Vizsla Silver gets $220M finance for Panuco Project, Mexico

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Vizsla Silver (NYSE:VZLA) executed a mandate letter with Macquarie Bank as lead arranger for a senior secured project finance facility of up to $220 million to fund the construction and development of the high-grade underground Panuco silver-gold project in Sinaloa, Mexico.
The facility will be arranged by a syndicate of banks, with Macquarie retaining a 70% interest and managing syndication of the remaining 30%.

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