is advancing its 100%-owned Panuco silver-gold project in Sinaloa, Mexico. A November 2025 Feasibility Study outlines 17.4 million silver-equivalent ounces of annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8 billion, a 111% internal rate of return and a 7-month payback at metal prices of US$35.50 per ounce silver and US$3,100 per ounce gold. Vizsla Silver states that no production decision has been made for Panuco and that any construction decision will follow detailed engineering, financing and permitting.
Vizsla Silver Corp. has appointed Dave D'Antonio as Senior Vice President of Technical Services, a new role focused on mine production, processing and infrastructure as the Panuco silver-gold project in Mexico is advanced toward potential production.
The company also granted 3,908,000 stock options at an exercise price of $5.16, 1,849,000 restricted share units and 300,000 deferred share units to directors, officers, employees and consultants under its Omnibus Equity Incentive Compensation Plan.
The November 2025 Feasibility Study for Panuco outlines 17.4 million silver-equivalent ounces in annual production over an initial 9.4-year mine life, an after-tax NPV (5%) of US$1.8 billion, a 111% IRR and a 7-month payback at assumed silver and gold prices.
Vizsla Silver Corp. — Sprott Inc. and its subsidiary Sprott Asset Management USA Inc. filed Amendment No. 3 to a Schedule 13G/A reporting beneficial ownership of 17,068,053 common shares, equal to 4.9% of the class. The filing states both entities hold shared voting power and shared dispositive power over those shares. The filing explains the shares are directly owned by advisory clients of Sprott Asset Management USA Inc. and that none of those advisory clients beneficially own more than 5% of the class. Signature dates in the excerpt show the filing was signed on 05/15/2026.
Vizsla Silver Corp. has appointed Angel Diego Gómez Olmos as Vice President of Government Relations, based in Mexico City. He will lead government and regulatory affairs in Mexico, focusing on permitting for the flagship Panuco silver-gold project as it progresses toward potential production.
The company highlights a November 2025 Feasibility Study for Panuco, outlining 17.4 million silver-equivalent ounces of annual production over an initial 9.4-year mine life, with an after-tax NPV (5%) of US$1.8B, a 111% IRR and a 7‑month payback at assumed prices of US$35.50/oz silver and US$3,100/oz gold.