<SEC-DOCUMENT>0000783324-15-000037.txt : 20150602
<SEC-HEADER>0000783324-15-000037.hdr.sgml : 20150602
<ACCEPTANCE-DATETIME>20150602160318
ACCESSION NUMBER:		0000783324-15-000037
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20150602
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150602
DATE AS OF CHANGE:		20150602

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:		15906903

	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-20150602x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			vgz - 20150602 - Tax rebate 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;">June 1, 2015</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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			<font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;">Item 7.01&nbsp;&nbsp;Regulation FD</font>
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			<font style="display: inline;font-size:10pt;">On </font><font style="display: inline;font-size:10pt;">June 1, 2015</font><font style="display: inline;font-size:10pt;">, the Registrant issued a press release announcing</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">that it</font><font style="display: inline;font-size:10pt;"> received an A$7.5 million (approximately US$5.7 million) Research &amp; Development (&#x201C;R&amp;D&#x201D;) Tax Incentive refund related to costs it incurred in respect of the 2012 tax year.&nbsp;&nbsp;The refund was paid under the Australian Government&#x2019;s R&amp;D Tax Incentive Program, a program designed to encourage industry to engage in R&amp;D activities that benefit Australia. </font>
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			<font style="display: inline;font-size:10pt;"> A copy of the press release is attached to this report as Exhibit&nbsp;99.1. In accordance with General Instruction B.2 of Form&nbsp;8-K, the information set forth herein and in the press release is deemed to be &#x201C;furnished&#x201D; and shall not be deemed to be &#x201C;filed&#x201D; for purposes of the Securities Exchange Act of 1934, as amended and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.&nbsp;&nbsp;The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form&nbsp;8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.</font>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 9.01&nbsp;&nbsp;Exhibits</font>
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			<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;"> June 1, 2015</font><font style="display: inline;font-size:10pt;">*</font>
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			<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>
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			<font style="display: inline;font-weight:bold;font-size:10pt;">SIGNATURES</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
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			<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>
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			<font style="display: inline;font-size:10pt;">&nbsp;</font>
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						<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>
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						<font style="display: inline;font-size:10pt;">Dated:&nbsp;</font><font style="display: inline;font-size:10pt;">June</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">2</font><font style="display: inline;font-size:10pt;">, 201</font><font style="display: inline;font-size:10pt;">5</font></p>
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						<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>
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						<font style="display: inline;font-size:10pt;">John F. Engele</font></p>
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						<font style="display: inline;font-size:10pt;">Chief Financial Officer</font></p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>vgz-20150602ex991c6d614.htm
<DESCRIPTION>EX-99.1
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			Press Release - Australian RD Tax Rebate
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			<a name="_GoBack"></a><font style="display: inline;"> &nbsp; </font><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-20150602ex991c6d614g001.jpg" style="width: 1.572917in; height: 1.010417in" alt="g115341mmi001.jpg"></font></p>
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						<font style="display: inline;font-size:10pt;">7961 Shaffer Parkway </font></p>
					<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Suite 5</font></p>
					<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:Times New Roman;font-weight:bold;font-size:12pt;">Vista Gold Corp. Announces </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Receipt of </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">A</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">$</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">7.</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">5</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;">M</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">illion </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">N</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">et </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Tax </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Re</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">fund</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;">Under the Australian Government&#x2019;s </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">Resea</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">r</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">ch &amp; Development</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;"> &nbsp;I</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:12pt;">ncentive Program</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;">&nbsp;</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;">June </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">1</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;">5</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;"> - </font><font style="display: inline;font-family:Times New Roman;color:#000000;">Vista Gold Corp. (the &#x201C;Company,&#x201D; &#x201C;we&#x201D; or &#x201C;our&#x201D;) (NYSE MKT and TSX: VGZ) today announced </font><font style="display: inline;font-family:Times New Roman;color:#000000;">that it has received </font><font style="display: inline;font-family:Times New Roman;color:#000000;">an </font><font style="display: inline;font-family:Times New Roman;color:#000000;">A$</font><font style="display: inline;font-family:Times New Roman;color:#000000;">7.