[6-K] Vizsla Silver Corp. Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Vizsla Silver Corp. filed a Form 6-K attaching a news release dated September 5, 2025 that states the company has entered a US$220 million project finance mandate with Macquarie to fund development of the Panuco Project. The filing includes the exhibit reference (99.1) and the signature of CEO Michael Konnert. The release headline indicates the mandate is intended to finance development activities at Panuco, but the filing text provided here does not include further terms, timelines, structure, fees, or conditions of the arrangement.

Positive

• US$220 million project finance mandate established, indicating a concrete financing pathway for Panuco
• Macquarie named as the mandate agent, implying engagement with an experienced project financier
• Filing includes CEO signature, confirming the company officially disclosed the mandate

Negative

• None.

Insights

Financial Analyst

TL;DR A US$220M financing mandate with a global financier can unlock development funding but details drive valuation impact.

The announcement that Vizsla Silver has a US$220 million project finance mandate with Macquarie is potentially material because it signals an arranged financing pathway for Panuco's development costs. Absent disclosed terms in this filing, key drivers such as draw schedule, interest, security, covenants, and completion conditions remain unknown, limiting near-term valuation implications. Investors should view this as a financing milestone rather than confirmation of closed funding.

Project Finance Specialist

TL;DR A mandated US$220M facility from Macquarie suggests a credible project finance solution; structure and conditions will determine execution risk.

Project finance mandates are a common step toward arranging development capital. The involvement of Macquarie, a specialist financier, improves the likelihood of syndication or structured debt, but the filing lacks any description of security package, repayment sources, reserve conditions, or timelines. Without those, assessment of funding certainty, cost of capital, and potential dilution cannot be completed from this document alone.

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 September 2025

Commission File Number: 001-41225

VIZSLA SILVER CORP.

(Registrant)

Suite 1723, 595 Burrard Street

Vancouver, BC 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: September 5, 2025				By		/s/ Michael Konnert
						Michael Konnert
						Chief Executive Officer

EXHIBIT INDEX

Exhibit		Description of Exhibit
99.1		News Release dated September 5, 2025 - Vizsla Silver Enters US$220M Project Finance Mandate with Macquarie to Fund Development of the Panuco Project

FAQ

What did Vizsla Silver (VZLA) announce in the Form 6-K?

The Form 6-K attaches a news release dated September 5, 2025 stating Vizsla Silver entered a US$220 million project finance mandate with Macquarie to fund development of the Panuco Project.

Does the filing provide terms or timelines for the US$220M mandate?

No. The filing text provided here states the mandate amount and counterparty but does not include terms, timelines, fees, security, or draw schedules.

Who certified the Form 6-K filing for Vizsla Silver?

The filing bears the signature of Michael Konnert, Chief Executive Officer.

Is the US$220M financing described as closed or committed in the filing?

The filing describes a project finance mandate but does not state that financing is closed or fully committed.

What exhibit is attached to the Form 6-K?

Exhibit 99.1 is the news release dated September 5, 2025 about the mandate with Macquarie.