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Vista raises $44.9m for Mt Todd gold project

10th March 2026

By: Creamer Media Reporter

     

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NYSE American- and TSX-listed Vista Gold has closed an underwritten public offering of common shares, raising gross proceeds of about $44.85-million to support development of its Mt Todd gold project in Australia's Northern Territory.

The gold developer issued 17 940 000 common shares at a price of $2.50 each, including the full exercise of the underwriters’ option to purchase an additional 2 340 000 shares.

Vista said the proceeds would be used to advance exploration and development activities at Mt Todd, a development-stage gold deposit, as well as for general corporate purposes.

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Edited by Creamer Media Reporter

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