Recent Updates — VGZ

Vista Gold Corp. entered into a definitive Arrangement Agreement with Artemis Gold Inc. to be acquired via a court-approved plan of arrangement under British Columbia law. Vista shareholders will receive 0.0966 common shares of Artemis for each Vista share held, implying consideration of US$2.83 per share and a total transaction value of approximately US$427 million. The deal represents a 29% premium based on the 20-day volume-weighted average prices as of September 18, 2026. Artemis currently holds 4.95% of Vista shares, which will be cancelled upon completion. Post-transaction, existing Artemis and Vista shareholders are expected to own approximately 95% and 5% of the combined entity, respectively. The transaction requires approval by 66 2/3% of Vista shareholder votes cast, along with regulatory approvals including FIRB consent and court orders. Completion is anticipated in January 2027, subject to customary closing conditions and an outside date of April 15, 2027. Vista Gold Corp. operates as a gold developer focused on the Mt Todd project in the Northern Territory of Australia.

Vista Gold Corp. appointed Gavin Ferguson as Managing Director of Vista Gold Australia Pty Ltd., effective September 7, 2026. Ferguson brings over 35 years of mining experience, most recently serving as General Manager of the Carlin Mining Complex for Nevada Gold Mines. His compensation includes a base salary of A$580,000 annually and 600,000 restricted stock units. The appointment supports the development of the Mt Todd gold project in Australia's Northern Territory, targeting detailed engineering commencement in 2027. Vista Gold Corp. is an exploration and development-stage gold mining company focused on the Mt Todd project.