</font><font style="display: inline;font-family:Times New Roman;color:#000000;">5</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">million (approximately </font><font style="display: inline;font-family:Times New Roman;">US$</font><font style="display: inline;font-family:Times New Roman;">5.</font><font style="display: inline;font-family:Times New Roman;">7</font><font style="display: inline;font-family:Times New Roman;"> million) </font><font style="display: inline;font-family:Times New Roman;">R</font><font style="display: inline;font-family:Times New Roman;">esearch &amp; </font><font style="display: inline;font-family:Times New Roman;">D</font><font style="display: inline;font-family:Times New Roman;">evelopment (&#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;">R&amp;D</font><font style="display: inline;font-family:Times New Roman;">&#x201D;)</font><font style="display: inline;font-family:Times New Roman;"> Tax Incentive </font><font style="display: inline;font-family:Times New Roman;">refund</font><font style="display: inline;font-family:Times New Roman;">,</font><font style="display: inline;font-family:Times New Roman;"> net of costs to prepare and file</font><font style="display: inline;font-family:Times New Roman;">. This refund is related to </font><font style="display: inline;font-family:Times New Roman;">costs </font><font style="display: inline;font-family:Times New Roman;">we </font><font style="display: inline;font-family:Times New Roman;">incurred in </font><font style="display: inline;font-family:Times New Roman;">respect of the 2012 </font><font style="display: inline;font-family:Times New Roman;">tax year</font><font style="display: inline;font-family:Times New Roman;">.&nbsp;&nbsp;The</font><font style="display: inline;font-family:Times New Roman;"> refund </font><font style="display: inline;font-family:Times New Roman;">was paid </font><font style="display: inline;font-family:Times New Roman;">under the Australian Government&#x2019;s R&amp;D Tax Incentive Program</font><font style="display: inline;font-family:Times New Roman;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;">a program</font><font style="display: inline;font-family:Times New Roman;"> designed to e</font><font style="display: inline;font-family:Times New Roman;color:#000000;">ncourage industry to </font><font style="display: inline;font-family:Times New Roman;color:#000000;">engage in </font><font style="display: inline;font-family:Times New Roman;color:#000000;">R&amp;D </font><font style="display: inline;font-family:Times New Roman;color:#000000;">activities that benefit Australia. </font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</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;color:#000000;">Frederick H. Earnest, President and Chief Executive Off</font><font style="display: inline;font-family:Times New Roman;color:#000000;">icer, commented, &#x201C;</font><font style="display: inline;font-family:Times New Roman;color:#000000;">C</font><font style="display: inline;font-family:Times New Roman;color:#000000;">ertain investments </font><font style="display: inline;font-family:Times New Roman;color:#000000;">we </font><font style="display: inline;font-family:Times New Roman;color:#000000;">made </font><font style="display: inline;font-family:Times New Roman;color:#000000;">in 2012 </font><font style="display: inline;font-family:Times New Roman;color:#000000;">to find innovative solutions to </font><font style="display: inline;font-family:Times New Roman;color:#000000;">our </font><font style="display: inline;font-family:Times New Roman;color:#000000;">water management challenges at the Mt Todd gold project</font><font style="display: inline;font-family:Times New Roman;color:#000000;">,</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;color:#000000;">together with </font><font style="display: inline;font-family:Times New Roman;color:#000000;">studies </font><font style="display: inline;font-family:Times New Roman;color:#000000;">we </font><font style="display: inline;font-family:Times New Roman;color:#000000;">undertook </font><font style="display: inline;font-family:Times New Roman;color:#000000;">to </font><font style="display: inline;font-family:Times New Roman;color:#000000;">define</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> long-term environm</font><font style="display: inline;font-family:Times New Roman;color:#000000;">ental solutions</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> for the project</font><font style="display: inline;font-family:Times New Roman;color:#000000;">,</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;color:#000000;">h</font><font style="display: inline;font-family:Times New Roman;color:#000000;">ave </font><font style="display: inline;font-family:Times New Roman;color:#000000;">met the criteria </font><font style="display: inline;font-family:Times New Roman;color:#000000;">for a refundable tax credit </font><font style="display: inline;font-family:Times New Roman;color:#000000;">under the </font><font style="display: inline;font-family:Times New Roman;color:#000000;">Australian Government&#x2019;s </font><font style="display: