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Subsequent Events
9 Months Ended
Sep. 30, 2013
Subsequent Events [Abstract]  
Subsequent Events

16. Subsequent Events

 

During October 2013, Vista and Invecture Group S.A. de C.V. (“Invecture”) terminated the 2012 Earn-in Right Agreement whereby Invecture could earn a 62.5% interest in the Los Cardones gold project located in Baja California Sur, Mexico, and entered into new agreements whereby Vista sold 100% of its debt and equity interests in the Los Cardones gold project (the “Los Cardones Sale”) to Invecture and RPG Structured Finance S.a.R.L. (the “Purchasers”), for a total of $13,000 ($7,000 of which was paid in October 2013 and $6,000 is payable in January 2014), subject to the Purchasers’ option to elect to not make this payment.  If the Purchasers elect to not make the $6,000 payment, Vista will retain the $7,000 already received and 100% of the Los Cardones gold project will be returned to Vista.

 

Per the terms of Vista’s 2013 Facility, Vista repaid $3,000 of the 2013 Facility using proceeds from the Los Cardones Sale.