| Vista Gold Corp. Completes The Sale Of 8,000,000 Shares Of Midas Gold Corp. | |
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Mar 16, 2015
DENVER , March 16, 2015 /PRNewswire/ -- Vista Gold Corp. (TSX & NYSE MKT: VGZ) ("Vista" or the "Company") announced that it has completed the previously announced sale of 8,000,000 common shares of Midas Gold Corp. ("Midas") held by Vista Gold U.S. Inc. ("Vista US") at a price of Cdn$0 .46 per Midas Share for aggregate gross proceeds of Cdn$3,680,000 .
After completion of the sale, Vista holds, directly and indirectly through Vista US, an aggregate of 7,802,615 common shares of Midas, representing approximately 5.5% of the outstanding common shares of Midas. Vista and Vista US have agreed that they will not sell any of their remaining shares of Midas for a period of 6 months from today's date.
The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold absent such registration or pursuant to an exemption from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein in the United States.
About Vista Gold Corp.
Vista's principal asset is its flagship Mt Todd gold project in Northern Territory, Australia. We also hold approximately 5.5% of the outstanding common shares of Midas, non-core projects in Mexico and the United States and royalty interests in projects in Bolivia and Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.
For further information, please contact Connie Martinez at (720) 981-1185.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/vista-gold-corp-completes-the-sale-of-8000000-shares-of-midas-gold-corp-300050463.html
SOURCE Vista Gold Corp.
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Vista Gold Corp
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EN DÉVELOPPEMENT |
CODE : VGZ.TO |
ISIN : CA9279263037 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Vista Gold est une société basée aux Etats-Unis D'Amerique. Vista Gold détient divers projets d'exploration au Mexique et en Australie. Ses principaux projets en développement sont CONCORDIA au Mexique et MT. TODD en Australie et ses principaux projets en exploration sont AWAK MAS en Indonesie, GUADALUPE DE LOS REYES et GUADALUPE DE LOS REYES au Mexique et YELLOW PINE, LONG VALLEY et MT TODD MINE en Australie. Vista Gold est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 61,3 millions CA$ (44,9 millions US$, 42,0 millions €). La valeur de son action a atteint son plus bas niveau récent le 22 décembre 2000 à 0,04 CA$, et son plus haut niveau récent le 17 novembre 2006 à 9,89 CA$. Vista Gold possède 82 904 132 actions en circulation. |