Vista Gold receives $7M second instalment under Wheaton royalty for Mt Todd project

VISTA GOLD CORP

Received $7M second instalment from Wheaton under $20M royalty agreement for Mt Todd gold project.
Security deed grants Wheaton mortgage on Mt Todd mineral tenements as collateral.
Final $10M instalment due in six months contingent on commencing designated drilling program.
Proceeds will fund advancement of Mt Todd and general corporate purposes.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VISTA GOLD CORP entered into General Security Deed with Wheaton Precious Metals (Cayman) Co., an affiliate of Wheaton Precious Metals Corp. (effective 2024-02-27).

Action: entry
Counterparty: Wheaton Precious Metals (Cayman) Co., an affiliate of Wheaton Precious Metals Corp.
Effective: 2024-02-27

Exact text from the filing

Vista Australia and Wheaton entered into a General Security Deed (“Deed”), providing for, among other things, a mortgage on the mineral tenements that comprise the Company’s Mt Todd gold project.

View on SEC.gov

748 material agreements filed in the last 30 days. Browse all material agreements →

VISTA GOLD CORP filing history →

Source: SEC EDGAR

accession 0000783324-24-000014

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.