- Current report filing (8-K)
22 Februar 2010 - 6:11PM
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: February 19,
2010
(Date of earliest event reported)
VISTA GOLD CORP.
(Exact Name of Registrant as Specified in Charter)
Yukon Territory, Canada
(State or Other Jurisdiction of Incorporation)
1-9025
(Commission File
Number)
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Not
Applicable
(IRS Employer
Identification No.)
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7961 SHAFFER PARKWAY, SUITE 5,
LITTLETON, COLORADO 80127
(Address of Principal Executive Offices and Zip Code)
Registrants telephone number, including area
code:
(720) 981-1185
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
On February 19, 2010,
the Registrant issued a press release announcing the dismissal of the
Registrants Change of Forest Land Use Permit Application for the Paredones
Amarillos Gold Project. A copy of the
press release is attached to this report as Exhibit 99.1. In accordance
with General Instruction B.2 of Form 8-K, the information set forth herein
and in the press release is deemed to be furnished and shall not be deemed to
be filed for purposes of the Securities Exchange Act of 1934, as amended. The
information set forth in Item 7.01 of this report shall not be deemed an
admission as to the materiality of any information in this report on Form 8-K
that is required to be disclosed solely to satisfy the requirements of
Regulation FD.
Item 8.01 Other Items
On February 19,
2010, the Registrant announced that its wholly owned Mexican subsidiary, Minera
Paredones Amarillos S.A. de C.V. (MPA) had received notice from the Mexican
Secretariat of Environment and Natural Resources (SEMARNAT) that SEMARNAT had
dismissed, on administrative grounds, MPAs application for the Change of
Forest Land Use Permit (CUSF) for the Registrants Paredones Amarillos gold
project in Baja California Sur, Mexico (Paredones Project). Specifically, SEMARNAT dismissed the CUSF
application, without a review of its substantive merit, for MPAs alleged
failure to satisfy certain procedural and informational requirements. The CUSF is required before the Registrant
can commence construction of the Paredones Project. The Registrant is currently amending its CUSF
application to address SEMARNATs specific procedural and informational
requirements and intends to re-file the application shortly.
In addition, while not
formally the basis for SEMARNATs dismissal, SEMARNAT communicated what it
believes are additional issues with the Registrants CUSF application, which
SEMARNAT stated it was not able to resolve due to a lack of information,
including:
·
SEMARNATs refusal to recognize the validity of the Temporary
Occupation Permits granted to MPA by the Mexican General Direction of Mines,
which are a pre-requisite to filing for a CUSF, on the basis that the project
is located in an environmentally protected area over which the Mexican General
Direction of Mines does not have jurisdiction;
·
The National Commission for Biodiversity objects to the project on
environmental grounds; and
·
MPAs failure to obtain an official communication from the Mexican
Natural Protected Areas Commission (CONANP) acknowledging CONANPs conformity
with MPAs application for the CUSF.
While the Registrant
believes these comments are without legal merit and that several of the
comments are beyond the scope of SEMARNATs legal authority in connection with
a review of a CUSF application, the Registrant expects the dismissal of the CUSF
application will delay the commencement of construction, development and
production of the Paredones Project. In
addition to re-filing its CUSF application, the Registrant is working with its
legal counsel and political experts in Mexico on a broader strategy for the
advancement of the permitting process for the Paredones Project. This includes
a potential court challenge to SEMARNATs dismissal of the CUSF application as
the Registrants advisors believe the legal basis for the dismissal was
incorrect.
Item 9.01 Exhibits
99.1 Press Release dated February 19,
2010*
*The Exhibit relating
to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant
to Regulation FD.
2
SIGNATURES
In accordance with the
requirements of the Securities and Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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VISTA
GOLD CORP.
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(Registrant)
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Dated: February 19,
2010
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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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3
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