Vizsla Resources Completes $800,000 Initial Public Offering; Shares to Commence Trading on TSX-V, Symbol “VZLA“ on September 21, 2018

Vancouver, September 19, 2018 - Vizsla Resources Limited (VZLA: TSX-V) ("Vizsla" or the "Company") is pleased to announce that it has completed its initial public offering ("IPO") of its common shares and listing as a Tier 2 company on the TSX Venture Exchange ("TSX-V"). The IPO consisted of the issuance of 4,333,333 common shares of the Company at a price of $0.15 per share and 750,000 flow-through common shares of the Company at a price of $0.20 per share for gross proceeds of $800,000. Vizsla's common shares are expected to commence trading on the TSXV under the symbol "VZLA" on September 21, 2018.

Haywood Securities Inc. (the "Agent") acted as Vizsla's agent in respect of the IPO. Vizsla paid to the Agent an aggregate cash commission equal to $56,000. In addition, Vizsla granted the Agent and its sub-agents non-transferable warrants entitling the Agent and its sub-agents to purchase a total of 355,833 common shares at a price of $0.15 per share until September 19, 2020. In connection with closing of the IPO, the Agent also received a corporate finance fee in the amount of $25,000.

The gross proceeds of the IPO will be directed primarily to exploring Vizsla's Kathleen Mountain Property, which is comprised of four mineral claims that cover 2,254.87 hectares located 50 km northeast of the city of Princeton, British Columbia and for working capital.

In addition, Mr. Michael Konnert announces that he holds an aggregate of 1,900,001 common shares (the "Securities"), representing approximately 17.54% of the issued and outstanding common shares of Vizsla on an undiluted basis. The Securities were purchased by Mr. Konnert prior to the IPO and he holds no other convertible securities.

The Securities held by Mr. Konnert are subject to an Escrow Agreement in accordance with National Policy 46-201 - Escrow for Initial Public Offerings. Upon release of the Securities from escrow pursuant to the terms of the escrow agreement, Mr. Konnert may dispose of the Securities in accordance with applicable securities laws. Mr. Konnert may, from time to time and at any time, acquire additional shares and/or other equity, debt or other securities or instruments of Vizsla in the open market or otherwise, and reserve the right to dispose of any or all of his Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of Vizsla and other relevant factors, including compliance with applicable securities laws.

A copy of the early warning report to be filed by Mr. Konnert will be available on SEDAR under Vizsla's profile. This news release is issued under the early warning provisions of the Canadian securities legislation.


About Vizsla Resources

Vizsla is a mineral exploration company that is engaged in the business of the acquisition, exploration and development of mineral resource properties. The Company's first project and core asset is the Kathleen Mountain Property in British Columbia. Vizla's common shares trade under the symbol "VZLA" on the TSX-V.



Contact Information

For more information and to sign-up to the mailing list, please contact:
Vizsla Resources Corp.
Michael Konnert, President and Chief Executive Officer
Tel: (604) 604 838-4327
Email: michael@inventacapital.ca



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.


Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking statements and information herein include but are not limited to statements regarding the trading of Vizsla's common shares on the TSXV, the intended use of the proceeds of the IPO and the exploration of the Kathleen Mountain Property. Vizsla does not intend to, and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.

Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Vizsla and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others legislation, taxation, controls, regulations and political or economic developments in Canada; financial risks due to precious and base metals prices, operating or technical difficulties in mineral exploration, development and mining activities; risks and hazards of mineral exploration, development and mining; the speculative nature of mineral exploration and development, risks in obtaining necessary licenses and permits, and challenges to Vizsla's title to properties.

Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to: the continued operation of Vizsla's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein.

Although Vizsla has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.