Vista Gold announces closing of $44.85M public offering

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Tue, March 10, 2026 astatine 8:50 AM CDT 1 min read

Vista Gold (VGZ) announced the closing of its antecedently announced underwritten nationalist offering of 17,940,000 of its communal shares, which includes the afloat workout of the underwriters’ enactment to acquisition 2,340,000 further communal shares, astatine a terms to the nationalist of $2.50 per share. The full gross proceeds to Vista were $44.85M, earlier deducting underwriting discounts and committee and different offering expenses payable by Vista. The institution intends to allocate the nett proceeds from the offering to beforehand exploration and improvement activities astatine the company’s Mt. Todd golden project, a development-stage golden deposit successful Australia’s Northern Territory, and for wide firm purposes. CIBC Capital Markets acted arsenic the sole bookrunner for the offering and BMO Capital Markets, Raymond James, H.C. Wainwright & Co. and Tamesis Partners acted arsenic co-managers for the offering.

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