Vizsla Silver (TSE:VZLA) has released an update.
Vizsla Silver Corp. has announced that its shareholders have approved a plan of arrangement with Vizsla Royalties Corp., which will result in the distribution of Spinco shares and warrants to Vizsla Silver shareholders. The arrangement received overwhelming support, with 85.03% of votes in favor, and will see Spinco become an independent entity rather than a wholly owned subsidiary. Additionally, the shareholders approved the Spinco Option Plan with 69.16% of the votes during a Special Meeting.
For further insights into TSE:VZLA stock, check out TipRanks’ Stock Analysis page.
