<SEC-DOCUMENT>0000783324-14-000006.txt : 20140204
<SEC-HEADER>0000783324-14-000006.hdr.sgml : 20140204
<ACCEPTANCE-DATETIME>20140204171315
ACCESSION NUMBER:		0000783324-14-000006
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20140204
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140204
DATE AS OF CHANGE:		20140204

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISTA GOLD CORP
		CENTRAL INDEX KEY:			0000783324
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			B0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09025
		FILM NUMBER:		14573193

	BUSINESS ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
		BUSINESS PHONE:		720-981-1185

	MAIL ADDRESS:	
		STREET 1:		7961 SHAFFER PKWY
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES INC
		DATE OF NAME CHANGE:	19950602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GRANGES EXPLORATION LTD
		DATE OF NAME CHANGE:	19890619
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>vgz-20140204x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			<a name="A001"></a><a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:10pt;">UNITED STATES</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;">SECURITIES AND EXCHANGE COMMISSION</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;">WASHINGTON, D.C. 20549</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;">_________________ </font>
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			<a name="A003"></a><font style="display: inline;font-weight:bold;">FORM 8-K</font><font style="display: inline;">&nbsp;</font>
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			<a name="A004"></a><font style="display: inline;font-weight:bold;">CURRENT REPORT</font><font style="display: inline;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">Pursuant to Section 13 or 15(d) of the </font><br /><font style="display: inline;font-size:10pt;">Securities Exchange Act of 1934 </font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">Date of Report: </font><font style="display: inline;font-weight:bold;font-size:10pt;">January 30</font><font style="display: inline;font-weight:bold;font-size:10pt;">, 2014</font>
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			<font style="display: inline;font-size:10pt;">(Date of earliest event reported)</font>
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			<a name="A006"></a><font style="display: inline;font-weight:bold;font-size:13.5pt;">VISTA GOLD CORP. </font><br /><font style="display: inline;font-weight:bold;font-size:13.5pt;"></font><font style="display: inline;font-size:10pt;">(Exact Name of Registrant as Specified in Charter) </font>
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			<a name="A007"></a><font style="display: inline;font-weight:bold;font-size:10pt;">British Columbia</font><font style="display: inline;font-weight:bold;font-size:10pt;">, Canada </font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(State or Other Jurisdiction of Incorporation) </font>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">1-9025</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(Commission File Number) </font></p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">Not Applicable</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(IRS Employer Identification No.) </font></p>
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			<br /><font style="display: inline;"></font><a name="A009"></a><font style="display: inline;font-weight:bold;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:10pt;">7961 Shaffer parkway, suite 5, littleton, colorado 80127</font>
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			<font style="display: inline;font-size:10pt;">(Address of Principal Executive Offices and Zip Code)</font>
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			<font style="display: inline;font-size:10pt;">Registrant&#x2019;s telephone number, including area code:&nbsp;&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">(720) 981-1185</font>
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			<a name="A011"></a><font style="display: inline;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font>
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						<font style="display: inline;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
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						<font style="display: inline;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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						<font style="display: inline;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
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						<font style="display: inline;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;"></font><a name="A012"></a>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 1.01 Entry into a Material Definitive Agreement</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">On January 30, 2014, Vista Gold Corp. (&#x201C;Vista&#x201D;), entered into </font><font style="display: inline;font-size:10pt;">a</font><font style="display: inline;font-size:10pt;">n amendment agreement (the &#x201C;Amendment Agreement&#x201D;) to its previously announced</font><font style="display: inline;font-size:10pt;"> debt transfer agreement made as of October 16, 2013</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">(the &#x201C;Original Agreement&#x201D;) </font><font style="display: inline;font-size:10pt;">between Vista and </font><font style="display: inline;font-size:10pt;">RPG Structured Finance S.