inline;font-family:Times New Roman;color:#000000;">R&amp;D Tax Incentive P</font><font style="display: inline;font-family:Times New Roman;color:#000000;">rogram</font><font style="display: inline;font-family:Times New Roman;color:#000000;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;color:#000000;">Some</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> of our work has been recognized as having cost-effective industry-wide application. </font><font style="display: inline;font-family:Times New Roman;color:#000000;">We are</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;color:#000000;">p</font><font style="display: inline;font-family:Times New Roman;color:#000000;">leased with the </font><font style="display: inline;font-family:Times New Roman;color:#000000;">addition of approximately </font><font style="display: inline;font-family:Times New Roman;color:#000000;">US$</font><font style="display: inline;font-family:Times New Roman;color:#000000;">5.</font><font style="display: inline;font-family:Times New Roman;color:#000000;">7</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> million </font><font style="display: inline;font-family:Times New Roman;color:#000000;">of cash to our treasury</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> and now </font><font style="display: inline;font-family:Times New Roman;color:#000000;">we </font><font style="display: inline;font-family:Times New Roman;color:#000000;">believe we are funded well into 2017. </font><font style="display: inline;font-family:Times New Roman;color:#000000;">We remain committed to careful management of</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> our financial resources and intend to continue our practice of </font><font style="display: inline;font-family:Times New Roman;color:#000000;">strict </font><font style="display: inline;font-family:Times New Roman;color:#000000;">capital </font><font style="display: inline;font-family:Times New Roman;color:#000000;">discipline </font><font style="display: inline;font-family:Times New Roman;color:#000000;">as we evaluate potential programs </font><font style="display: inline;font-family:Times New Roman;color:#000000;">that could </font><font style="display: inline;font-family:Times New Roman;color:#000000;">better </font><font style="display: inline;font-family:Times New Roman;color:#000000;">position the Mt Todd gold project for fast-track development when economic conditions permit.&#x201D;</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&nbsp;</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;">About Vista Gold Corp.</font>
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			<font style="display: inline;font-family:Times New Roman;">Vista&#x2019;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, Australia</font><font style="display: inline;font-family:Times New Roman;">.&nbsp; </font><font style="display: inline;font-family:Times New Roman;">We</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">also </font><font style="display: inline;font-family:Times New Roman;">hold approximately</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">4.9</font><font style="display: inline;font-family:Times New Roman;">% &nbsp;</font><font style="display: inline;font-family:Times New Roman;">of the outstanding common shares of </font><font style="display: inline;font-family:Times New Roman;">Midas</font><font style="display: inline;font-family:Times New Roman;"> 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 Mexico and </font><font style="display: inline;font-family:Times New Roman;">the United States and</font><font style="display: inline;font-family:Times New Roman;"> royalty interests in projects in Bolivia and Indonesia.&nbsp; </font><font style="display: inline;font-family:Times New Roman;color:#000000;">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;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">www.vistagold.com</font><font style="display: inline;font-family:Times New Roman;color:#000000;">.</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;">For further information, please contact Connie Martinez at (720) 981-1185.</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;font-weight:bold;color:#000000;">Forward Looking Statements</font>
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			<font style="display: inline;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.&nbsp;&nbsp;All statements, other than statements of historical facts, included in this press release that address activities, events or developments that </font><a name="_DV_C81"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">we </font><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">expect</font><font style="display: inline;font-size:9pt;"> or anticipate will or may occur in the future, including such things as</font><font style="display: inline;font-size:9pt;">&nbsp;</font><font style="display: inline;font-size:9pt;">the Company being funded well into 2017; </font><font style="display: inline;font-size:9pt;">our ability to </font><font style="display: inline;font-size:9pt;">continue strict capital discipline;</font><a name="_DV_C89"></a><font style="display: inline;font-size:9pt;"> the timing and success of programs that </font><font style="display: inline;color:#000000;font-size:9pt;">could position the Mt Todd gold project for fast-track development;</font><font style="display: inline;font-size:9pt;">&nbsp;</font><font style="display: inline;font-size:9pt;">and other such matters </font><font style="display: inline;font-size:9pt;">are forward-looking statements and forward-looking information</font><font style="display: inline;font-size:9pt;">. &nbsp;</font><font style="display: inline;font-size:9pt;">The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: our approved business plans, exploration and assay results, mineral resource and reserve estimates and results of preliminary economic assessments,</font><font style="display: inline;font-size:9pt;"> pre-feasibility studies and feasibility studies on our projects, if any.