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Vizsla Silver (NYSE: VZLA) hires SVP Technical Services and awards major equity grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
Stock options granted 3,908,000 options at $5.16 Granted under Omnibus Equity Incentive Compensation Plan
RSUs granted 1,849,000 RSUs Vest in three equal annual instalments
DSUs granted 300,000 DSUs Vest immediately, settle when independent director ceases role
Planned annual production 17.4 Moz AgEq Panuco Feasibility Study annual production
Mine life 9.4 years Initial Panuco mine life from Feasibility Study
After-tax NPV (5%) US$1.8B Panuco project economics at stated metal prices
Internal rate of return 111% After-tax IRR from Panuco Feasibility Study
Payback period 7 months Panuco Feasibility Study payback at assumed prices
Senior Vice President of Technical Services financial
"appointment of Dave D'Antonio as Senior Vice President of Technical Services"
Omnibus Equity Incentive Compensation Plan financial
"Pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 3,908,000 stock options"
A omnibus equity incentive compensation plan is a single company program that lets employers grant a variety of stock-based rewards—such as options, restricted shares, or stock units—to employees, directors and consultants. Think of it as a toolbox of ownership-based pay that can be tailored for different roles; it matters to investors because these awards can dilute existing shareholders, affect reported expenses and align employees’ interests with company performance.
restricted share units financial
"1,849,000 restricted share units (each, an "RSU") and 300,000 deferred share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
deferred share units financial
"300,000 deferred share units (each, an "DSU") to directors, officers, employees and consultants"
Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.
after-tax NPV (5%) financial
"an after-tax NPV (5%) of US$1.8B, a 111% IRR, and a 7-month payback"
After-tax NPV (5%) is the sum of all expected future cash flows from an investment, reduced to their value in today’s money using a 5% annual discount rate, after subtracting expected taxes. Think of it like comparing a basket of apples you’ll receive over time to a single pile today: the 5% rate shrinks future apples to today’s size and taxes reduce the total, helping investors decide if the net, after-tax payoff is worth the initial cost.
Qualified Person financial
"He is a Professional Engineer (P.Eng.) registered in Ontario and a Qualified Person as defined by National Instrument 43-101"
A qualified person is someone with specialized knowledge, experience, and training in a particular field, allowing them to accurately assess and verify information or work. Their expertise helps ensure that reports, evaluations, or decisions are trustworthy and meet required standards. For investors, a qualified person provides confidence that the information they rely on is credible and properly validated.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-41225

 

 

VIZSLA SILVER CORP.

(Registrant)

 

 

 

Suite 1723, 595 Burrard Street

Vancouver, British Columbia V7X 1J1 Canada

(Address of Principal Executive Offices) 

 

 

Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F              Form 40-F  

 

 

 

 

 

SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 

             
        VIZSLA SILVER CORP.
        (Registrant)
       
Date: May 19, 2026       By  

/s/ Michael Konnert

            Michael Konnert
            Chief Executive Officer

 

 

 

 

 

EXHIBIT INDEX

     

Exhibit

  Description of Exhibit
   
99.1   News Release dated May 19, 2026 - VIZSLA SILVER APPOINTS SENIOR VICE PRESIDENT, TECHNICAL SERVICES

 

EXHIBIT 99.1 

  

 

VIZSLA SILVER APPOINTS SENIOR VICE PRESIDENT, TECHNICAL SERVICES

NYSE: VZLA   TSX: VZLA

VANCOUVER, BC, May 19, 2026 /CNW/ - Vizsla Silver Corp. (TSX: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") is pleased to announce the appointment of Dave D'Antonio as Senior Vice President of Technical Services for Vizsla Silver, effective immediately. Mr. D'Antonio brings more than 18 years of international mining experience, building and leading high-performance technical teams at large-scale underground gold and base metal operations. His appointment comes at a pivotal time as Vizsla Silver moves to rapidly advance the flagship Panuco silver-gold project in western Mexico toward production.

In this newly created role, Mr. D'Antonio will lead the buildout of the Company's technical services function, encompassing all aspects of mine production, processing, and infrastructure operations. His appointment strengthens the Company's technical leadership and reflects its commitment to assembling the calibre of expertise required to execute on an accelerated development timeline.

"The appointment of Dave marks an important milestone as we advance our Panuco project toward production," stated Michael Konnert, President and CEO. "Dave's track record of building and leading large, high-performing technical teams at world-class operations makes him uniquely suited to help us execute on our development objectives. We look forward to the depth of expertise and leadership he brings to the team."

