Mr. Michael Konnert reports

VIZSLA SILVER ANNOUNCES INCENTIVE PLAN REWARDS

Vizsla Silver Corp. has granted 3.85 million stock options at an exercise price of $1.60 to directors, officers, employees and consultants of the company, pursuant to its omnibus equity incentive compensation plan. The options are exercisable for a period of five years and will vest over the next two years.

The options are subject to the approval and policies of the TSX Venture Exchange and the NYSE American.

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 250,000 metres of drilling at Panuco, leading to the discovery of several new high-grade veins. For 2023, Vizsla Silver has budgeted 90,000 metres of resource/discovery-based drilling, designed to upgrade and expand the mineral resource, as well as test other high-priority targets across the district.

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