Vancouver, British Columbia–(Newsfile Corp. – December 19, 2022) – Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (“Prismo”) is pleased to announce that it has entered into a binding strategic investment agreement (the “Definitive Agreement”) with Vizsla Silver Corp. (TSXV: VZLA, NYSE: VZLA, Frankfurt: 0G3) (“Vizsla”). Pursuant to the Definitive Agreement, Vizsla will make a strategic investment in Prismo by acquiring 4 million units of Prismo (the “Prismo Units”), for an aggregate consideration of $2 million (the “Strategic Investment”). Vizsla will also acquire a right of first refusal to purchase the Palos Verdes project from Prismo.