XML 51 R19.htm IDEA: XBRL DOCUMENT

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2014
Subsequent Events [Abstract]
Subsequent Events	13. Subsequent Events Corporate During July 2014, we filed a final short form base shelf prospectus with the securities commissions in each province and territory of Canada (other than Quebec) and an amendment to our shelf registration statement on Form S-3 filed with the United States Securities and Exchange Commission. For further details see our Current Report on Form 8-K as filed with the SEC and the Canadian securities commissions. During July 2014, 2,666,666 warrants which entitled the holder to purchase one common share at a price of $3.18 or $3.60, depending on the warrant, for a period of 24 months, expired unexercised. During July 2014, the Company issued 2,079,000 RSUs to its employees and directors. A portion of the RSU awards vest on a fixed future date provided the recipient continues to be affiliated with Vista on that date. Other RSU awards vest subject to certain performance criteria as measured by the Company’s share price performance. The vesting period for time based RSUs is at least one year. Los Cardones During July 2014, the Company and the Purchasers agreed to extend the due date for the Subsequent Payment for the Los Cardones gold project by six months to January 30, 2015 (the “Second Extension”). As consideration for the Second Extension, the Purchasers will pay Vista $250. In January 2014, Vista and the Purchasers had agreed to extend the due date of this payment to July 31, 2014 (“First Extension”). As consideration for the First Extension, the Purchasers agreed to pay Vista $250 on July 31, 2014, (the “First Extension Consideration”). The Company expects to receive a cash payment of $500 comprising the First Extension Consideration and the Second Extension Consideration on or about August 1, 2014.