<SEC-DOCUMENT>0000783324-14-000059.txt : 20140731
<SEC-HEADER>0000783324-14-000059.hdr.sgml : 20140731
<ACCEPTANCE-DATETIME>20140731152047
ACCESSION NUMBER:		0000783324-14-000059
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20140731
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20140731
DATE AS OF CHANGE:		20140731

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:		141005998

	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-20140731x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			1ec59d60b8e741b
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			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:10pt;">U</font><font style="display: inline;font-weight:bold;font-size:10pt;">NITED 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;">July 28</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>
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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 </font><font style="display: inline;font-size:10pt;">July </font><font style="display: inline;font-size:10pt;">25</font><font style="display: inline;font-size:10pt;">, 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 amending</font><font style="display: inline;font-size:10pt;"> agreement (the &#x201C;</font><font style="display: inline;font-size:10pt;">Second </font><font style="display: inline;font-size:10pt;">Amend</font><font style="display: inline;font-size:10pt;">ing</font><font style="display: inline;font-size:10pt;"> Agreement&#x201D;) to its previously announced</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">amending agreement made on January 30, 2014 and extended to July 31, 2014 (the &#x201C;First Amend</font><font style="display: inline;font-size:10pt;">ing</font><font style="display: inline;font-size:10pt;"> Agreement&#x201D;) together with </font><font style="display: inline;font-size:10pt;">the</font><font style="display: inline;font-size:10pt;">&nbsp;</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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		<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 </font><font style="display: inline;font-size:10pt;">First </font><font style="display: inline;font-size:10pt;">Amend</font><font style="display: inline;font-size:10pt;">ing</font><font style="display: inline;font-size:10pt;"> Agreement</font><font style="display: inline;font-size:10pt;"> postpone</font><font style="display: inline;font-size:10pt;">d</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$6.0 million payment </font><font style="display: inline;font-size:10pt;">(the &#x201C;Subsequent Payment&#x201D;) </font><font style="display: inline;font-size:10pt;">by the Purchaser to Vista from </font><font style="display: inline;font-size:10pt;">January 30</font><font style="display: inline;font-size:10pt;">, 2014</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">to </font><font style="display: inline;font-size:10pt;"> July 31, 2014</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">in </font><font style="display: inline;font-size:10pt;">consideration for payment by the Purchaser to Vista of an additional US$</font><font style="display: inline;font-size:10pt;">0.25 million</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">due </font><font style="display: inline;font-size:10pt;">on the extended payment deadline date</font><font style="display: inline;font-size:10pt;"> (the &#x201C;First Extension Consideration&#x201D;)</font><font style="display: inline;font-size:10pt;">.</font><font style="display: inline;font-size:10pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:10pt;"> &nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;">Vista and the Purchaser have agreed to </font><font style="display: inline;font-size:10pt;">an additional six month extension of the due date of the Subsequent Payment to January 30, 2015 (the &#x201C;Second Extension&#x201D;).&nbsp; </font><font style="display: inline;font-size:10pt;">The Purchaser will pay Vista US$0.25 million as consideration for the Second Extension (the &#x201C;Second Extension Consideration&#x201D;).&nbsp;&nbsp;Vista expects to receive US$0.5 million (comprising the First Extension Consideration and the Second Extension Consideration) by July 31, 2014.</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 </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;">&nbsp;</font>
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		<p style="margin:0pt 0pt 12pt 36pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Concurrently with the execution of this Second Amending Agreement, the Purchaser shall wire to Vista funds in the amount of US$500,000 (such payment being the First Extension Consideration and the Second Extension Consideration) in accordance with the wire instructions set out in Schedule &#x201C;A&#x201D;.</font>
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		<p style="margin:0pt 0pt 12pt 36pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Recital B of the </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Original </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Agreement is amended so that the reference to &#x201C;July 31, 2014&#x201D; is deleted and &#x201C;January 30, 2015&#x201D; is substituted in its place.</font>
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		<p style="margin:0pt 0pt 12pt 36pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">The definition of &#x201C;Subsequent Payment Date&#x201D; in Section 1.1 of the </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Original </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Agreement is amended so that the reference to &#x201C;July 31, 2014&#x201D; is deleted and &#x201C;January 30, 2015&#x201D; is substituted in its place.</font>