&#xE1;.R.L (the &#x201C;Purchaser&#x201D;) </font><font style="display: inline;font-size:10pt;">which, among other things, provides for the acquisition by </font><font style="display: inline;font-size:10pt;">the Purchaser </font><font style="display: inline;font-size:10pt;">of the non-interest bearing indebtedness of </font><font style="display: inline;font-size:10pt;">Desarrollos Zapal, S.A. de C.V. </font><font style="display: inline;font-size:10pt;">to Vista in the amount of US$2</font><font style="display: inline;font-size:10pt;">0,090,528.43.</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The Amendment Agreement</font><font style="display: inline;font-size:10pt;"> postpone</font><font style="display: inline;font-size:10pt;">s</font><font style="display: inline;font-size:10pt;"> the </font><font style="display: inline;font-size:10pt;">deadline for the </font><font style="display: inline;font-size:10pt;">second (and final) US$6.0 million payment by the Purchaser to Vista from January 30, 2014 </font><font style="display: inline;font-size:10pt;">to July 31, 2014 </font><font style="display: inline;font-size:10pt;">in </font><font style="display: inline;font-size:10pt;">consideration for payment by the Purchaser to Vista of an additional US$250,000 on the extended payment deadline date.</font><font style="display: inline;font-size:10pt;"> &nbsp;&nbsp;</font>
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		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">The </font><font style="display: inline;font-size:10pt;">Original Agreement was amended as follows:</font>
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			<font style="display: inline;font-size:10pt;">Recital B of the </font><font style="display: inline;font-size:10pt;">Original Agreement is amended so that the reference to &#x201C;January 30, 2014&#x201D; is deleted and &#x201C;July 31, 2014&#x201D; is substituted in its place.</font>
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		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The definition of &#x201C;Subsequent Payment date&#x201D; in Section 1.1 of the Original Agreement is amended so that the reference to &#x201C;January 30, 2014&#x201D; is deleted and &#x201C;July 31, 2014&#x201D; is substituted in its place</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">Section 2.2(b) of the Original Agreement is amended and restated in its entirety to read as follows:</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">the Purchaser shall wire to Vista funds in the amount equal to the Subsequent Payment Amount plus US$250,000 in accordance with the instructions set forth in Schedule &#x201C;A&#x201D;.</font>
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		<p style="margin:0pt 0pt 0pt 36pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Section 5.1(a) of the Original Agreement is amended so that the reference to &#x201C;January 30, 2014&#x201D; is deleted and &#x201C;July 31, 2014&#x201D; is substituted in its place.</font>
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		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">No other provisions of the Original Agreement were amended. This summary of the material terms of the Amendment Agreement are qualified in their entirety by the Amendment Agreement attached hereto as Exhibit 10.1</font><font style="display: inline;font-size:10pt;">.</font>
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		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;">Item 7.01&nbsp;&nbsp;Regulation FD</font>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;font-size:10pt;">On </font><font style="display: inline;font-size:10pt;">January </font><font style="display: inline;font-size:10pt;">30</font><font style="display: inline;font-size:10pt;">, 2014</font><font style="display: inline;font-size:10pt;">, the Registrant issued a press release announcing</font><font style="display: inline;font-size:10pt;"> that </font><font style="display: inline;font-size:10pt;">it</font><font style="display: inline;font-size:10pt;"> has agreed to extend the due date for the second (and final) US$6.0 million payment for the Los Cardones gold project in Baja California Sur, Mexico by six months to July 31, 2014.</font><font style="display: inline;font-size:10pt;"> &nbsp;A copy of the press release is attached to this report as Exhibit&nbsp;99.1. In accordance with General Instruction B.2 of Form&nbsp;8-K, the information set forth herein and in the press release is deemed to be &#x201C;furnished&#x201D; and shall not be deemed to be &#x201C;filed&#x201D; for purposes of the Securities Exchange Act of 1934, as amended and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.&nbsp;&nbsp;The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form&nbsp;8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.</font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 9.01&nbsp;&nbsp;Exhibits</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">10.1</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Amendment Agreement</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">99.1</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Press Release dated </font><font style="display: inline;font-size:10pt;">January </font><font style="display: inline;font-size:10pt;">30</font><font style="display: inline;font-size:10pt;">, 2014</font><font style="display: inline;font-size:10pt;">*</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">*The Exhibit relating to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant to Regulation FD.</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">SIGNATURES</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-size:10pt;">In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;CellSpacing:0;margin-left:0pt;">
			<tr style="CellSpacing:0;">
