Vizsla Royalties Corp. is a Canadian precious metals royalty and streaming company engaged in the acquisition, management, and holding of royalty interests in mineral exploration and mining properties. Founded in 2024 as a spin-out from Vizsla Silver Corp. and headquartered in Vancouver, British Columbia, Canada, the company operates within the metal mining and royalty finance industry. Vizsla Royalties Corp. focuses on generating non-dilutive, top-line cash flow by providing long-term exposure to precious metals exploration, development, and production assets without exposure to direct operating costs or sustaining capital expenditures. The company's primary underlying royalty assets are geographically centered in the high-grade Panuco-Copala silver and gold district located in Sinaloa, Mexico.
The company's core products and services encompass precious metals royalty assets and mineral interest investment vehicles, comprising: life-of-mine Net Smelter Return (NSR) royalty contracts; a 3.5% NSR royalty on the Silverstone mineral concessions covering the core vein corridors of the Panuco silver-gold project; a 2.0% NSR royalty on the Rio Panuco mineral concessions spanning surrounding exploration and development tenements; unencumbered royalty rights structured without buyback options, step-downs, or production caps; mineral royalty administration, accounting, and compliance monitoring services; and precious metals financial exposure instruments tailored for institutional resource funds, commercial investment firms, and individual equity investors seeking unhedged commodity and exploration upside.
In recent corporate developments, Vizsla Royalties Corp. completed a definitive transaction in September 2026 pursuant to which Elemental Royalty Corporation acquired all of the issued and outstanding common shares of the company through a court-approved plan of arrangement valued at approximately CAD 327 million (USD 239 million). This transaction followed the company's initial formation and reorganization in June 2024, when Vizsla Silver Corp. executed the corporate spin-out of its royalty asset portfolio to create a standalone vehicle. Following the completion of the acquisition by Elemental Royalty Corporation, Vizsla Royalties Corp. operates as a wholly owned subsidiary holding core royalties within Elemental's global mining portfolio, and its common shares were subsequently delisted from public trading on the TSX Venture Exchange and secondary trading venues.