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Vizsla Silver Corp. (AMEX:VZLA) announced Friday it has entered into a project finance mandate with Macquarie Group for up to $220 million in funding to support the development of its Panuco Project. The information was disclosed in a press release statement included in a recent SEC filing.
According to the filing, the agreement will provide Vizsla Silver with access to project financing intended for advancing the Panuco Project, a silver and gold exploration and development initiative. The mandate outlines the terms under which Macquarie may arrange debt financing for the project, though specific conditions and timelines were not detailed in the filing.
The company, headquartered in Vancouver, operates in the gold and silver ores sector. The filing did not specify additional financial terms or operational milestones related to the financing arrangement.
This announcement is based on a press release statement included in Vizsla Silver’s SEC filing.
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