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		<p style="margin:0pt 0pt 12pt 36pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Section 2.2(b) of the </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Original </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Agreement is amended so that the reference to &#x201C;plus US$250,000&#x201D; is deleted.</font>
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		<p style="margin:0pt 0pt 12pt 36pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Section 5.1(a) of the </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Original </font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Agreement is amended so that the reference to &#x201C;July 31, 2014&#x201D; is deleted and &#x201C;January 30, 2015&#x201D; is substituted in its place.</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 </font><font style="display: inline;font-size:10pt;">Second </font><font style="display: inline;font-size:10pt;">Amend</font><font style="display: inline;font-size:10pt;">ing</font><font style="display: inline;font-size:10pt;"> Agreement are qualified in their entirety by the </font><font style="display: inline;font-size:10pt;">Second </font><font style="display: inline;font-size:10pt;">Amend</font><font style="display: inline;font-size:10pt;">ing</font><font style="display: inline;font-size:10pt;"> Agreement attached hereto as Exhibit 10.1</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;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;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;">Item 7.01&nbsp;&nbsp;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:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">On </font><font style="display: inline;font-size:10pt;">July 28</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</font><font style="display: inline;font-size:10pt;"> an additional</font><font style="display: inline;font-size:10pt;"> six months to </font><font style="display: inline;font-size:10pt;">January 30</font><font style="display: inline;font-size:10pt;">, 201</font><font style="display: inline;font-size:10pt;">5</font><font style="display: inline;font-size:10pt;">.</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>
		</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;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">

		</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;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;"></font><font style="display: inline;font-size:10pt;">Second </font><font style="display: inline;font-size:10pt;">Amend</font><font style="display: inline;font-size:10pt;">ing</font><font style="display: inline;font-size:10pt;"> 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;">July 28</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">
			<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;">July</font><font style="display: inline;font-size:10pt;"> 31</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;

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>vgz-20140731ex1017df22e.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!--HTML document created with Rivet Software Powered by Crossfire-->
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		<title>
			vgz - 2014.7.31 - LC 2nd Extend EX 10.1
		</title>
	</head>
	<body><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt 0pt 12pt;text-align:right;line-height:100%;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 9pt">
			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:9pt;">Exhibit 10.1</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:center;line-height:100%;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">SECOND </font><font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">AMENDING AGREEMENT</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:left;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:left;line-height:100%;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;">25</font><font style="display: inline;font-size:11pt;"> of</font><font style="display: inline;font-size:11pt;"> July, 2014.</font><font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:left;line-height:100%;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">BETWEEN:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;line-height:100%;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;">Vista Gold Corp., </font><font style="display: inline;font-size:11pt;">a corporation existing under the laws of British Columbia, Canada</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;line-height:100%;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>
		</p>
		<p style="margin:0pt 0pt 12pt;line-height:100%;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;">AND</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;line-height:100%;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;">RPG Structured Finance S.</font><font style="display: inline;font-weight:bold;font-size:11pt;">&#xC0;</font><font style="display: inline;font-weight:bold;font-size:11pt;">. &nbsp;</font><font style="display: inline;font-weight:bold;font-size:11pt;">R</font><font style="display: inline;font-weight:bold;font-size:11pt;">.</font><font style="display: inline;font-weight:bold;font-size:11pt;">L</font><font style="display: inline;font-weight:bold;font-size:11pt;">., </font><font style="display: inline;font-size:11pt;">a company existing under the laws of Luxembourg</font>
		</p>
		<p style="margin:0pt 0pt 12pt 108pt;text-indent: -36pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">Purchaser</font><font style="display: inline;font-size:11pt;">&#x201D;)</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;line-height:100%;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;">WHEREAS:</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 22.00pt; display: inline;">
			<p style="border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> A.</font>
