Business
Vista Gold Corp. Announces Common Stock Offering
DENVER, Sept. 8 /CNW/ -- Vista Gold Corp ("Vista" or the "Company") (TSX & NYSE Amex: VGZ) is ple...
About this update from Vista Gold Corp
[{"type":"text","content":"\n\n\n\n\n\n\n\nDENVER, Sept. 8 /CNW/ -- Vista Gold Corp ("Vista" or the "Company") (TSX\n& NYSE Amex: VGZ) is pleased to announce that it intends to offer 8 million\nshares of its common stock pursuant to the Company's shelf registration\nstatement filed with the U.S. Securities and Exchange Commission (the "SEC")\nand a prospectus supplement to its base shelf prospectus filed with certain\nCanadian securities regulatory authorities. The Company intends to grant the\nunderwriters a 30-day option to purchase up to 1.2 million additional shares\nof common stock to cover over-allotments, if any.\n\n\nVista intends to use the net proceeds from this offering (i) to fund\ndrilling, exploration, and technical/engineering activities (including the\npreparation of a feasibility study) on its Mt. Todd gold project, (ii) to fund\nthe engineering, design and other technical activities to advance its\nParedones Amarillos gold project, (iii) to fund exploration activities and if\nwarranted, drilling programs at its Guadalupe de los Reyes gold project and\n(iv) to fund acquisitions, and further development of acquired mineral\nproperties, working capital requirements and/or for other general corporate\npurposes.\n\n\nDahlman Rose & Company, LLC and Wellington West Capital Markets Inc. are\nacting as joint book-runners for the offering.\n\n\nThe offering is being made by way of a registration statement, which has\nbeen declared effective by the SEC, a base shelf prospectus and a prospectus\nsupplement each of which has been filed with the SEC and each of the\nProvincial securities regulatory authorities in Canada, other than Quebec. A\ncopy of the preliminary prospectus supplement incorporating the base shelf\nprospectus relating to the offering may be obtained by either contacting the\nunderwriters, by accessing the SEC website, www.sec.gov, or by accessing the\nwebsite maintained by the Canadian securities regulatory authorities, SEDAR,\nat www.sedar.com.\n\n\nIn the United States from:\n\n\nDahlman Rose & Company, LLC\nAttn: Prospectus Dept.\n142 West 57th Street\n18th Floor\nNew York, NY 10019\nPhone: 212-702-4521\nFax: 212-920-2952\nEmail: [email protected]\n\n\nIn Canada from:\n\n\nWellington West Capital Markets Inc.\nAttn: Scott Larin\n145 King Street West, Suite 700\nPhone: 416-640-4893\nFax...