				<td valign="top" style="width:50.00%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&nbsp; &nbsp;</font></p>
				</td>
				<td valign="top" style="width:50.00%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">VISTA GOLD CORP.</font><br /><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">(Registrant) </font></p>
				</td>
			</tr>
			<tr style="CellSpacing:0;">
				<td valign="top" style="width:50.00%;padding:0pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&nbsp;</font></p>
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Dated:&nbsp;</font><font style="display: inline;font-size:10pt;">February </font><font style="display: inline;font-size:10pt;">4</font><font style="display: inline;font-size:10pt;">, 2014</font></p>
				</td>
				<td valign="top" style="width:50.00%;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">By: </font><font style="display: inline;font-size:10pt;text-decoration:underline;"> /s/John F. Engele</font></p>
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">John F. Engele</font></p>
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Chief Financial Officer</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

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<html>
	<head>
		<title>
			vgz - 2014.2.4 - Los Cardones Transfer Agreement EX 99.2
		</title>
	</head>
	<body><div style="margin-left:90pt;margin-right:90pt;"><div style="width:100%">

		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;font-weight:bold;">Exhibit 10.1</font>

		</p>

</div>
		<p style="margin:0pt 0pt 24pt;text-align:center;text-decoration:underline;font-weight:bold;font-family:Times New Roman;font-size: 11pt">
			<a name="_GoBack"></a><font style="display: inline;">AMENDING AGREEMENT</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">THIS AGREEMENT</font><font style="display: inline;font-size:11pt;"> made this </font><font style="display: inline;font-size:11pt;">30</font><font style="display: inline;font-size:11pt;"> day of</font><font style="display: inline;font-size:11pt;"> January</font><font style="display: inline;font-size:11pt;">, 201</font><font style="display: inline;font-size:11pt;">4,</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">BETWEEN:</font>
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			<font style="display: inline;font-weight:bold;font-size:11pt;">Vista Gold Corp.</font><font style="display: inline;font-size:11pt;">, a corporation existing under the laws the British Columbia, Canada</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(&#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">Vista</font><font style="display: inline;font-size:11pt;">&#x201D;)</font>
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			<font style="display: inline;font-weight:bold;font-size:11pt;">AND</font>
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			<font style="display: inline;font-weight:bold;">RPG Structured Finance S.&#xE0; r.l.</font><font style="display: inline;">, &nbsp;</font><font style="display: inline;">a &nbsp;</font><font style="display: inline;">company existing</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">under the laws of Luxembourg</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">(the &#x201C;</font><font style="display: inline;font-weight:bold;">Purchaser</font><font style="display: inline;">&#x201D;)</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">WHEREAS:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">A</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">Vista and the Purchaser </font><font style="display: inline;font-size:11pt;">(</font><font style="display: inline;font-size:11pt;">together</font><font style="display: inline;font-size:11pt;">, the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">Parties</font><font style="display: inline;font-size:11pt;">&#x201D;) entered into a</font><font style="display: inline;font-size:11pt;"> debt transfer agreement made as of October 16, 2013</font><font style="display: inline;font-size:11pt;"> (the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">Original Agreement</font><font style="display: inline;font-size:11pt;">&#x201D;) </font><font style="display: inline;font-size:11pt;">which</font><font style="display: inline;font-size:11pt;">, &nbsp;</font><font style="display: inline;font-size:11pt;">among other things, provide</font><font style="display: inline;font-size:11pt;">s</font><font style="display: inline;font-size:11pt;"> for the acquisition by the Purchaser of </font><font style="display: inline;font-size:11pt;">the non-interest bearing indebtedness of Desarrollos Zapal, S.A. de C.V. to Vista in the amount of US$20,090,528.43;</font><font style="display: inline;font-size:11pt;"> and</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">B</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">the Parties wish to amend the Original Agreement</font><font style="display: inline;font-size:11pt;"> to postpone the Subsequent Payment Date (as defined in the Original Agreement) to July 31, 2014 and to provide for the payment by the Purchaser to Vista of an additional US$250,000 on the Subsequent Payment Date</font><font style="display: inline;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;punctuation-wrap:hanging;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">NOW THEREFORE in consideration of the mutual covenants and promises herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as follows:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">1</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">Recital B</font><font style="display: inline;font-size:11pt;"> of the </font><font style="display: inline;font-size:11pt;">Original Agreement is amended</font><font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;">so that the reference to &#x201C;January 30, 2014&#x201D; is deleted and &#x201C;July 31, 2014&#x201D; is substituted in its place.