FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * SUN VALLEY GOLD MASTER FUND, LTD 2. Issuer Name and Ticker or Trading Symbol VISTA GOLD CORP [ VGZ ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)         (First)         (Middle)
INTERNATIONAL MANAGEMENT SERVICES LTD, 3RD FLR, HARBOUR CTRE, N CHURCH ST BOX61
3. Date of Earliest Transaction (MM/DD/YYYY)
7/12/2021
(Street)
GRAND CAYMAN, E9 KY1-1102
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) ___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares  7/12/2021    P    852800  A $1.10 (3) 6193815  I  See footnote (1)
Common Shares  7/12/2021    P    447200  A $1.10 (3) 13728729  D (2)  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants  $1.25  7/12/2021    P     426400      7/12/2021  7/12/2024  Common Shares  426400  $1.10 (3) 426400  I  See footnote (1)
Warrants  $1.25  7/12/2021    P     223600      7/12/2021  7/12/2024  Common Shares  223600  $1.10 (3) 223600  D (2)  

Explanation of Responses:
(1)  The Common Shares are held in the accounts of advisory clients of Sun Valley Gold LLC and may be deemed to be beneficially owned by Sun Valley Gold LLC and Peter F. Palmedo, the managing member of Sun Valley Gold LLC.
(2)  The Common Shares are held by Sun Valley Gold Master Fund, Ltd. and may be deemed to be beneficially owned by Sun Valley Gold LLC, the investment manager of Sun Valley Gold Master Fund, Ltd., and Peter F. Palmedo, the managing member of Sun Valley Gold LLC.
(3)  The common shares and warrants purchased on 07/12/2022 were purchased as "Units". Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder to purchase one common share at an exercise price of $1.25 per share. The Unit price of $1.10 reflects the cost to purchase both the common share and the one-half common share warrant.

Remarks:
Each of Sun Valley Gold LLC, Sun Valley Gold Master Fund, Ltd. and Peter F. Palmedo disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SUN VALLEY GOLD MASTER FUND, LTD
INTERNATIONAL MANAGEMENT SERVICES LTD
3RD FLR, HARBOUR CTRE, N CHURCH ST BOX61
GRAND CAYMAN, E9 KY1-1102

X

SUN VALLEY GOLD LLC
620 SUN VALLEY ROAD
2ND FLR, PO BOX 2211
KETCHUM, ID 83340

X

Palmedo Peter F.
C/O SUN VALLEY GOLD LLC
620 SUN VALLEY ROAD 2ND FLR, PO BOX 2211
KETCHUM, ID 83340

X


Signatures
Sun Valley Gold Master Fund, Ltd., By: Peter F. Palmedo, /s/ Peter F. Palmedo 2/15/2022
**Signature of Reporting Person Date
Sun Valley Gold LLC, By: Peter F. Palmedo, /s/ Peter F. Palmedo 2/15/2022
**Signature of Reporting Person Date
Peter F. Palmedo, /s/ Peter F. Palmedo 2/15/2022
**Signature of Reporting Person Date
Vista Gold (AMEX:VGZ)
Historical Stock Chart
From May 2022 to Jun 2022 Click Here for more Vista Gold Charts.
Vista Gold (AMEX:VGZ)
Historical Stock Chart
From Jun 2021 to Jun 2022 Click Here for more Vista Gold Charts.