03/12/2026 | News release | Distributed by Public on 03/12/2026 10:54
March 12, 2026
Willkie advised CIBC World Markets Inc., BMO Nesbitt Burns Inc., Raymond James Ltd., H.C. Wainwright & Co., LLC and Tamesis Partners LLP as the underwriters in a registered public offering of 17,940,000 common shares of Vista Gold Corp. (NYSE American and TSX: VGZ), which includes the full exercise of the underwriters' option to purchase 2,340,000 additional common shares.
The offering closed on March 9, 2026. The total gross proceeds to Vista Gold were $44.85 million, before certain deductions and payment of offering-related expenses.
Vista Gold Corp. holds the Mt. Todd gold project, a leading development-stage gold deposit located in the Tier-1 mining jurisdiction of Northern Territory, Australia.
The Willkie team was led by partner Eddie Best and included associates Katherine Lovejoy, Ari Fryer and Michael Sutton, with counsel Catherine Harrington providing tax advice.