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.
Positive
None.
Negative
None.
Insights
Sprott discloses a 4.9% stake held via advisory clients.
The filing reports 17,068,053 shares (4.9%) of common stock held with shared voting and dispositive power. The ownership is reported by both a Canadian parent and its U.S. asset-management subsidiary, consistent with joint filing practice.
Cash‑flow treatment and intentions regarding voting or disposition are not stated in the excerpt; subsequent filings would show any change in holdings.
Disclosure clarifies voting and dispositive arrangements and client ownership.
The schedule specifies shared voting power and shared dispositive power for the reported shares, and notes the shares are owned directly by advisory clients of the U.S. subsidiary. This distinguishes the reporting persons from beneficial ownership by individual clients.
Public filings list roles and signatures; the excerpt includes an exhibit reference for subsidiary identification but does not attach the exhibit text here.
Key Figures
Beneficial ownership:17,068,053 sharesPercent of class:4.9%Filing signature date:05/15/2026+1 more
4 metrics
Beneficial ownership17,068,053 sharesCommon Shares, no par value
Percent of class4.9%Percent of common shares outstanding
Filing signature date05/15/2026Signature date on Amendment No. 3
Document date fragment03/31/2026Date shown near cover information
"Amendment No. 3 to Schedule 13G/A appears at top of excerpt"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
shared dispositive powerregulatory
"Shared Dispositive Power 17,068,053.00 is listed in the ownership table"
beneficially ownedregulatory
"Item 4(a) Amount beneficially owned: 17,068,053 appears in Item 4"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
advisory clientsother
"All of the securities reported ... are directly owned by advisory clients of Sprott Asset Management USA Inc."
What stake does Sprott report in Vizsla Silver (VZLA)?
Sprott reports beneficial ownership of 17,068,053 common shares, representing 4.9% of the class. The filing lists the position under shared voting and dispositive power held by both Sprott Inc. and Sprott Asset Management USA Inc.
Are these shares directly owned by Sprott or by clients of Sprott?
The filing states the shares are directly owned by advisory clients of Sprott Asset Management USA Inc. It clarifies that none of those advisory clients beneficially own more than 5% of the common shares.
What voting and disposition powers are reported by Sprott for VZLA?
Both Sprott Inc. and Sprott Asset Management USA Inc. report 0 sole voting power and 17,068,053 shared voting and shared dispositive power over the reported shares, per the excerpted Schedule 13G/A.
Does the filing state whether Sprott intends to sell or acquire more VZLA shares?
The excerpt does not state any intent to buy or sell. It reports the current beneficial ownership and notes the shares are owned by advisory clients; no transaction intentions are disclosed in the provided text.
When was the Schedule 13G/A amendment signed?
The excerpt shows signature lines dated 05/15/2026 for the authorized person signing on behalf of Sprott. A filing date fragment of 03/31/2026 also appears near the top of the excerpt.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Vizsla Silver Corp.
(Name of Issuer)
Common Shares, no par value
(Title of Class of Securities)
92859G608
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
92859G608
1
Names of Reporting Persons
Sprott Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ONTARIO, CANADA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
17,068,053.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
17,068,053.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
17,068,053.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
HC, CO
SCHEDULE 13G
CUSIP Number(s):
92859G608
1
Names of Reporting Persons
Sprott Asset Management USA, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
17,068,053.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
17,068,053.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
17,068,053.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
4.9 %
12
Type of Reporting Person (See Instructions)
IA, CO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Vizsla Silver Corp.
(b)
Address of issuer's principal executive offices:
Suite 1723, 595 Burrard Street, Vancouver, British Columbia, V7X 1J1 Canada
Item 2.
(a)
Name of person filing:
Sprott Inc.
Sprott Asset Management USA Inc.
(b)
Address or principal business office or, if none, residence:
Sprott Inc.
Royal Bank Plaza, South Tower
200 Bay Street, Suite 2600
Toronto, ON M5J 2J1
Canada
Sprott Asset Management USA Inc.
320 Post Road, Suite 200
Darien, CT 06820
United States of America
(c)
Citizenship:
Sprott Inc. - Other - Toronto, Canada
Sprott Asset Management USA Inc. - Other - California
(d)
Title of class of securities:
Common Shares, no par value
(e)
CUSIP No.:
92859G608
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Sprott Inc. - 17,068,053
Sprott Asset Management USA Inc. - 17,068,053
(b)
Percent of class:
Sprott Inc. - 4.9%
Sprott Asset Management USA Inc. - 4.9%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Sprott Inc. - 0
Sprott Asset Management USA Inc. - 0
(ii) Shared power to vote or to direct the vote:
Sprott Inc. - 17,068,053
Sprott Asset Management USA Inc. - 17,068,053
(iii) Sole power to dispose or to direct the disposition of:
Sprott Inc. - 0
Sprott Asset Management USA Inc. - 0
(iv) Shared power to dispose or to direct the disposition of:
Sprott Inc. - 17,068,053
Sprott Asset Management USA Inc. - 17,068,053
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G Amendment No. 3 are directly owned by advisory clients of Sprott Asset Management USA Inc., a subsidiary of Sprott Inc. None of those advisory clients may be deemed to beneficially own more than 5% of the Common Shares, no par value.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Sprott Inc.
Signature:
/s/ Thomas Ulrich
Name/Title:
Thomas Ulrich, Authorized Person
Date:
05/15/2026
Sprott Asset Management USA, Inc.
Signature:
/s/ Thomas Ulrich
Name/Title:
Thomas Ulrich, Authorized Person
Date:
05/15/2026
Exhibit Information
Exhibit A - Joint Filing Agreement
Exhibit B - Control Person Identification
