Business
Vista Gold Announces Effective Time for Completion of Arrangement
Vista Gold Announces Effective Time for Completion of Arrangement.
About this update from Vista Gold Corp
[{"type":"text","content":"\n\n\n\nDENVER, May 4 /CNW/ -- Vista Gold Corp. (Amex: VGZ; Toronto) ("Vista")\nannounced today, that as previously announced, the arrangement involving\nVista, Allied Nevada Gold Corp., and Carl and Janet Pescio, is expected to\nclose on May 10, 2007. The effective time of the arrangement is expected to\nbe 12:01 a.m. (Pacific time) on May 10, 2007. For greater clarity, all\nshareholders of Vista at 12:01 a.m. (Pacific time) on the closing date of the\narrangement will participate in the arrangement. Accordingly, in order to\nparticipate in the arrangement you must own shares of Vista at the close of\ntrading on the day before the closing date.\n\n\nAbout Vista Gold Corp.\n\n\nVista Gold Corp., based in Littleton, Colorado, evaluates and acquires\ngold projects with defined gold resources. Additional exploration and\ntechnical studies are undertaken to maximize the value of the projects for\neventual development. The Company's holdings include the Maverick Springs,\nMountain View, Hasbrouck, Three Hills, Wildcat projects, the F.W. Lewis, Inc.\nproperties and the Hycroft mine, all in Nevada, the Long Valley project in\nCalifornia, the Yellow Pine project in Idaho, the Paredones Amarillos and\nGuadalupe de los Reyes projects in Mexico, the Mt. Todd project in Australia,\nthe Amayapampa project in Bolivia and the Awak Mas project in Indonesia.\n\n\nForward-Looking Statements\n\n\nThis press release contains forward-looking statements within the meaning\nof the U.S. Securities Act of 1933 and U.S. Securities Exchange Act of 1934.\nAll statements, other than statements of historical facts, included in this\npress release that address activities, events or developments that Vista\nexpects or anticipates will or may occur in the future, including such things\nas future business strategy, competitive strengths, goals, expansion and\ngrowth of Vista's or Allied Nevada's businesses, operations, plans and other\nsuch matters are forward-looking statements. When used in this press release,\nthe words "estimate", "plan", "anticipate", "expect", "intend", "believe" and\nsimilar expressions are intended to identify forward-looking statements. These\nstatements involve known and unknown risks, uncertainties and other factors\nwhich may cause the actual results, performance o...