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Stock impact report

Vista Gold Corp. Announces 2023 Financial Results

Vista Gold Corp (VGZ) 
NASDAQ:AMEX Investor Relations: vistagold.com
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its audited financial results for the year ended December 31, 2023, with cash totaling $6.1 million at year-end. All dollar amounts in this press release are in U.S. dollars.During 2023, the Company focused on the efficient use of cash and strengthened its balance sheet by completing a $20 million royalty transaction (“Royalty”). Pursuant to the terms of the Royalty, we received $3 million in December 2023, $7 million in February 2024, and expect to receive the remaining $10 million during the first half of 2024.Frederick H. Earnest, President and Chief Executive Officer of Vista, stated, “Our team successfully executed on a number of key initiatives during 2023 and we are off to a great start in 2024. During this period we:completed an internal scoping study that we believe confirmed the potential for a smaller-scale, staged development strategy for Mt Todd;extended t Show less Read more
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