			</p>
		</td><td style="width:18pt;"><p style="width:18pt;width:18pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">Vista and the Purchaser (together 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 debt transfer agreement made as of October 16, 2013 (the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">Original Agreement</font><font style="display: inline;font-size:11pt;">&#x201D;) which, among other things, provides for the acquisition by the Purchaser of the non-interest bearing indebtedness of Desarrollos Zapal, S.A. de C.V. to Vista in </font><font style="display: inline;font-size:11pt;">the amount of US$20,090,528.43;</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 22.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> B.</font>
			</p>
		</td><td style="width:18pt;"><p style="width:18pt;width:18pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">On January 30, 2014, Vista and the Purchaser entered into an amending agreement (the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">First Amending Agreement</font><font style="display: inline;font-size:11pt;">&#x201D;, together with the Original Agreement, the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">Agreement</font><font style="display: inline;font-size:11pt;">&#x201D;) pursuant to which (i) the Subsequent Payment Date (as defined in the Original Agreement) was extended from January 30, 2014 to July 31, 2014 and (ii) the consideration to be paid was increased by US$250,000 as consideration for the extension (the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">First Extension Consideration</font><font style="display: inline;font-size:11pt;">&#x201D;); </font><font style="display: inline;font-size:11pt;">and</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 22.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> C.</font>
			</p>
		</td><td style="width:18pt;"><p style="width:18pt;width:18pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">the Parties wish </font><font style="display: inline;font-size:11pt;">to </font><font style="display: inline;font-size:11pt;">amend the the Agreement to (i) extend the Subsequent Payment Date to January 30, 2015 and (ii) provide for the payment of the First Extension </font><font style="display: inline;font-size:11pt;">Consideration</font><font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;">and an additional US$250,000 (as consideration for entering into this Second Amending Agreement) (the &#x201C;</font><font style="display: inline;font-weight:bold;font-size:11pt;">Second Extension Consideration</font><font style="display: inline;font-size:11pt;">&#x201D;) contemporaneously with the execution of this Second Amending Agreement</font><font style="display: inline;font-size:11pt;">. &nbsp;</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 12pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">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 acknowledge, the Parties agree as follows:</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 1.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">Concurrently with the execution of this Second Amending Agreement, the Purchaser shall wire to Vista funds in the amount of US$500,000 (such payment being the First Extension Consideration and the Second Extension Consideration) in accordance with the wire instructions set out in Schedule &#x201C;A&#x201D;.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 2.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">Recital B of the Agreement is amended so that the reference to &#x201C;July 31, 2014&#x201D; is deleted and &#x201C;January 30, 2015&#x201D; is substituted in its place.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 3.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">The definition of &#x201C;Subsequent Payment Date&#x201D; in Section 1.1 of the Agreement is amended so that the reference to &#x201C;July 31, 2014&#x201D; is deleted and &#x201C;January 30, 2015&#x201D; is substituted in its place.</font></p></td></tr></table></div>
		<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>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 4.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">Section 2.2(b) of the Agreement is amended so that the reference to &#x201C;plus US$250,000&#x201D; is deleted.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 5.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">Section 5.1(a) of the Agreement is amended so that the reference to &#x201C;July 31, 2014&#x201D; is deleted and &#x201C;January 30, 2015&#x201D; is substituted in its place.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 6.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">The Agreement, as amended hereby, shall continue in full force and effect and the provisions of the Agreement, as hereby amended, are ratified and confirmed in all respects.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;border-bottom:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 7.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">This </font><font style="display: inline;font-size:11pt;">Second Amending </font><font style="display: inline;font-size:11pt;">Agreement and the Agreement shall be read and construed together as if they constituted one document, provided that if there is any inconsistency between the Agreement and the provisions in this </font><font style="display: inline;font-size:11pt;">Second Amending </font><font style="display: inline;font-size:11pt;">Agreement, the provisions of this </font><font style="display: inline;font-size:11pt;">Second Amending </font><font style="display: inline;font-size:11pt;">Agreement shall govern.</font></p></td></tr></table></div>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 19.00pt; display: inline;">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
