Vista Gold Corp (VGZ) Announces Public Issue Of 8.8M Shares.
Vista Gold Corp (NYSE: VGZ) announced the pricing of its 8.8M Shares, 10 percent more than its previous announcement, at a price of $2.25 per share of common stock.
The Company has granted the underwriters a 30-day option to purchase up to 1.32M additional shares of common stock to cover over-allotments, if any. Proceeds to the Company from the offering, net of commissions and expenses, are expected to be approximately US$17.6M. The offering is expected to close on September 21, 2009.
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