Mr. Michael Konnert reports

VIZSLA ANNOUNCES MAILING AND FILING OF ANNUAL AND SPECIAL MEETING MATERIALS

Vizsla Silver Corp. has filed its notice of meeting of shareholders, management information circular and related documents (together, the meeting materials) with securities regulators, and mailed the meeting materials to shareholders.

• Vizsla Silver is holding its annual and special meeting of shareholders on Dec. 8, 2022, at 11 a.m. Pacific Time.
• Shareholders are encouraged to vote well in advance of the proxy voting deadline on Dec. 6, 2022.
• Shareholders who have questions or need assistance with voting their shares should contact Laurel Hill Advisory Group 1-877-452-7184 (North American toll-free) or 416-304-0211 (outside North America); or by e-mail at: assistance@laurelhill.com.

The meeting will be held at suite 700, 1090 West Georgia St., Vancouver, B.C., on Dec. 8, 2022, at 11 a.m. Pacific Time, however shareholders are encouraged to vote their shares by proxy prior to the proxy voting deadline at 11 a.m. on Dec. 6, 2022.

The circular contains information for shareholders regarding the annual and special meeting, including exercising voting rights on the election of the board of directors, the appointment of the company's auditor, the approval of the omnibus equity incentive plan, a resolution to reapprove the company's existing stock option plan if the omnibus plan is not approved, and the ratification and approval of the advance notice policy.

The company is also pleased to be welcoming David Cobbold to Vizsla's board of directors, who is standing for election for the first time. Mr. Cobbold brings a wealth of experience from a 25-year career in investment banking and financial services. He is currently the vice-chairman of metals and mining at Macquarie Group.

Shareholders who held shares as of the record date of Oct. 28, 2022, will be eligible to vote. Detailed voting instructions are included with the meeting materials.

Shareholders who have questions or need assistance with voting their shares should contact Laurel Hill Advisory Group 1-877-452-7184 (North American toll-free) or 416-304-0211 (outside North America); or by e-mail at: assistance@laurelhill.com.

The company is using notice and access to deliver the meeting materials to shareholders. The meeting materials can be found on-line and under the company's issuer profile on SEDAR. Shareholders may also request a paper copy of these documents as indicated in the circular and in the notice of availability of proxy materials, which will be mailed to shareholders.

About Vizsla Silver Corp.

Vizsla Silver is a Canadian mineral exploration and development company headquartered in Vancouver, B.C., focused on advancing its flagship, 100-per-cent-owned Panuco silver-gold project located in Sinaloa, Mexico.

To date, Vizsla Silver has completed over 210,000 metres of drilling at Panuco leading to the discovery of several new high-grade veins. For 2022, Vizsla Silver has budgeted over 120,000 metres of resource/discovery-based drilling, designed to upgrade and expand the maiden resource, as well as to test other high-priority targets across the district.