Vista Gold Corp. will list an additional 6,273,825 shares on the Toronto Stock Exchange at the open on Friday, Dec. 21, 2012, according to the TSX. As in a Dec. 14, 2012, prospectus supplement, Vista plans to sell 3,637,000 units to the public at $2.75 (U.S.) each, raising $10,001,750 (U.S.). It has granted the underwriters an overallotment option to buy up to 545,550 more units at the same price for 30 days from the closing of the offering. Each unit consists of one share and one-half of a share purchase warrant. Each whole warrant entitles the holder to acquire another share for $3.30 (U.S.) until 5 p.m. (Vancouver time) on the day that is 24 months from the closing of the offering. The exchange reports that Vista will not list the warrants on the TSX.
© 2013 Canjex Publishing Ltd. All rights reserved.