				<font style="margin:0pt 0pt 12pt;font-weight:normal;border-top:1pt none #D9D9D9;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size:11pt;;"> 8.</font>
			</p>
		</td><td style="width:17pt;"><p style="width:17pt;width:17pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="border-top:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt;margin:0pt 0pt 12pt;">
			<font style="display: inline;font-size:11pt;">This </font><font style="display: inline;font-size:11pt;">Second Amending </font><font style="display: inline;font-size:11pt;">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</font><font style="display: inline;font-size:11pt;">.</font><font style="display: inline;font-size:11pt;"> Each counterpart will be deemed an original and all counterparts together will constitute one and the same document.</font></p></td></tr></table></div>
		<p style="margin:0pt 0pt 12pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">IN WITNESS WHEREOF the Parties hereto have caused this </font><font style="display: inline;font-size:11pt;">Second Amending </font><font style="display: inline;font-size:11pt;">Agreement to be executed by their duly authorized representatives as of the date first above written.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;">VISTA GOLD CORP. </font>
		</p>
		<p style="margin:0pt;line-height:100%;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;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">By: </font><font style="display: inline;font-size:11pt;text-decoration:underline;">/</font><font style="display: inline;font-size:11pt;text-decoration:underline;">s/ Frederick H. </font><font style="display: inline;font-size:11pt;text-decoration:underline;">Ea</font><font style="display: inline;font-size:11pt;text-decoration:underline;">rnes</font><font style="display: inline;font-size:11pt;text-decoration:underline;">t</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:249.5pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Name:</font><font style="display: inline;font-size:11pt;"> &nbsp;Frederick H. Earnest</font><font style="display: inline;font-size:11pt;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:253.5pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Title: </font><font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;President &amp; CEO</font></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></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 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:36pt;line-height:100%;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;">RPG STRUCTED FINANCE S.&#xC0;. R.L</font>
		</p>
		<p style="margin:0pt;line-height:100%;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;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:36pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">By: </font><font style="display: inline;font-size:11pt;text-decoration:underline;">/s/ Julien Francois</font><font style="display: inline;font-size:11pt;text-decoration:underline;"> &nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:242pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Name: </font><font style="display: inline;font-size:11pt;"> Julien Francois</font></font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:249pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Title: </font><font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;Manager</font></font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:115%;text-align:center;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">

		</p>
		<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 0pt 10pt;line-height:115%;text-align:center;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 11pt"><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-weight:bold;font-size:11pt;">Schedule &#x201C;A&#x201D;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;line-height:115%;text-align:center;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Wire Instructions</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0.5pt;">
			<tr>
				<td valign="top" style="width:229.50pt;background-color: #808080;padding:0pt 0.6pt 0pt 0.6pt;">
					<p style="margin:5pt 0pt;line-height:100%;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;">Routing Transit Number:</font></p>
				</td>
				<td valign="top" style="width:238.45pt;padding:0pt 0.6pt 0pt 0.6pt;">
					<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">121000248</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:229.50pt;background-color: #808080;padding:0pt 0.6pt 0pt 0.6pt;">
					<p style="margin:5pt 0pt;line-height:100%;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;">Bank Name:</font></p>
				</td>
				<td valign="top" style="width:238.45pt;padding:0pt 0.6pt 0pt 0.6pt;">
					<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Wells Fargo Bank, N.A.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:229.50pt;background-color: #808080;padding:0pt 0.6pt 0pt 0.6pt;">
					<p style="margin:5pt 0pt;line-height:100%;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;">Account Number:</font></p>
				</td>
				<td valign="top" style="width:238.45pt;padding:0pt 0.6pt 0pt 0.6pt;">
					<p style="margin:5pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;BACKGROUND-COLOR:black;font-size: 11pt">
						<font style="display: inline;font-size:11pt;background-color:black;">4977297647</font></p>
				</td>
			</tr>
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						<font style="display: inline;font-weight:bold;font-size:11pt;">Beneficiary </font><font style="display: inline;font-weight:bold;font-size:11pt;">Account Name:</font></p>
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						<font style="display: inline;font-size:11pt;">Vista Gold Corp.</font></p>
