Vista Gold Q1 net loss $0.3M, cash $12.8M; completes Mt Todd feasibility study, appoints CIBC as strategic advisor

VISTA GOLD CORP

2022-Q1 EPS reported $0.00

Net loss of $0.3M ($0.00 per share) vs $3.1M loss in Q1 2021.
Cash and cash equivalents of $12.8M at March 31, 2022; received final $2.5M Awak Mas royalty payment.
Completed 2022 feasibility study for Mt Todd: after-tax NPV5% $999.5M at $1,600/oz gold, IRR 20.6%.
Appointed CIBC Capital Markets as strategic advisor to lead formal process for unlocking Mt Todd value.
Exploration drilling completed (8,898m) confirming mineralization along Batman-Driffield trend.

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