VIZSLA SILVER ANNOUNCES SPINOUT OF VIZSLA COPPER CORP.

Vancouver, British Columbia (April 20, 2021) – Further to its announcements on January 6, 2021, February 8, 2021 and March 31, 2021, Vizsla Silver Corp. (TSXV: VZLA) (OTCQB:VIZSF) (Frankfurt: 0G3) (“Vizsla Silver” or the “Company”) is pleased to announce that its Board of Directors has unanimously approved the spinout of its copper assets in British Columbia into Vizsla Copper Corp. (“Vizsla Copper” or “SpinCo”) through a statutory plan of arrangement (“Arrangement”).

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