Vista Gold Corp. Announces Filing of Preliminary Short Form Base Shelf Prospectus and Registration Statement

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[{"type":"text","content":"\n\n\n\nDENVER, April 17 /CNW/ -- Vista Gold Corp. ("Vista" or the "Corporation")\n(TSX & NYSE Amex: VGZ) is pleased to announce that it filed today a\npreliminary short form base shelf prospectus with the securities commissions\nin each province and territory of Canada (other than Quebec) and a\ncorresponding shelf registration statement on Form S-3 with the United States\nSecurities and Exchange Commission (collectively, the "Offering Documents"). \nThe Offering Documents, when brought effective, will allow Vista to make\nofferings of common shares, debt securities, warrants, subscription receipts\nor units for initial aggregate proceeds of up to US$200 million during the\nnext 25 months to potential purchasers in each province and territory of\nCanada (other than Quebec) and the United States. Vista expects that it will\nneed to fund the initial capital requirements for the construction and\ndevelopment of its Paredones Amarillos gold project, once necessary permits\nand approvals have been received. Although the initial financings under the\nOffering Documents are expected to be used for the construction and\ndevelopment of our existing properties, the proceeds from financings under the\nOffering Documents may also be used by Vista to fund development of its other\nexisting or acquired mineral properties, acquisitions, working capital\nrequirements, repayment of outstanding indebtedness from time-to-time or for\nother general corporate purposes. The Offering Documents provide Vista with a\nflexible and efficient approach for completing future financings for corporate\ngrowth and development.\n\n\n\n\n\nA registration statement relating to these securities has been filed with\nthe United States Securities and Exchange Commission but has not yet become\neffective. These securities may not be sold nor may offers to buy be accepted\nprior to the time the registration statement becomes effective. This news\nrelease shall not constitute an offer to sell nor the solicitation of an offer\nto buy nor shall there be any sale of these securities in any state in which\nsuch offer, solicitation or sale would be unlawful prior to the registration\nor qualification under the securities laws of any such state.\n\n\n\nAbout Vista Gold\n\n\nSince 2001, Vista has acquired a number of gold projects with the\nex...

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