Vista Gold Corp. Announces C$29,700,000 Bought Deal Offering (VGZ)

Vista Gold VGZ is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and Wellington West Capital Markets, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 9,000,000 common shares of the Company at a price of C$3.30 per Common Share for aggregate gross proceeds to the Company of C$29,700,000. The Common Shares are to be sold by way of a prospectus supplement to Vista's existing base shelf prospectus dated April 27, 2009 and filed with the securities commissions in all of the provinces and territories of Canada and in the United States by way of a prospectus supplement to the Company's base shelf prospectus included in the Company's shelf registration statement filed with the U.S. Securities and Exchange Commission on April 28, 2009. The Common Shares will also be offered on a private placement basis in certain jurisdictions outside of Canada and the United States pursuant to applicable prospectus exemptions.