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">2</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">The definition of &#x201C;Subsequent Payment Date&#x201D;</font><font style="display: inline;font-size:11pt;"> in S</font><font style="display: inline;font-size:11pt;">ection 1.1 of the Original Agreement is </font><font style="display: inline;font-size:11pt;">amended </font><font style="display: inline;font-size:11pt;">so that the reference to &#x201C;January 30, 2014&#x201D; is deleted and &#x201C;July 31, 2014&#x201D; is substituted in its place.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">3</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">Section 2.2(b) of the Original Agreement is amended and restated in its entirety to read as follows:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<a name="_Ref369517474"></a><font style="display: inline;font-size:11pt;">the Purchaser shall wire to Vista funds in the amount equal to the Subsequent Payment Amount plus </font><font style="display: inline;font-size:11pt;">US</font><font style="display: inline;font-size:11pt;">$250,000 in accordance with the instructions set forth in Schedule &#x201C;A&#x201D;.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">4</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">Section </font><font style="display: inline;font-size:11pt;">5.1(a)</font><font style="display: inline;font-size:11pt;"> of the Original Agreement </font><font style="display: inline;font-size:11pt;">is </font><font style="display: inline;font-size:11pt;">amended </font><font style="display: inline;font-size:11pt;">so that the reference to &#x201C;January 30, 2014&#x201D; is deleted and &#x201C;July 31, 2014&#x201D; is substituted in its place.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

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			&nbsp;

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</div>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">5</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">The Original Agreement, as amended hereby, shall continue in full force and effect and the provisions of the Original Agreement, as hereby amended, are ratified and confirmed in all respects.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">6</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">This Agreement and the Original Agreement shall be read and construed together as if they constituted one document, provided that if there is any inconsistency between the Original Agreement and the provisions of this Agreement, the provisions of this Agreement shall govern.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">7</font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 29.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">This Agreement may be executed and delivered in any number of counterparts, which may be executed and delivered by facsimile transmission or electronically in PDF or similar secure format, and it will not be necessary that the signatures of all Parties be contained on any counterpart.&nbsp;&nbsp;Each counterpart will be deemed an original and all counterparts together will constitute one and the same document. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">IN WITNESS WHEREOF</font><font style="display: inline;"> the Parties hereto have caused this Agreement to be executed by their duly authorized representatives as of the date first above written.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="right" style="border-collapse:collapse;margin-left:0pt;">
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					<p style="margin:0pt 0pt 18pt;font-weight:bold;font-family:Times New Roman;font-size: 11pt">
						<a name="_DV_M493"></a><font style="display: inline;font-size:11pt;">VISTA GOLD CORP.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:28.80pt;padding:0pt 6.5pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">By:</font></p>
				</td>
				<td valign="top" style="width:219.60pt;padding:0pt 6.5pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">/s/John F. Engele</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:28.80pt;padding:0pt 6.5pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:219.60pt;border-top:1pt solid #000000 ;padding:0pt 6.5pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Name:</font><font style="display: inline;font-size:11pt;"> &nbsp;John F. Engele</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:28.80pt;padding:0pt 6.5pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:219.60pt;padding:0pt 6.5pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Title:</font><font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer</font></p>
				</td>
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		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
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		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="right" style="border-collapse:collapse;margin-left:0pt;">
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				<td colspan="2" valign="bottom" style="width:248.40pt;padding:0pt 6.5pt;">
					<p style="margin:0pt 0pt 18pt;font-weight:bold;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">RPG STRUCTURED FINANCE S.&#xC0; R.L.</font></p>
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					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">By:</font></p>
				</td>
