<SEC-DOCUMENT>0000783324-15-000032.txt : 20150512
<SEC-HEADER>0000783324-15-000032.hdr.sgml : 20150512
<ACCEPTANCE-DATETIME>20150512162117
ACCESSION NUMBER:		0000783324-15-000032
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150512
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150512
DATE AS OF CHANGE:		20150512

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:		15854720

	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-20150512x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			vgz - 20150512 - Comp Plans 8K
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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;">March </font><font style="display: inline;font-weight:bold;font-size:10pt;">6</font><font style="display: inline;font-weight:bold;font-size:10pt;">, 201</font><font style="display: inline;font-weight:bold;font-size:10pt;">5</font>
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			<font style="display: inline;font-size:10pt;">(Date of earliest event reported)</font>
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		<p style="margin:5pt 0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 13pt">
			<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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		<p style="margin:0pt;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Item </font><font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">5.02</font><font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers</font>
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			<font style="display: inline;font-style:italic;color:#000000;font-size:10pt;">&nbsp;</font>
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			<font style="display: inline;color:#000000;font-size:10pt;">On May 6, 2015, the shareholders of Vista Gold Corp. (the &#x201C;</font><font style="display: inline;color:#000000;font-size:10pt;">Corporation&#x201D;</font><font style="display: inline;color:#000000;font-size:10pt;">), adopted amendments to the </font><font style="display: inline;color:#000000;font-size:10pt;">Corporation</font><font style="display: inline;color:#000000;font-size:10pt;">&#x2019;s </font><font style="display: inline;color:#000000;font-size:10pt;">Stock Option Plan (&#x201C;Stock Option Plan&#x201D;) and Long Term Equity Incentive Plan (&#x201C;LTIP&#x201D;) in which the Corporation&#x2019;s executive officers and directors are participants.&nbsp; </font>
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			<font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Stock Option Plan Amendments</font>
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		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">The material amendments to the terms of the Stock Option Plan are as follows:</font>
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			<font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10pt;">Delegation to a Board Committee </font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C142"></a><font style="display: inline;font-size:10pt;">To enhance efficiency in the administration of the Stock Option Plan, the Corporation </font><font style="display: inline;font-size:10pt;">amended</font><font style="display: inline;font-size:10pt;"> the Stock Option Plan to permit the Board of Directors to delegate the administration of the Stock Option Plan to a committee of the Board of Directors. </font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C143"></a><font style="display: inline;font-style:italic;font-size:10pt;">Limiting Participation</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C144"></a><font style="display: inline;font-size:10pt;">The Corporation amend</font><font style="display: inline;font-size:10pt;">ed</font><font style="display: inline;font-size:10pt;"> the Stock Option Plan to impose the following limits: </font>
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		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C145"></a><font style="display: inline;font-size:10pt;">(a)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">the number of </font><font style="display: inline;font-size:10pt;">c</font><font style="display: inline;font-size:10pt;">ommon </font><font style="display: inline;font-size:10pt;">s</font><font style="display: inline;font-size:10pt;">hares</font><font style="display: inline;font-size:10pt;"> of the Corporation (&#x201C;Common Shares&#x201D;)</font><font style="display: inline;font-size:10pt;"> issuable to participants that are non-employee directors of the Corporation shall not exceed the lesser of (i) 1% of the issued and outstanding Common Shares, and (ii) an annual value of $150,000 per non-employee director participant; and </font>
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		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C146"></a><font style="display: inline;font-size:10pt;">(b)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">the number of Common Shares issuable to any participant within one calendar year period shall not exceed 3,000,000 Common Shares in the aggregate. </font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C147"></a><font style="display: inline;font-style:italic;font-size:10pt;">Clarify 10% Rolling Plan</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C148"></a><font style="display: inline;font-size:10pt;">The Corporation amend</font><font style="display: inline;font-size:10pt;">ed</font><font style="display: inline;font-size:10pt;"> the Stock Option Plan to clarify how the number of Common Shares that are available to be made the subject of options is determined.&nbsp;&nbsp;The amended plan clarifies that if options granted to an individual under the Plan expire or terminate for any reason without having been exercised in respect of certain Common Shares, such Common Shares shall again be available to be made the subject of a new option.&nbsp;&nbsp;In addition, the amended Stock Option Plan clarifies that upon the partial or full exercise of an option, the number of Common Shares issued upon such exercise shall become available to be made the subject of new options. </font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C149"></a><font style="display: inline;font-style:italic;font-size:10pt;">Amendments to the Amending Provisions of the Stock Option Plan</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C150"></a><font style="display: inline;font-size:10pt;">The </font><font style="display: inline;font-size:10pt;">prior</font><font style="display: inline;font-size:10pt;"> Stock Option Plan require</font><font style="display: inline;font-size:10pt;">d</font><font style="display: inline;font-size:10pt;"> shareholder approval for certain amendments to the Stock Option Plan.&nbsp;&nbsp;The </font><font style="display: inline;font-size:10pt;">Stock Option Plan was amended to </font><font style="display: inline;font-size:10pt;">expand the enumerated list of the types of amendments that require shareholder approval to include: </font>
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		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C151"></a><font style="display: inline;font-size:10pt;">(a)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">any extension of the term of any options that have been granted to participants that are not insiders, subject to certain exceptions set forth in the Stock Option Plan; </font>
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		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C152"></a><font style="display: inline;font-size:10pt;">(b)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">amendments to the Stock Option Plan that would increase the number of Common Shares issuable to non-employee director participants under the Stock Option Plan; and </font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C153"></a><font style="display: inline;font-size:10pt;">(c)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">amendments to the Stock Option Plan that would permit options to be transferable or assignable other than in certain circumstances set forth in the Stock Option Plan. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C154"></a><font style="display: inline;font-style:italic;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">

