Vista Gold Announces Effective Time for Completion of Arrangement
05 Mai 2007 - 4:22AM
PR Newswire (US)
DENVER, May 4 /PRNewswire-FirstCall/ -- Vista Gold Corp. (AMEX:VGZ)
Toronto ("Vista") announced today, that as previously announced,
the arrangement involving Vista, Allied Nevada Gold Corp., and Carl
and Janet Pescio, is expected to close on May 10, 2007. The
effective time of the arrangement is expected to be 12:01 a.m.
(Pacific time) on May 10, 2007. For greater clarity, all
shareholders of Vista at 12:01 a.m. (Pacific time) on the closing
date of the arrangement will participate in the arrangement.
Accordingly, in order to participate in the arrangement you must
own shares of Vista at the close of trading on the day before the
closing date. About Vista Gold Corp. Vista Gold Corp., based in
Littleton, Colorado, evaluates and acquires gold projects with
defined gold resources. Additional exploration and technical
studies are undertaken to maximize the value of the projects for
eventual development. The Company's holdings include the Maverick
Springs, Mountain View, Hasbrouck, Three Hills, Wildcat projects,
the F.W. Lewis, Inc. properties and the Hycroft mine, all in
Nevada, the Long Valley project in California, the Yellow Pine
project in Idaho, the Paredones Amarillos and Guadalupe de los
Reyes projects in Mexico, the Mt. Todd project in Australia, the
Amayapampa project in Bolivia and the Awak Mas project in
Indonesia. Forward-Looking Statements This press release contains
forward-looking statements within the meaning of the U.S.
Securities Act of 1933 and U.S. Securities Exchange Act of 1934.
All statements, other than statements of historical facts, included
in this press release that address activities, events or
developments that Vista expects or anticipates will or may occur in
the future, including such things as future business strategy,
competitive strengths, goals, expansion and growth of Vista's or
Allied Nevada's businesses, operations, plans and other such
matters are forward-looking statements. When used in this press
release, the words "estimate", "plan", "anticipate", "expect",
"intend", "believe" and similar expressions are intended to
identify forward-looking statements. These statements involve known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of Vista and Allied
Nevada, including anticipated consequences of the contemplated
transaction described herein, to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Such factors include, among
others, risks that Vista's or Allied Nevada's acquisition,
exploration and property advancement efforts will not be
successful; risks relating to fluctuations in the price of gold;
the inherently hazardous nature of mining-related activities;
uncertainties concerning reserve and resource estimates; potential
effects on Vista's or Allied Nevada's operations of environmental
regulations in the countries in which they operate; risks due to
legal proceedings; uncertainty of being able to raise capital on
favorable terms or at all; and risks that may affect Vista's
ability to complete the contemplated transaction described herein;
as well as those factors discussed in Vista's latest Annual Report
on Form 10-K and Quarterly Report on Form 10-Q and other documents
filed with the U.S. Securities and Exchange Commission. Although
Vista has attempted to identify important factors that could cause
actual results to differ materially from those described in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate as
actual results and future events could differ materially from those
anticipated in such statements. Vista assumes no obligation to
publicly update any forward-looking statements, whether as a result
of new information, future events or otherwise. For further
information, please contact Gregory G. Marlier at (720) 981-1185,
or visit the Vista Gold Corp. website at http://www.vistagold.com/.
DATASOURCE: Vista Gold Corp. CONTACT: Gregory G. Marlier of Vista
Gold Corp., +1-720-981-1185 Web site: http://www.vistagold.com/
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