Vizsla Copper Corp. (TSXV:VCU) agreed to acquire RG Copper Corp. for CAD 2.8 million on May 10, 2023. Pursuant to the Acquisition Agreement, the Company will issue 12,000,000 common shares in the capital of the Company (the "Consideration Shares") to the shareholders of RG Copper. The Acquisition is subject to standard closing conditions, including the approval of the TSX Venture Exchange (the "TSXV"). Subject to receiving the approval of the TSXV, and the satisfaction of the remaining closing conditions, the Acquisition is expected to close on or about May 23, 2023. As of June 20, 2023, Vizsla, RG Copper and the owners of the Redgold Project have amended the terms of the agreement. Pursuant to the amended terms, RG Copper may acquire up to a 70% interest in the Redgold Project by meeting the following requirements: RG Copper must pay CAD 0.5 million (CAD 0.05 million), incur eligible expenditures of CAD 2 million and issue 0.4 million common shares and an additional CAD 0.4 million in common shares prior to October 1, 2026 to earn a 51% interest. RG Copper has the option to increase its interest in the Redgold Project from 51% to 70% by paying an additional CAD 0.5 million, incurring an additional CAD 2 million of eligible expenditures and issuing an additional CAD 0.5 million in common shares prior to October 1, 2028. RG Copper will grant the Underlying Owners a 2.5% net smelter royalty (subject to a buy down to 1.0% for CAD 2 million), which will come into effect if and when the Underlying Owners' collective participating interest in the Redgold Project is diluted to less than or equal to 15%. Any shares issued to the owners pursuant to the agreement will be subject to a floor price of CAD 0.17625 per share resulting in a maximum of 5,106,384 common shares of the Company being issued. The Company has also agreed to make maximum cash payments of CAD 0.644681 to the vendors if the value of the Company's common shares is below the Floor Price on the relevant issuance date. The transaction is expected to close in the coming weeks.

Vizsla Copper Corp. (TSXV:VCU) completed the acquisition of RG Copper Corp. on June 20, 2023. The company issued 12 million shares to the former shareholders of RG Copper as consideration.