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

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-style:italic;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10pt;">Withholding Taxes</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C155"></a><font style="display: inline;font-size:10pt;">The Stock Option Plan </font><font style="display: inline;font-size:10pt;">did not previousl</font><font style="display: inline;font-size:10pt;">y</font><font style="display: inline;font-size:10pt;"> have comprehensive provisions regarding withholding taxes. </font><font style="display: inline;font-size:10pt;">T</font><font style="display: inline;font-size:10pt;">he Stock Option Plan </font><font style="display: inline;font-size:10pt;">was amended </font><font style="display: inline;font-size:10pt;">to assist the Corporation in satisfying applicable tax withholding obligations.&nbsp;&nbsp;Specifically, the </font><font style="display: inline;font-size:10pt;">a</font><font style="display: inline;font-size:10pt;">mendments will require each participant to (a) agree to make adequate provision for any withholding obligations that arise in connection with an award, (b) authorize the Corporation to satisfy any such withholding obligation by withholding amounts otherwise payable to the participant, and (c) indemnify the Corporation from any loss in connection with satisfying such withholding obligation. </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">LTIP Amendments</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C160"></a><font style="display: inline;font-style:italic;font-size:10pt;">Update Non-Employee Director Participation Limits</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C161"></a><font style="display: inline;font-size:10pt;">I</font><font style="display: inline;font-size:10pt;">n the amended </font><font style="display: inline;font-size:10pt;">LTIP</font><font style="display: inline;font-size:10pt;">, the maximum annual award value per director participant has been increased to $150,000. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C162"></a><font style="display: inline;font-style:italic;font-size:10pt;">Clarify 10% Rolling Plan</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C163"></a><font style="display: inline;font-size:10pt;">The LTIP was amended</font><font style="display: inline;font-size:10pt;"> to clarify how the number of Common Shares that are available to be made the subject of awards under the LTIP is determined.&nbsp;&nbsp;The amended </font><font style="display: inline;font-size:10pt;">LTIP</font><font style="display: inline;font-size:10pt;"> clarifies that for purposes of computing the total number of Common Shares available for grant under the LTIP, Common Shares that were the subject of or issuable pursuant to any award (or any portion thereof) that has vested or expired or has been forfeited, surrendered, cancelled or otherwise terminated shall again be available for grant under the LTIP. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C164"></a><font style="display: inline;font-style:italic;font-size:10pt;">Compliance with Section 162(m) of the Code</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C165"></a><font style="display: inline;font-size:10pt;">The Corporation amend</font><font style="display: inline;font-size:10pt;">ed</font><font style="display: inline;font-size:10pt;"> the LTIP to ensure compliance with Section 162(m) of the U.S. Internal Revenue Code of 1986.&nbsp;&nbsp;These amendments include, among other things, limiting a participant from receiving performance awards for more than 3,000,000 Common Shares in the aggregate in any calendar year. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Further the shareholders specifically approved performance goals for Section 162(m) under the LTIP. </font><font style="display: inline;font-size:10pt;">The Performance Goals may be based on the achievement of one or more of the following criteria: (i) earnings, including operating income, earnings before or after taxes, earnings before or after interest, depreciation, amortization, or extraordinary or special items or book value per share (which may exclude nonrecurring items); (ii) pre-tax income or after-tax income; (iii) earnings per Common Share (basic or diluted); (iv) operating profit; (v) revenue, revenue growth or rate of revenue growth; (vi) return on assets (gross or net), return on investment, return on capital, or return on equity; (vii) returns on sales or revenues; (viii) operating expenses; (ix) stock price appreciation; (x) cash flow, free cash flow, cash flow return on investment (discounted or otherwise), net cash provided by operations, or cash flow in excess of cost of capital; (xi) implementation or completion of critical projects or processes; (xii) economic value created; (xiii) cumulative earnings per share growth; (xiv) operating margin or profit margin; (xv) Common Share price or total shareholder return; (xvi) cost targets, reductions and savings, productivity and efficiencies; (xvii) strategic business criteria, consisting of one or more objectives based on meeting specified geographic business expansion, employee satisfaction, human resources management, supervision of litigation, information technology, and goals relating to acquisitions, divestitures, joint ventures and similar transactions, and budget comparisons; (xviii) personal professional objectives, including any of the foregoing performance goals, the implementation of policies and plans, the negotiation of transactions, the development of long term business goals, formation of joint ventures, research or development collaborations, and the completion of other corporate transactions; and (xix) any combination of, or a specified increase in, any of the foregoing criteria.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C166"></a><font style="display: inline;font-style:italic;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">

