Vista Gold Corp - Current report filing (8-K)
12 Mai 2008 - 9:13PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
The
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported):
May 8,
2008
VISTA
GOLD CORP.
(Exact name of registrant as specified in its charter)
Yukon Territory, Canada
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1-9025
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Not Applicable
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(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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7961 Shaffer Parkway, Suite 5, Littleton,
CO
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80127
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area
code:
(720)
981-1185
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On
May 8, 2008,
Vista Gold Corp. issued a press release furnished herewith as Exhibit 99.1.
Item 8.01 Other Events.
On May 8,
2008, Vista Gold Corp. (Vista or the Company) announced that its advisors
and counsel in Mexico have confirmed their view that the Change of Land Use
Permit for the Paredones Amarillos Project remains valid. Vista is currently evaluating the options for
validation of the permit, which include initiating legal or administrative
action seeking the annulment of the opinion rendered by the La Paz office of
the Mexican Environmental and Natural Resource Service (SEMARNAT) (referred
to in Vistas press release dated April 30, 2008). Management has held meetings with senior government
officials in Baja California Sur in the last week and will be meeting with
senior government officials in Mexico City in the coming weeks to confirm the
status of the permit. Vistas management
believes that any related issues will be resolved without any significant delay
to the expected timing for completion of the definitive (bankable) feasibility
study or the proposed timetable for the development of the Paredones Amarillos
Project, but will provide further information as soon as it is in a position to
do so.
Item 9.01 Financial
Statements and Exhibits.
(d) Exhibits.
Exhibit 99.1
Press
Release of Vista Gold Corp. dated May 8, 2008
This filing contains
forward-looking statements within the meaning of the U.S. Securities Act of
1933 and U.S. Securities Exchange Act of 1934 and forward-looking information
within the meaning of Canadian securities laws.
All statements, other than statements of
historical facts, included in this filing that address activities, events or
developments that Vista expects or anticipates will or may occur in the future,
including such things as contemplated development scenarios for the Paredones
Amarillos Project; progress, scheduling and the performance and results of
feasibility studies including the ongoing bankable feasibility study for the
Paredones Amarillos Project; timing, receipt and status of required land use,
environmental and other permits for the Paredones Amarillos Project and
anticipated timing of commencement of construction and commencement of production
at the Paredones Amarillos Project; plans to confirm the validity of the Change
of Land Use Permit for the Paredones Amarillos Project and timing for
confirmation of the status of this permit; Vistas future business strategy,
competitive strengths, goals, operations, plans, potential project development,
future share price and valuation, future gold prices, Vistas potential status
as a producer, 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 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 relating to delays and incurrence of additional costs in
connection with the feasibility study underway at our Paredones Amarillos
Project including uncertainty relating to timing and receipt for required
governmental permits; uncertainty relating to timing and receipt for
confirmation of the validity of the Change of Land Use Permit for the Paredones
Amarillos Project; uncertainty of feasibility study results and preliminary
assessments and of estimates on which such results are based; risks relating to
delays in commencement and completion of construction at the Paredones
Amarillos Project; risks of significant cost increases; risks of shortages of
equipment or supplies; risks that Vistas 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 Vistas operations of environmental regulations in the countries in
which it operates; risks due to legal proceedings; risks relating to political
and economic instability in certain countries in which it operates; uncertainty
of being able to raise capital on favorable terms or at all;
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and external risks
relating to the economy and credit markets in general; as well as those factors
discussed in Vistas latest Annual Report on Form 10-K and other documents
filed with the U.S. Securities and Exchange Commission and Canadian securities
commissions. 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. Except as required by law, Vista assumes no
obligation to publicly update any forward-looking statements, whether as a
result of new information, future events or otherwise.
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SIGNATURE
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
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VISTA GOLD
CORP.
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By:
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/s/ Gregory
G. Marlier
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Gregory
G. Marlier
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Chief
Financial Officer
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Date:
May 9, 2008
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4
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