New Risk • Jun 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$66m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$66m free cash flow). Revenue is less than US$1m. お知らせ • May 15
Elemental Royalty Corporation (TSX:ELE) entered into a definitive agreement to acquire Vizsla Royalties Corp. (TSXV:VROY) for approximately CAD 290 million. Elemental Royalty Corporation (TSX:ELE) entered into a definitive agreement to acquire Vizsla Royalties Corp. (TSXV:VROY) for approximately CAD 290 million on May 13, 2026. Under the terms of the Arrangement Agreement, each Vizsla Royalties shareholder will have the option to elect to receive, for each Vizsla Royalties Share, (i) 0.15 common shares of Elemental, (ii) CAD 4.13 in cash, or (iii) a combination thereof, subject to rounding and proration, based on a maximum total cash consideration of approximately CAD 82 million. The total consideration for the Transaction is approximately CAD 327 million or CAD 4.13 per Vizsla Royalties Share on a fully-diluted basis. The Transaction price represents a premium of 31% and 22% to the unaffected closing price and the 20-day volume weighted average trading price, respectively, of the Vizsla Royalties Shares as at May 12, 2026. In case of termination of transaction, an approximately CAD 12 million is payable under certain circumstances.
The Transaction will be effected by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). In addition to approval of the Vizsla Royalties Shareholders, completion of the Transaction is subject to approval of the TSX Venture Exchange ("TSX-V") and the Toronto Stock Exchange, the Nasdaq Stock Market, the National Antitrust Commission of Mexico, court approvals and other customary closing conditions for transactions of this nature. The Arrangement Agreement includes customary deal protection provisions, including non-solicitation and right to match provisions. The deal has been unanimously approved by the board.
The Bank of Nova Scotia acted as financial advisor for Elemental Royalty Corporation. The Bank of Nova Scotia acted as fairness opinion provider for Elemental Royalty Corporation Board of Directors. Bennett Jones LLP acted as legal advisor for Elemental Royalty Corporation. GenCap Mining Advisory Ltd. acted as financial advisor for Vizsla Royalties Corp. Canaccord Genuity Corp. acted as financial advisor for Vizsla Royalties Corp. Special Committee. CIBC World Markets, Inc. acted as fairness opinion provider for Vizsla Royalties Corp. Board of Directors. Canaccord Genuity Corp. acted as fairness opinion provider for Vizsla Royalties Corp. Special Committee. Forooghian & Company Law Corporation acted as legal advisor for Vizsla Royalties Corp. Blake, Cassels & Graydon LLP acted as legal advisor for Vizsla Royalties Corp. Special Committee. Price Target Changed • May 15
Price target decreased by 23% to CA$3.90 Down from CA$5.08, the current price target is provided by 1 analyst. New target price is 6.8% above last closing price of CA$3.65. The company is forecast to post a net loss per share of CA$0.36 next year compared to a net loss per share of CA$0.13 last year. Price Target Changed • Mar 06
Price target decreased by 10% to CA$5.17 Down from CA$5.75, the current price target is an average from 3 analysts. New target price is 45% above last closing price of CA$3.56. Stock is up 88% over the past year. The company is forecast to post a net loss per share of CA$0.26 next year compared to a net loss per share of CA$0.13 last year. Price Target Changed • Oct 13
Price target increased by 18% to CA$4.83 Up from CA$4.08, the current price target is an average from 3 analysts. New target price is 27% above last closing price of CA$3.81. Stock is up 104% over the past year. The company is forecast to post a net loss per share of CA$0.03 next year compared to a net loss per share of CA$0.13 last year. Price Target Changed • Oct 10
Price target increased by 13% to CA$4.33 Up from CA$3.83, the current price target is an average from 3 analysts. New target price is 14% above last closing price of CA$3.81. Stock is up 104% over the past year. The company is forecast to post a net loss per share of CA$0.03 next year compared to a net loss per share of CA$0.13 last year. Board Change • Oct 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Executive Chairman Michael Konnert is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Sep 28
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CA$65m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (135% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Less than 1 year of cash runway based on current free cash flow (-CA$65m). お知らせ • Jul 31
Vizsla Royalties Corp., Annual General Meeting, Oct 09, 2025 Vizsla Royalties Corp., Annual General Meeting, Oct 09, 2025. Location: british columbia, vancouver Canada New Risk • Jul 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: CA$1.7m Forecast net loss in 2 years: CA$1.0m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (CA$1.0m net loss in 2 years). Recent Insider Transactions • Jul 08
Executive Chairman recently bought CA$51k worth of stock On the 7th of July, Michael Konnert bought around 20k shares on-market at roughly CA$2.54 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michael has been a buyer over the last 12 months, purchasing a net total of CA$150k worth in shares. お知らせ • Jun 12
Vizsla Royalties Corp. has completed a Follow-on Equity Offering in the amount of CAD 54.8 million. Vizsla Royalties Corp. has completed a Follow-on Equity Offering in the amount of CAD 54.8 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 27,400,000
Price\Range: CAD 2
Discount Per Security: CAD 0.1 お知らせ • Jun 05
Vizsla Royalties Corp. has filed a Follow-on Equity Offering in the amount of CAD 54.8 million. Vizsla Royalties Corp. has filed a Follow-on Equity Offering in the amount of CAD 54.8 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 27,400,000
Price\Range: CAD 2 Board Change • Apr 30
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Executive Chairman Michael Konnert is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • Oct 21
Vizsla Royalties Corp.(TSXV:VROY) dropped from S&P/TSX Venture Composite Index Vizsla Royalties Corp.(TSXV:VROY) dropped from S&P/TSX Venture Composite Index Board Change • Oct 09
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Keith Bodnarchuk was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.