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						<font style="display: inline;font-weight:bold;font-size:11pt;">SWIFT Code</font><br /><font style="display: inline;font-weight:bold;font-size:11pt;">(For International Wires Only):</font></p>
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						<font style="display: inline;font-size:11pt;">SWIFT Code &#x2013; WFBIUS6S</font></p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>vgz-20140731ex991bb343c.htm
<DESCRIPTION>EX-99.1
<TEXT>
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			vgz - 2014.7.31 - LC 2nd Extend 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;"><img src="vgz-20140731ex991bb343cg1.jpg" style="width: 1.569444in; height: 1.011806in" alt="g115341mmi001.jpg"></font></p>
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					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<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>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<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>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<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;">__________________</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;"> NEWS _______________</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;">__</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:24pt;">&nbsp;</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 </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><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;">AND WILL RECEIVE</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;">US</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">$0.5 MILLION</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;"> CASH PAYMENT</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;">J</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">uly</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;"> 28,</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</font><font style="display: inline;font-family:Times New Roman;">,</font><font style="display: inline;font-family:Times New Roman;">&#x201D;</font><font style="display: inline;font-family:Times New Roman;"> &#x201C;we&#x201D; or &#x201C;our&#x201D;</font><font style="display: inline;font-family:Times New Roman;">) (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 J</font><font style="display: inline;font-family:Times New Roman;">anuary 30</font><font style="display: inline;font-family:Times New Roman;">, 201</font><font style="display: inline;font-family:Times New Roman;">5</font><font style="display: inline;font-family:Times New Roman;">,</font><font style="display: inline;font-family:Times New Roman;"> and will receive </font><font style="display: inline;font-family:Times New Roman;">a &nbsp;</font><font style="display: inline;font-family:Times New Roman;">US</font><font style="display: inline;font-family:Times New Roman;">$0.5 million</font><font style="display: inline;font-family:Times New Roman;"> cash payment</font><font style="display: inline;font-family:Times New Roman;">.&nbsp;&nbsp; </font>
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		<p style="margin:0pt 0pt 10pt;text-align:justify;text-justify:inter-ideograph;line-height:115%;font-family:Calibri;font-size: 11pt">
			<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 (</font><font style="display: inline;font-family:Times New Roman;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;">Invecture</font><font style="display: inline;font-family:Times New Roman;">&#x201D;</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;">and RPG Structured Finance S.&#xE0;</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</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;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;">the </font><font style="display: inline;font-family:Times New Roman;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;">Purchasers</font><font style="display: inline;font-family:Times New Roman;">&#x201D;</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;">d</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</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</font><font style="display: inline;font-family:Times New Roman;">,</font><font style="display: inline;font-family:Times New Roman;"> (the &#x201C;Subsequent Payment&#x201D;)</font><font style="display: inline;font-family:Times New Roman;">.&nbsp;&nbsp;The Purchasers have the option to elect, in their discretion, not to make the </font><font style="display: inline;font-family:Times New Roman;">Subsequent Payment</font><font style="display: inline;font-family:Times New Roman;">, 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 </font><font style="display: inline;font-family:Times New Roman;">all amounts </font><font style="display: inline;font-family:Times New Roman;">already paid and the project. </font>
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			<font style="display: inline;font-family:Times New Roman;">In January 2014, </font><font style="display: inline;font-family:Times New Roman;">Vista</font><font style="display: inline;font-family:Times New Roman;"> and the Purchasers 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;">Subsequent Payment </font><font style="display: inline;font-family:Times New Roman;">to July 31, 2014.