VIZSLA SILVER TO MAKE STRATEGIC INVESTMENT IN PRISMO METALS AND RECEIVE ROFR ON THE PALOS VERDES CONCESSION

VANCOUVER, BC, Nov. 24, 2022 /CNW/ – Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) (“Vizsla” or the “Company”) is pleased to announce it has entered into non-binding letter of intent (the “LOI”) with Prismo Metals Inc. (CSE: PRIZ) (“Prismo”), a company co-founded and advised by Dr. Peter Megaw. Pursuant to the LOI, the Company intends to make a strategic investment (the “Strategic Investment”) with a right of first refusal (the “ROFR”) to purchase the Palos Verdes project from Prismo (the “Project”), and 4,000,000 units of Prismo (the “Prismo Units”), for aggregate consideration of C$2,000,000.

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