				<td valign="top" style="width:219.60pt;padding:0pt 6.5pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">/s/</font><font style="display: inline;font-size:11pt;">Matthijs Bogers</font></p>
				</td>
			</tr>
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				<td valign="top" style="width:28.80pt;padding:0pt 6.5pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:219.60pt;border-top:1pt solid #000000 ;padding:0pt 6.5pt;">
					<p style="margin:2pt 0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Name:</font><font style="display: inline;font-size:11pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:11pt;">Matthijs Bogers</font></p>
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				<td valign="top" style="width:28.80pt;padding:0pt 6.5pt;">
					<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">&nbsp;</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Title:</font><font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;Manager</font></p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>vgz-20140204ex991ad2cf8.htm
<DESCRIPTION>EX-99.1
<TEXT>
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			vgz - 2014.2.4 - Los Cardones Transfer Agreement EX 99.1
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			<a name="_GoBack"></a><font style="display: inline;font-family:Times New Roman;font-weight:bold;">EXHIBIT 99.1</font>
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						<font style="display: inline;font-size:10pt;">7961 Shaffer Parkway </font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Suite 5</font></p>
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						<font style="display: inline;font-size:10pt;">Littleton, CO&nbsp;&nbsp;80127</font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Phone:&nbsp;&nbsp;720-981-1185</font></p>
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						<font style="display: inline;font-size:10pt;">Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720-981-1186</font></p>
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						<font style="display: inline;font-size:10pt;">Trading Symbol:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">VGZ </font></p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">Toronto and NYSE MKT Stock Exchanges</font></p>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;">________________ NEWS_________________</font>
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			<font style="display: inline;font-family:Cambria;font-size:12pt;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">VISTA GOLD CORP. </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">GRANTS PURCHASERS A </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">SIX MONTH </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">EXTENSION</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">F</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">OR</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">FINAL PAYMENT FOR </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">THE </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">LOS CARDONES PROJECT </font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">Denver, Colorado, </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">January </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">30</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">, 201</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">4</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;"> - </font><font style="display: inline;font-family:Times New Roman;">Vista Gold Corp. (&#x201C;Vista&#x201D; or the &#x201C;Company&#x201D;) (NYSE MKT and TSX: VGZ) today </font><font style="display: inline;font-family:Times New Roman;">announced that it has </font><font style="display: inline;font-family:Times New Roman;">agreed to extend the due date for the second (and final) US$6.0 million payment </font><font style="display: inline;font-family:Times New Roman;">for the Los Cardones gold project in Baja California Sur, </font><font style="display: inline;font-family:Times New Roman;">Mexico </font><font style="display: inline;font-family:Times New Roman;">by six months to July 31, 2014.&nbsp;&nbsp; </font>
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			<font style="display: inline;font-family:Times New Roman;">On October 18, 2013, we announced the closing of </font><font style="display: inline;font-family:Times New Roman;">sale of </font><font style="display: inline;font-family:Times New Roman;">the Los Cardones gold project in Baja California Sur, Mexico, to the Invecture Group ("Invecture")</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">and RPG Structured Finance S.&#xE0;</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;">r.l</font><font style="display: inline;font-family:Times New Roman;">.</font><font style="display: inline;font-family:Times New Roman;"> (together with Invectu</font><font style="display: inline;font-family:Times New Roman;">re</font><font style="display: inline;font-family:Times New Roman;"> (the </font><font style="display: inline;font-family:Times New Roman;">"</font><font style="display: inline;font-family:Times New Roman;">Purchasers</font><font style="display: inline;font-family:Times New Roman;">"</font><font style="display: inline;font-family:Times New Roman;">))</font><font style="display: inline;font-family:Times New Roman;"> for US$13</font><font style="display: inline;font-family:Times New Roman;">.0</font><font style="display: inline;font-family:Times New Roman;"> million.