Vizsla Copper Corp. (TSX-V: VCU) (OTCQB: VCUFF)  is pleased to announce that, further to it’s news releases dated April 15, 2025, April 17, 2025 and May 16, 2025, it has closed the final tranche in its non-brokered private placement for additional gross proceeds of C$1,764,997.50.  The total Offering raised aggregate gross proceeds of C$5,565,717.45.

In the final tranche, a further 33,920,000 units of the Company were issued at a price of C$0.05 per HD Unit for gross proceeds of C$1,696,000.  Each HD Unit consists of one common share of the Company and one common share purchase warrant.

In the final tranche, a total of 1,254,500 flow-through units of the Company  were issued at a price of C$0.055 per FT Unit for gross proceeds of C$68,997.50.  Each FT Unit consists of one common share of the Company to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) and one-half of one Warrant.

Each whole Warrant shall entitle the holder to purchase one common share of the Company at a price of C$0.09 at any time on or before that date which is May 26, 2027.

The Company intends to use the net proceeds from the sale of HD Units for working capital and general corporate purposes.  The gross proceeds from the sale of the FT Units will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Income Tax Act (Canada) related to the Company’s projects in British Columbia, Canada. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Units effective December 31, 2025.

In connection with the final tranche of the Offering, the Company paid finders fees of $4,140 cash and issued 78,000 finders warrants of the Company to eligible arm’s length finders. Each Finders Warrant entitles the finder to purchase one common share of the Company at a price of $0.09 per Finder Warrant Share until May 26, 2027.

The securities issued in connection with the Offering are subject to a four-month and one-day hold period under applicable Canadian securities laws. Closing of the Offering is subject to final approval of the TSX Venture Exchange.

In the final tranche, Directors and officers of the Company subscribed for an aggregate of 11,574,500 Offered Units for gross proceeds of $580,997.50 under the Offering. Participation by insiders of the Company in the Offering constitutes a related-party transaction as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The issuance of securities is exempt from the formal valuation requirements of Section 5.4 of MI 61-101 pursuant to Subsection 5.5(b) of MI 61-101 as the common shares of the Company are listed on the TSX-V. The issuance of securities is also exempt from the minority approval requirements of Section 5.6 of MI 61-101 pursuant to Subsection 5.7(1)(b) of MI 61-101 as the fair market value was less than $2,500,000.

The securities described herein have not been, and will not be, registered under the U.S. Securities Act, as amended, or any state securities laws, and accordingly, may not be offered or sold within the United States or the US persons except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

UPDATED TERMS TO MEGATON OPTION AGREEMENT

The Company further announces that it has amended the terms of the Megaton option agreement dated May 6, 2013, as amended, with respect to its right to acquire a 100% interest in the Megaton Property.

Under the new amended terms, and subject to TSX Venture Exchange approval, Vizsla Copper will issue 4,200,000 common shares to the optionors in lieu of making a cash payment of $250,000. Vizsla Copper has the right to earn up to 100% ownership of the claims by satisfying the payments outlined in Table 1.

Table 1 – Amended Schedule for Megaton Option Agreement

All common shares issued in connection with the Amending Agreement will be subject to a hold period expiring four months plus one day from the date of issuance. In addition, 3,1500,000 common shares issued in connection with the Amending Agreement will have an additional hold period expiring eight month from the date of issuance.

ABOUT VIZSLA COPPER

Vizsla Copper is a Cu-Au-Mo focused mineral exploration and development company headquartered in Vancouver, Canada. The Company is primarily focused on its flagship Woodjam project, located within the prolific Quesnel Terrane, 55 kilometers east of the community of Williams Lake, British Columbia. It has three additional copper properties: Poplar, Copperview, and Redgold, all well situated amongst significant infrastructure in British Columbia. The Company’s growth strategy is focused on the exploration and development of its copper properties within its portfolio in addition to value accretive acquisitions. Vizsla Copper’s vision is to be a responsible copper explorer and developer in the stable mining jurisdiction of British Columbia, Canada and it is committed to socially responsible exploration and development, working safely, ethically and with integrity.

Vizsla Copper is a spin-out of Vizsla Silver Corp. and is backed by Inventa Capital Corp., a premier investment group founded in 2017 with the goal of discovering and funding opportunities in the resource sector.