&nbsp;&nbsp;As consideration for this extension, the Purchasers agreed to </font><font style="display: inline;font-family:Times New Roman;">pay Vista an additional </font><font style="display: inline;font-family:Times New Roman;">US</font><font style="display: inline;font-family:Times New Roman;">$0.25 million on July 31, 2014</font><font style="display: inline;font-family:Times New Roman;">,</font><font style="display: inline;font-family:Times New Roman;"> (the &#x201C;First Extension Consideration&#x201D;)</font><font style="display: inline;font-family:Times New Roman;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">As Invecture diligently continues to work through the permitting process, </font><font style="display: inline;font-family:Times New Roman;">Vista and the Purchasers have</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">agreed to </font><font style="display: inline;font-family:Times New Roman;">an </font><font style="display: inline;font-family:Times New Roman;">additional six month extension of the </font><font style="display: inline;font-family:Times New Roman;">due date of the Subsequent Payment to January 3</font><font style="display: inline;font-family:Times New Roman;">0</font><font style="display: inline;font-family:Times New Roman;">, 2015</font><font style="display: inline;font-family:Times New Roman;">, (the &#x201C;Second Extension&#x201D;)</font><font style="display: inline;font-family:Times New Roman;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;">The Purchasers will pay Vista </font><font style="display: inline;font-family:Times New Roman;">US</font><font style="display: inline;font-family:Times New Roman;">$0.25 million as consideration for th</font><font style="display: inline;font-family:Times New Roman;">e</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">S</font><font style="display: inline;font-family:Times New Roman;">econd </font><font style="display: inline;font-family:Times New Roman;">E</font><font style="display: inline;font-family:Times New Roman;">xtension (the &#x201C;Second Extension Consideration&#x201D;).&nbsp; </font><font style="display: inline;font-family:Times New Roman;">The Company expects to receive US$0.5 million (comprising </font><font style="display: inline;font-family:Times New Roman;">the First Extension Consideration and the Second Extension Consideration</font><font style="display: inline;font-family:Times New Roman;">) by July 31, 2014.</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
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		<p style="margin:0pt 0pt 10pt;text-align:justify;text-justify:inter-ideograph;line-height:115%;font-family:Calibri;font-size: 11pt">
			<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 President and CEO, Fred Earnest, stated, </font><font style="display: inline;font-family:Times New Roman;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;">W</font><font style="display: inline;font-family:Times New Roman;">e &nbsp;</font><font style="display: inline;font-family:Times New Roman;">are</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">satisfied that Invecture </font><font style="display: inline;font-family:Times New Roman;">continues to employ its resources in</font><font style="display: inline;font-family:Times New Roman;"> advancing the Los Cardones gold project and </font><font style="display: inline;font-family:Times New Roman;">is working diligently to</font><font style="display: inline;font-family:Times New Roman;"> 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;"> The </font><font style="display: inline;font-family:Times New Roman;">US</font><font style="display: inline;font-family:Times New Roman;">$0.5 million payment we will receive from </font><font style="display: inline;font-family:Times New Roman;">the Purchasers</font><font style="display: inline;font-family:Times New Roman;"> demonstrates their </font><font style="display: inline;font-family:Times New Roman;">continued commitment to the project</font><font style="display: inline;font-family:Times New Roman;">.&#x201D; </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;">V</font><font style="display: inline;font-family:Times New Roman;">ista</font><font style="display: inline;font-family:Times New Roman;">&#x2019;</font><font style="display: inline;font-family:Times New Roman;">s principal asset </font><font style="display: inline;font-family:Times New Roman;">is</font><font style="display: inline;font-family:Times New Roman;"> 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;">. We also own 11.2</font><font style="display: inline;font-family:Times New Roman;">% &nbsp;</font><font style="display: inline;font-family:Times New Roman;">of the outstanding shares of </font><font style="display: inline;font-family:Times New Roman;">Midas Gold Corp.</font><font style="display: inline;font-family:Times New Roman;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;">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;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;">and r</font><font style="display: inline;font-family:Times New Roman;">oyalty </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 </font><font style="display: inline;font-family:Times New Roman;">gold </font><font style="display: inline;font-family:Times New Roman;">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-weight:bold;">&nbsp;</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;">receipt of the US$0.5 million payment and the US$6.0 million payment in connection with</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;"> 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;">&nbsp;</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 </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;">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;">the Purchasers complying with the terms of their agreements with us, </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 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 1</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">7</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">, 201</font><font style="display: inline;font-family:Times New Roman;font-size:9pt;">4</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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