</font><font style="display: inline;font-family:Times New Roman;"> Terms of the sale include </font><font style="display: inline;font-family:Times New Roman;">US$7</font><font style="display: inline;font-family:Times New Roman;">.0</font><font style="display: inline;font-family:Times New Roman;"> million paid </font><font style="display: inline;font-family:Times New Roman;">at closing </font><font style="display: inline;font-family:Times New Roman;">and </font><font style="display: inline;font-family:Times New Roman;">a</font><font style="display: inline;font-family:Times New Roman;">n optional</font><font style="display: inline;font-family:Times New Roman;"> second </font><font style="display: inline;font-family:Times New Roman;">payment of </font><font style="display: inline;font-family:Times New Roman;">US$6</font><font style="display: inline;font-family:Times New Roman;">.0</font><font style="display: inline;font-family:Times New Roman;"> million due by January 30, 2014.&nbsp;&nbsp;The Purchasers have the option to elect, in their discretion, not to make the second payment of US$6</font><font style="display: inline;font-family:Times New Roman;">.0</font><font style="display: inline;font-family:Times New Roman;"> million, in which case</font><font style="display: inline;font-family:Times New Roman;"> Vista </font><font style="display: inline;font-family:Times New Roman;">would </font><font style="display: inline;font-family:Times New Roman;">retain the US$7</font><font style="display: inline;font-family:Times New Roman;">.0</font><font style="display: inline;font-family:Times New Roman;"> million already paid and the project. As a result of </font><font style="display: inline;font-family:Times New Roman;">permitting delays</font><font style="display: inline;font-family:Times New Roman;">,</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">Vista</font><font style="display: inline;font-family:Times New Roman;"> and the Purchasers have </font><font style="display: inline;font-family:Times New Roman;">today </font><font style="display: inline;font-family:Times New Roman;">agreed to extend </font><font style="display: inline;font-family:Times New Roman;">the </font><font style="display: inline;font-family:Times New Roman;">due date of the </font><font style="display: inline;font-family:Times New Roman;">US$</font><font style="display: inline;font-family:Times New Roman;">6.0</font><font style="display: inline;font-family:Times New Roman;"> million </font><font style="display: inline;font-family:Times New Roman;">payment to July 31, 2014.&nbsp;&nbsp;As consideration for this extension, the Purchasers have agreed to increase th</font><font style="display: inline;font-family:Times New Roman;">e second</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">payment </font><font style="display: inline;font-family:Times New Roman;">from </font><font style="display: inline;font-family:Times New Roman;">US</font><font style="display: inline;font-family:Times New Roman;">$6.0 million to </font><font style="display: inline;font-family:Times New Roman;">US</font><font style="display: inline;font-family:Times New Roman;">$6.25 million. The Purchasers will continue to retain the option to elect, in their discretion, not to make this second payment of US$6.25 million, in which case Vista will retain the US$7</font><font style="display: inline;font-family:Times New Roman;">.0</font><font style="display: inline;font-family:Times New Roman;"> million already paid and the project</font><font style="display: inline;font-family:Times New Roman;">.</font>
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			<font style="display: inline;font-family:Times New Roman;">Vista's President and CEO, Fred Earnest, stated, "</font><font style="display: inline;font-family:Times New Roman;">W</font><font style="display: inline;font-family:Times New Roman;">e are satisfied that Invecture remains committed to advancing the Los Cardones gold project and continu</font><font style="display: inline;font-family:Times New Roman;">es</font><font style="display: inline;font-family:Times New Roman;"> to expend the human and financial resources needed to obtain the permits for the project.</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">We believe that our current cash position will be sufficient to fund the Company into the third quarter of 2014.</font><font style="display: inline;font-family:Times New Roman;">"</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">About Vista Gold Corp.</font>
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			<font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;">Vista</font><font style="display: inline;font-family:Times New Roman;">&#x2019;</font><font style="display: inline;font-family:Times New Roman;">s principal assets include its flagship Mt. Todd gold project in Northern Territory</font><font style="display: inline;font-family:Times New Roman;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;">Australia</font><font style="display: inline;font-family:Times New Roman;">, and a 24.9% holding in Midas Gold Corp. In addition to non-core projects in </font><font style="display: inline;font-family:Times New Roman;">Mexico</font><font style="display: inline;font-family:Times New Roman;"> and </font><font style="display: inline;font-family:Times New Roman;">California</font><font style="display: inline;font-family:Times New Roman;">, Vista holds royalty </font><font style="display: inline;font-family:Times New Roman;">interest</font><font style="display: inline;font-family:Times New Roman;">s</font><font style="display: inline;font-family:Times New Roman;"> in project</font><font style="display: inline;font-family:Times New Roman;">s</font><font style="display: inline;font-family:Times New Roman;"> in Bolivia</font><font style="display: inline;font-family:Times New Roman;"> and Indonesia</font><font style="display: inline;font-family:Times New Roman;">. For more information about our projects, including technical studies and resource estimates, please visit our website at </font><font style="display: inline;font-family:Times New Roman;">www.vistagold.com</font><font style="display: inline;font-family:Times New Roman;">.</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">&nbsp;</font>
