DENVER, March 2, 2011 /PRNewswire/ -- Vista Gold Corp.
(TSX & NYSE Amex Equities: VGZ) ("Vista" or the
"Corporation") is pleased to announce that a total of
15,308,044 common share purchase warrants (the "Warrants")
issued on December 15, 2010 (in
connection with our previously announced private placement of
special warrants) began trading March 1,
2011 on the Toronto Stock Exchange (the "TSX") under
the symbol VGZ.WT.U. See our press releases dated
September 30, 2010, October 12, 2010, October
22, 2010 and December 15, 2010
for additional information on the private placement and the
Warrants.
In addition, in our press release dated December 15, 2010, we incorrectly announced that
429,348 special warrants and 478,262 compensation warrants were
issued to agents and finders (the "Agents") as part of their
compensation for their services provided for the private placement
of special warrants. In fact, an aggregate of 641,305 special
warrants and 630,436 compensation warrants were issued to the
Agents.
The Warrants are freely tradable in Canada, except to, or for the account or
benefit, of any U.S. person (as defined in Regulation S under the
United States Securities Act of 1933, as amended (the "U.S.
Securities Act"). Neither the Warrants nor the common
shares issuable upon exercise of the Warrants (the "Warrant
Shares") have been registered under the U.S. Securities Act, or
any state securities laws of any state of the United States. Accordingly, the
Warrants and the Warrant Shares may not be offered or sold in
the United States or to, or for
the account or benefit of, any U.S. person (as defined in
Regulation S under the U.S. Securities Act) or any person in
the United States absent
registration under the U.S. Securities Act or an applicable
exemption from such registration requirements and in accordance
with all applicable state securities laws of any state of
the United States.
Purchasers of the Warrants or the Warrant Shares may not
engage in hedging transactions with regard to the Warrants or the
Warrant Shares unless in compliance with the U.S. Securities
Act.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the Warrants or the Warrant
Shares. There shall be no sales of the Warrants or the
Warrant Shares in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
About Vista Gold Corp.
Vista is focused on the development of the Concordia gold project in Baja California Sur, Mexico, and the Mt. Todd
gold project in Northern Territory, Australia, to achieve its goal of becoming a
gold producer. Vista's other holdings include the Guadalupe de los
Reyes gold project in Mexico, the
Yellow Pine gold project in
Idaho, the Awak Mas gold project
in Indonesia, and the Long Valley
gold project in California.
For further information, please contact Connie Martinez at (720) 981-1185.
SOURCE Vista Gold Corp.