Vista Gold Corp. Announces Pricing of US$39.0 million Public Offering of Common Shares

Core Viewpoint - Vista Gold Corp. has announced a public offering of 15,600,000 common shares priced at US$2.50 per share, aiming to raise approximately US$39.0 million before expenses [1][2]. Offering Details - The offering is expected to close on March 9, 2026, pending customary closing conditions and approvals from the NYSE American and the Toronto Stock Exchange [2]. - Vista has granted underwriters a 30-day option to purchase an additional 2,340,000 common shares to cover over-allotments [2]. Use of Proceeds - The net proceeds from the offering will be allocated to advance exploration and development activities at the Mt. Todd gold project in Australia's Northern Territory, as well as for general corporate purposes [3]. Underwriters and Regulatory Compliance - CIBC Capital Markets is the sole bookrunner for the offering, with BMO Capital Markets, Raymond James, H.C. Wainwright & Co., and Tamesis Partners acting as co-managers [3]. - The offering is made under an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission [4]. Additional Information - The offering is being conducted in Canada, excluding Quebec, under the "listed issuer financing" exemption [5]. - The Company intends to rely on exemptions set forth in the TSX Company Manual for this offering [6]. Company Overview - Vista Gold Corp. holds the Mt. Todd gold project, a significant development-stage gold deposit located in a Tier-1 mining jurisdiction in Northern Territory, Australia [8]. - The Mt. Todd project is characterized by strong project economics, significant initial production potential, and opportunities for expansion and exploration [9].