&nbsp;&nbsp;When used in this press release, the words </font><a name="_DV_C95"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><a name="_DV_M95"></a><font style="display: inline;font-size:9pt;">optimistic,</font><a name="_DV_C97"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M96"></a><font style="display: inline;font-size:9pt;">potential,</font><a name="_DV_C99"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M97"></a><font style="display: inline;font-size:9pt;">indicate,</font><a name="_DV_C101"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M98"></a><font style="display: inline;font-size:9pt;">expect,</font><a name="_DV_C103"></a><font style="display: inline;font-size:9pt;">&#x201D;</font><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;"> &nbsp;&#x201C;</font><a name="_DV_M99"></a><font style="display: inline;font-size:9pt;">intend,</font><a name="_DV_C105"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M100"></a><font style="display: inline;font-size:9pt;">hopes,</font><a name="_DV_C107"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M101"></a><font style="display: inline;font-size:9pt;">believe,</font><a name="_DV_C109"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M102"></a><font style="display: inline;font-size:9pt;">may,</font><a name="_DV_C111"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M103"></a><font style="display: inline;font-size:9pt;">will,</font><a name="_DV_C113"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M104"></a><font style="display: inline;font-size:9pt;">if,</font><a name="_DV_C115"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D; &#x201C;</font><a name="_DV_M105"></a><font style="display: inline;font-size:9pt;">anticipate,</font><a name="_DV_M106"></a><font style="display: inline;font-size:9pt;">&#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 </font><a name="_DV_C119"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">the Company</font><a name="_DV_M107"></a><font style="display: inline;font-size:9pt;"> to be materially different from any future results, performance or achievements expressed or implied by such statements.&nbsp;&nbsp;Such factors include, among others, uncertainty of resource </font><a name="_DV_C120"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">and reserve </font><a name="_DV_M108"></a><font style="display: inline;font-size:9pt;">estimates, uncertainty as to the Company&#x2019;s future operating costs and ability to raise capital; </font><a name="_DV_M109"></a><font style="display: inline;font-size:9pt;">risks relating to cost increases for capital and operating costs; </font><a name="_DV_M111"></a><font style="display: inline;font-size:9pt;">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 </font><a name="_DV_C129"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">our</font><a name="_DV_M112"></a><font style="display: inline;font-size:9pt;"> 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; as well as those factors discussed under the headings </font><a name="_DV_C131"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><a name="_DV_M113"></a><font style="display: inline;font-size:9pt;">Note Regarding Forward-Looking Statements</font><a name="_DV_C133"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;</font><a name="_DV_M114"></a><font style="display: inline;font-size:9pt;"> and </font><a name="_DV_C135"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201C;</font><a name="_DV_M115"></a><font style="display: inline;font-size:9pt;">Risk Factors</font><a name="_DV_C137"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">&#x201D;</font><a name="_DV_M116"></a><font style="display: inline;font-size:9pt;"> in </font><a name="_DV_C139"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">the Company&#x2019;</font><a name="_DV_M117"></a><font style="display: inline;font-size:9pt;">s latest Annual Report on Form 10-K as filed on March </font><font style="display: inline;font-size:9pt;">3</font><font style="display: inline;font-size:9pt;">, 201</font><font style="display: inline;font-size:9pt;">5</font><font style="display: inline;font-size:9pt;">&nbsp;</font><a name="_DV_M118"></a><font style="display: inline;font-size:9pt;">and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.&nbsp;&nbsp;Although </font><a name="_DV_C143"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">we have</font><a name="_DV_M119"></a><font style="display: inline;font-size:9pt;"> attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking </font>
		</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;text-align:justify;text-justify:inter-ideograph;line-height:100%;font-family:Times New Roman;;font-size: 9pt"><font style="display: inline;font-size:9pt;">information, there may be other factors that cause results not to be as anticipated, estimated or intended.&nbsp;&nbsp;Except as required by law, </font><a name="_DV_C145"></a><font style="color:#0000FF;display: inline;color:#000000;font-size:9pt;text-decoration:none;">we assume</font><a name="_DV_M120"></a><font style="display: inline;font-size:9pt;"> 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>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 11pt">
			<a name="_DV_M121"></a><a name="_DV_M122"></a><a name="_DV_M123"></a><a name="_DV_M124"></a><a name="_DV_M125"></a><a name="_DV_M126"></a><a name="_DV_M127"></a><a name="_DV_M128"></a><a name="_DV_M129"></a><a name="_DV_M130"></a><a name="_DV_M131"></a><a name="_DV_M132"></a><font style="display: inline;font-family:Times New Roman;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Calibri;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;">&nbsp;</font>
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		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr>
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