DENVER, April 2, 2014 /PRNewswire/ -- Vista Gold Corp.
("Vista") (NYSE MKT and TSX: VGZ) today announced it has repaid its
2013 loan facility ("2013 Facility") in full. The 2013
Facility balance, which had been reduced to approximately
$1.3 million in February 2014, was due March 31, 2015.
Frederick H. Earnest, President
and Chief Executive Officer, commented, "I am pleased to report
that Vista is debt free. The recent improvements to our
balance sheet, together with the benefits of our cost reduction
efforts have created the opportunity for us to repay our debt ahead
of schedule, which allows us to avoid approximately $100k of cash interest charges."
About Vista Gold Corp.
Vista's principal assets include its flagship Mt. Todd gold
project in Northern Territory, Australia, and an 11.2% holding in Midas Gold
Corp. In addition to non-core projects in Mexico and California, Vista holds royalty interests in
projects in Bolivia and
Indonesia. For more information about our projects, including
technical studies and resource estimates, please visit our website
at www.vistagold.com.
For further information, please contact Connie Martinez at (720) 981-1185.
SOURCE Vista Gold Corp.