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			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">Forward Looking Statements </font>
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			<font style="display: inline;font-family:Times New Roman;font-size:9pt;">This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Vista expects or anticipates will or may occur in the future, including such things as, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">completion of the sale of the Los Cardones gold </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">p</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">roject</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> and </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">receipt of the Purchasers&#x2019; second </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">payment</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">sufficiency of current cash for Vista operations into the third quarter of 2014, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">and </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">other such matters are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following:</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><a name="_DV_M1"></a><font style="display: inline;font-family:Times New Roman;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">mineral reserve estimates, terms and conditions of our agreements with contractors and our approved business plan</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">s</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">,</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> management&#x2019;s assessment of potential transactions and strategic options,</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> and</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> the Company&#x2019;s ability to cut costs and improve liquidity</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">.&nbsp;&nbsp;When used in this press release, the words &#x201C;optimistic,&#x201D; &#x201C;potential,&#x201D; &#x201C;indicate,&#x201D; &#x201C;expect,&#x201D; &#x201C;intend,&#x201D;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> &#x201C;plans,&#x201D;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> &#x201C;hopes,&#x201D; &#x201C;believe,&#x201D; &#x201C;may,&#x201D; &#x201C;will,&#x201D; &#x201C;if,&#x201D; &#x201C;anticipate,&#x201D; and similar expressions are </font>
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		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;;font-size: 9pt"><font style="display: inline;font-family:Times New Roman;font-size:9pt;">intended to identify forward-looking statements and forward-looking information.&nbsp;&nbsp;These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vista to be materially different from any future results, performance or achievements expressed or implied by such statements.&nbsp;&nbsp;Such factors include, among others, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">reliance on Invecture to complete its obligations&nbsp;&nbsp;under its agreements with Vista, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">risks and uncertainty regarding the permitting process </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">and timing </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">at the Los Cardones project</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">uncertainty of resource </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">and reserve </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">estimates, estimates of results based on such resource </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">and reserve </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">estimates; risks relating to cost increases for capital and operating costs;&nbsp;&nbsp;risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on Vista&#x2019;s operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">risks related to future liquidity and Vista&#x2019;s ability to obtain adequate financings on acceptable terms, </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">as well as those factors discussed under the headings &#x201C;Note Regarding Forward-Looking Statements&#x201D; and &#x201C;Risk Factors&#x201D; in Vista&#x2019;s </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">Annual Report</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> Form 10-K as filed on </font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">March 14, 2013</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.&nbsp;&nbsp;Although Vista has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.&nbsp;&nbsp;Except as required by law, Vista assumes no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.</font>
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			<a name="_DV_M0"></a><font style="display: inline;font-family:Times New Roman;">For further information, please contact Connie Martinez at (720) 981-1185, or visit the Company&#x2019;s website at </font><font style="display: inline;font-family:Times New Roman;">www.vistagold.com</font><font style="display: inline;font-family:Times New Roman;text-decoration:underline;">.</font>
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