other material
confidence high
sentiment neutral
materiality 0.70
Vista Gold closes US$44.85M public offering, including full exercise of underwriters' option
VISTA GOLD CORP
- Closed public offering of 17,940,000 common shares at US$2.50/share, including full exercise of underwriters' option for 2,340,000 additional shares.
- Gross proceeds of US$44.85M before underwriting discounts and offering expenses.
- Net proceeds to be used to advance Mt. Todd gold project in Australia's Northern Territory and for general corporate purposes.
- CIBC Capital Markets acted as sole bookrunner; co-managers included BMO, Raymond James, H.C. Wainwright, Tamesis Partners.