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Stock impact report

Vista Gold Clarifies At-The-Market Offering Agreement Renewal

Vista Gold Corp (VGZ) 
NASDAQ:AMEX Investor Relations: vistagold.com
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) recently renewed its At-The-Market Offering Agreement (“ATM Agreement”) with H.C. Wainwright & Co., LLC. In the course of ordinary business, Vista has maintained an ATM Agreement since 2017, including pursuant to periodic renewals. Under the ATM Agreement, Vista has the right to sell up to US$8 million in Vista common shares but is under no obligation to do so.Frederick H. Earnest, Vista’s President and CEO commented, “We have consistently maintained an ATM Agreement as part of our business strategy; however, in the past, we have only used it from time to time on what we believe is an opportunistic basis. On October 23, 2024, we announced our third quarter 2024 financial results in which we reported US$19 million in cash as of September 30, 2024. We anticipate using the renewed ATM in a manner generally consistent with our past practices but are not marketing a financing under the ATM Agreement for its face amo Show less Read more
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