Mr. D'Antonio most recently served as Head of Mine Technical Services at K92 Mining's Kainantu Mine in Papua New Guinea, where he led a multidisciplinary technical services team of more than 100 professionals responsible for mine planning, production, geology, geotechnical engineering, hydrology, ventilation, and survey across one of the fastest-growing underground gold operations in the world. Prior to K92 Mining, Mr. D'Antonio held senior technical and corporate roles with OceanaGold, including Principal Mining Engineer at the corporate level and Engineering Superintendent at the Didipio Mine in the Philippines, where he played a key role in the successful transition from open pit to a 1.6 Mtpa long-hole stoping underground operation. Mr. D'Antonio holds a Bachelor of Science in Mining Engineering from Queen's University and an Executive MBA from the Rotman School of Management at the University of Toronto. He is a Professional Engineer (P.Eng.) registered in Ontario and a Qualified Person as defined by National Instrument 43-101.

Pursuant to the Company's Omnibus Equity Incentive Compensation Plan, it has granted 3,908,000 stock options ("Options") at an exercise price of $5.16, 1,849,000 restricted share units (each, an "RSU") and 300,000 deferred share units (each, an "DSU") to directors, officers, employees and consultants (the "Optionees") of the Company. The Options are exercisable for a period of five years and will vest over the next two years and the RSUs will vest in three equal annual instalments commencing on the first anniversary of the grant date. The DSUs vest immediately and will be exchanged for one common share of the Company upon the time that the Optionee ceases to hold their position as an independent director.

About Vizsla Silver

Vizsla Silver (TSX: VZLA | NYSE: VZLA) is a Canadian development company advancing Panuco, its 100%-owned silver-gold project in Sinaloa, Mexico. The November 2025 Feasibility Study 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. Vizsla Silver is concurrently advancing mine development and district-scale exploration with the objective of becoming a leading primary silver producer.

ON BEHALF OF THE COMPANY

Michael Konnert,
President and Chief Executive Officer

SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS

Forward-looking statements in this release include, but are not limited to, statements regarding: the Company's objectives and milestones; the strategic vision for the Company following the proposed development of the Panuco Project and expectations regarding future financial or operating performance following such development; the Company's ability to advance the Panuco Project toward production; and the Company's long-term growth strategy, including its ability to enhance shareholder value through continued exploration success, project development and operational execution.

Forward-looking statements are based on a number of assumptions believed to be reasonable by the Company as of the date of this release, including, without limitation: that required permits and approvals will be obtained in the expected timeframe; continued community and government support; stability in market, political and economic conditions; reasonable accuracy of operating and capital cost estimates; and continued favourable metal prices and exchange rates.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risks include, but are not limited to: exploration, development and operating risks; permitting, environmental and regulatory risks; community relations and social licence risks; commodity price and currency fluctuations; inflation and cost escalation; financing and liquidity risks; reliance on contractors and suppliers; title and surface rights risks; changes in project development and construction parameters; inaccuracies in technical or economic modelling; the risk that the Feasibility Study assumptions prove inaccurate; and other risks described in the Company's continuous disclosure filings available under its profile on SEDAR+ at www.sedarplus.ca.

There can be no assurance that the Panuco Project will be placed into production as proposed in this news release or at all or that the results of the Feasibility Study will be realized. 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.

No Production Decision: The Company has not made a production decision for the Panuco Project. A decision to proceed with construction will only be made following the completion and review of detailed engineering, financing arrangements, and receipt of all required permits and approvals.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vizsla-silver-appoints-senior-vice-president-technical-services-302775359.html

SOURCE Vizsla Silver Corp.

 

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2026/19/c6439.html

%CIK: 0001796073

For further information: For more information, please contact info@vizslasilver.ca, visit our website at www.vizslasilvercorp.ca or call (604) 364-2215.

CO: Vizsla Silver Corp.

CNW 03:00e 19-MAY-26

FAQ

What management change did Vizsla Silver (VZLA) announce in this filing?

Vizsla Silver appointed Dave D'Antonio as Senior Vice President of Technical Services. This newly created role focuses on mine production, processing and infrastructure as the company advances its Panuco silver-gold project in Mexico toward potential production.

What equity incentives did Vizsla Silver (VZLA) grant in May 2026?

Vizsla Silver granted 3,908,000 stock options at a $5.16 exercise price, 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.

What production profile does Vizsla Silver’s Panuco Feasibility Study outline?

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, providing a detailed view of potential long-term output from the project.

What are the key economic metrics for Vizsla Silver’s Panuco project?

The Panuco Feasibility Study shows an after-tax NPV (5%) of US$1.8 billion, a 111% internal rate of return and a 7-month payback, based on assumed silver and gold prices stated in the study.

How are the new stock options at Vizsla Silver structured?

The 3,908,000 stock options have a $5.16 exercise price, a five-year term and will vest over the next two years, aligning compensation for directors, officers, employees and consultants with longer-term company performance.

How do Vizsla Silver’s RSUs and DSUs vest for recipients?

The 1,849,000 restricted share units vest in three equal annual instalments starting on the first anniversary of grant, while the 300,000 deferred share units vest immediately and convert to common shares when an independent director leaves their position.

Filing Exhibits & Attachments

1 document