Vizsla Silver (VZLA) on Monday said it was updating its previously announced at-the-market equity program to now sell up to $200 million worth of shares.

The company plans to raise funds to advance its Panuco project, and for working capital and general corporate purposes, it said.

The company said it filed a prospectus supplement for the ATM financing program with regulators in Canada and the US.

Concurrent with entering into the equity distribution agreement, its previously announced at-the-market equity distribution agreement dated Sept. 13, 2024 was terminated.

Price: 2.16, Change: -0.02, Percent Change: -0.69