Mr. Frederick Earnest reports
VISTA GOLD CORP. REPAYS DEBT IN FULL, AHEAD OF SCHEDULE
Vista Gold Corp. has repaid its 2013 loan 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 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 $100,000 of cash interest charges."
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