---
schema_version: "secwatch.filing_event.v1"
accession: "0000783324-22-000018"
form_type: "8-K"
ticker: "VGZ"
cik: "0000783324"
company_name: "VISTA GOLD CORP"
filed_at: "2022-03-17T23:59:59+00:00"
generated_at: "2026-06-26T22:09:53.532989+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vista Gold appoints CIBC as strategic advisor to evaluate alternatives for Mt Todd project

## Summary
- CIBC Capital Markets hired to lead formal process for Mt Todd gold project transaction.
- FS shows after-tax NPV5% $999.5M, IRR 20.6% at $1,600/oz gold.
- At $1,800/oz gold: after-tax NPV5% $1.5B, IRR 26.7%, cash flow $2.1B for years 1-7.
- Average annual gold production 479,000 oz during first 7 years; 16-year mine life.
- All major environmental, operating, and social approvals for Mt Todd already received.

## SEC filing metadata
- accession: 0000783324-22-000018
- form_type: 8-K
- ticker: VGZ
- cik: 0000783324
- company_name: VISTA GOLD CORP
- filed_at: 2022-03-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/783324/000078332422000018/0000783324-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/783324/000078332422000018/vgz-20220317x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000783324-22-000018
- JSON: https://secwatch.observer/filing/0000783324-22-000018.json
- Plain text: https://secwatch.observer/filing/0000783324-22-000018.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.