Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,035.10 −1.9% Silver 51.35 −2.5% Copper 6.27 −1.2% Oil 86.34 −0.6% Palladium 1,024.75 +0.3% SLG 6.10 −3.2% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.72 +6.8% SUM 1.28 −2.6% SGML 7.50 −10.2% BOGO 0.730 −7.6% Gold 4,035.10 −1.9% Silver 51.35 −2.5% Copper 6.27 −1.2% Oil 86.34 −0.6% Palladium 1,024.75 +0.3% SLG 6.10 −3.2% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.380 +1.3% WSK 0.170 +0.0% GAL 0.370 −2.6% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.72 +6.8% SUM 1.28 −2.6% SGML 7.50 −10.2% BOGO 0.730 −7.6%
Financings

Vista Gold prices $39-million (U.S.) public offering

VGZ · Price

Executive Summary

  • Vista Gold Corp. has priced its underwritten public offering of 15.6 million common shares at $2.50 USD per share, raising gross proceeds of $39.0 million.
  • The offering includes a 30-day overallotment option for up to an additional 2.34 million shares.
  • Net proceeds are intended to advance exploration and development at the Mt. Todd gold project in Australia’s Northern Territory and for general corporate purposes.

Key Details

  • Offering Size: 15.6 million common shares.
  • Price: $2.50 USD per share.
  • Gross Proceeds: $39.0 million USD (before deducting underwriting discounts, commissions, and offering expenses).
  • Overallotment Option: The underwriters have a 30-day option to purchase up to an additional 2.34 million common shares to cover overallotments, if any.
  • Closing Date: Expected to close on March 9, 2026, subject to customary conditions, including approval from the NYSE American and the Toronto Stock Exchange.
  • Use of Proceeds: Advancing exploration and development activities at the Mt. Todd gold project (a development-stage gold deposit in Australia's Northern Territory) and for general corporate purposes.
  • Underwriters:
    • Sole Bookrunner: CIBC Capital Markets.
    • Co-Managers: BMO Capital Markets, Raymond James, H.C. Wainwright & Co., and Tamesis Partners.
  • Regulatory Basis: The offering is made pursuant to an effective shelf registration statement on Form S-3 (declared effective Nov. 8, 2024) and relies on the listed issuer financing exemption in Canada (except Quebec) and Section 602.1 of the TSX Company Manual.

Notable Quotes

  • No direct quotes from the CEO or President were included in the provided text.
Read the original news release →

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