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

			&nbsp;

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

			&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>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-style:italic;font-size:10pt;">Withholding Taxes</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;vertical-align:baseline;font-family:Times New Roman;font-size: 10pt">
			<a name="_DV_C167"></a><font style="display: inline;font-size:10pt;">The </font><font style="display: inline;font-size:10pt;">LTIP</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">did not previousl</font><font style="display: inline;font-size:10pt;">y</font><font style="display: inline;font-size:10pt;"> have comprehensive provisions regarding withholding taxes. </font><font style="display: inline;font-size:10pt;">T</font><font style="display: inline;font-size:10pt;">he </font><font style="display: inline;font-size:10pt;">LTIP</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">was amended </font><font style="display: inline;font-size:10pt;">to assist the Corporation in satisfying applicable tax withholding obligations.&nbsp;&nbsp;Specifically, </font><font style="display: inline;font-size:10pt;">t</font><font style="display: inline;font-size:10pt;">he</font><font style="display: inline;font-size:10pt;"> amendments </font><font style="display: inline;font-size:10pt;">to the LTIP</font><font style="display: inline;font-size:10pt;"> require each participant to (a) agree to make adequate provision for any withholding obligations that arise in connection with an award, (b) authorize the Corporation to satisfy any such withholding obligation by withholding amounts otherwise payable to the participant, and (c) indemnify the Corporation from any loss in connection with satisfying such withholding obligation. </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 </font><font style="display: inline;font-weight:bold;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;">Financial Statements and 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-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;">(d) 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-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;">Exhibit No.</font><font style="display: inline;font-weight:bold;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-weight:bold;font-size:10pt;">Description</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 0pt 0pt 72pt;text-indent: -72pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">10</font><font style="display: inline;font-size:10pt;">.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 66pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">Amended Stock Option Plan, previously filed as Appendix F to the Corporation&#x2019;s Definitive Proxy Statement as filed with the Commission on March 20, 2015</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -72pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">10</font><font style="display: inline;font-size:10pt;">.</font><font style="display: inline;font-size:10pt;">2</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 66pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">Amended LTIP, previously filed as Appendix E to the Corporation&#x2019;s Definitive Proxy Statement as filed with the Commission on March 20, 2015 </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;">May 12</font><font style="display: inline;font-size:10pt;">, 201</font><font style="display: inline;font-size:10pt;">5</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;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&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-weight:bold;font-size:10pt;">EXHIBIT INDEX</font>
		</p>
		<p style="margin:0pt;text-align:center;border-top:1pt none #D9D9D9 ;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-weight:bold;font-size:10pt;">Exhibit No.</font><font style="display: inline;font-weight:bold;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-weight:bold;font-size:10pt;">Description</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 0pt 0pt 72pt;text-indent: -72pt;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 60pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Amended Stock Option Plan, previously filed as Appendix F to the Corporation&#x2019;s Definitive Proxy Statement as filed with the Commission on March 20, 2015</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -72pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">10.2</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 60pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Amended LTIP, previously filed as Appendix E to the Corporation&#x2019;s Definitive Proxy Statement as filed with the Commission on March 20, 2015 </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>
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