0001104659-22-052461.txt : 20220429 0001104659-22-052461.hdr.sgml : 20220429 20220428175218 ACCESSION NUMBER: 0001104659-22-052461 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20220428 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220429 DATE AS OF CHANGE: 20220428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VISTA GOLD CORP CENTRAL INDEX KEY: 0000783324 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09025 FILM NUMBER: 22868519 BUSINESS ADDRESS: STREET 1: 7961 SHAFFER PKWY, SUITE 5 CITY: LITTLETON STATE: CO ZIP: 80127 BUSINESS PHONE: 720-981-1185 MAIL ADDRESS: STREET 1: 7961 SHAFFER PKWY, SUITE 5 CITY: LITTLETON STATE: CO ZIP: 80127 FORMER COMPANY: FORMER CONFORMED NAME: GRANGES INC DATE OF NAME CHANGE: 19950602 FORMER COMPANY: FORMER CONFORMED NAME: GRANGES EXPLORATION LTD DATE OF NAME CHANGE: 19890619 8-K 1 tm2213950d1_8k.htm FORM 8-K
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report: April 28, 2022

(Date of earliest event reported)

 

VISTA GOLD CORP.

(Exact Name of Registrant as Specified in Charter)

 

British Columbia, Canada

(State or Other Jurisdiction of Incorporation)

 

1-9025

(Commission File Number)

Not Applicable

(IRS Employer Identification No.)

 

7961 Shaffer parkway, suite 5, littleton, colorado 80127

(Address of Principal Executive Offices and Zip Code)

 

Registrant’s telephone number, including area code:   (720) 981-1185

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Exchange Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Shares VGZ NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders

 

Results of Annual General Meeting of Shareholders

 

On April 28, 2022, Vista Gold Corp. (the “Corporation”) held its annual general and special meeting of shareholders at 10:00 a.m. (PDT). A total of 69,996,655 common shares in the capital of the Company (“Common Shares”) were represented at the meeting, being 59.32% of the Common Shares issued and outstanding on the record date for the meeting.

 

Detailed results for the ballot votes are as follows:

 

Election of Directors  Votes For   Votes Withheld/
Abstain
   Broker Non-
Votes
 
John M. Clark   43,103,234    755,685    26,252,736 
Frederick H. Earnest   43,276,723    582,196    26,252,736 
W. Durand Eppler   43,120,336    738,583    26,252,736 
Deborah J. Friedman   43,261,020    597,899    26,252,736 
C. Thomas Ogryzlo   43,039,607    819,312    26,252,736 
Michael B. Richings   41,513,591    2,345,328    26,252,736 
Tracy A. Stevenson   43,142,750    716,169    26,252,736 

 

Proposal  Votes For   Withheld/
Abstain
   Against   Broker Non-
Votes
 
Approve Appointment of Plante & Moran, PLLC   69,667,675    443,980    0    0 

 

Proposal  Votes For   Withheld/
Abstain
   Against   Broker Non-
Votes
 
Advisory Vote on Executive Compensation   40,083,606    807,358    2,967,955    26,252,736 

 

Proposal  Votes For   Withheld/
Abstain
   Against   Broker Non-
Votes
 
Approve All Unallocated Awards Under the Corporation’s Long Term Equity Incentive Plan   41,659,311    804,373    1,395,235    26,252,736 

 

Proposal  Votes For   Withheld/
Abstain
   Against   Broker Non-
Votes
 
Approve All Unallocated Awards Under the Corporation’s Deferred Stock Unit  Plan   41,694,075    793,336    1,371,508    26,252,736 

 

 

 

 

All nominees for election to the Corporation’s Board of Directors were elected to the Board of Directors and will serve until the Corporation’s 2023 annual meeting of shareholders or until successors are duly elected and qualified. In addition, at the Meeting, shareholders appointed Plante & Moran, PLLC as auditors of the Company, and passed ordinary resolutions to approve, on an advisory basis, the compensation of the Corporation’s Named Executive Officers, and to approve all unallocated awards under the Corporation’s Long Term Equity Incentive Plan, and all unallocated awards under the Corporation’s Deferred Share Unit Plan.

 

Item 7.01  Regulation FD

 

On April 28, 2022, the Registrant issued a press release announcing the voting results from its annual general and special meeting of shareholders held on Thursday, April 28, 2022 in Littleton, Colorado.

 

A copy of the press release is attached to this report as Exhibit 99.1. In accordance with General Instruction B.2 of Form 8-K, the information set forth herein and in the press release is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. The information set forth in Item 7.01 of this report shall not be deemed an admission as to the materiality of any information in this report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

 

Item 9.01 Exhibits

 

99.1Press Release dated April 28, 2022*

 

*The Exhibit relating to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant to Regulation FD.

 

 

 

 

SIGNATURES

 

In accordance with the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  VISTA GOLD CORP.
(Registrant)
   
Dated: April 28, 2022 By: /s/ Frederick H. Earnest
  Frederick H. Earnest
  President and Chief Executive Officer

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated April 28, 2022*

 

*The Exhibit relating to Item 7.01 is intended to be furnished to, not filed with, the SEC pursuant to Regulation FD.

 

 

EX-99.1 2 tm2213950d1_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

  7961 Shaffer Parkway
Suite 5
Littleton, CO 80127
Phone: 720-981-1185
Trading Symbol: VGZ
NYSE American and TSX Stock Exchanges

 

 NEWS  

 

Vista Gold Corp. Announces Voting Results from Annual General Meeting

 

 

Denver, Colorado, April 28, 2022 - Vista Gold Corp. (“Vista” or the “Company”) (NYSE American and TSX: VGZ) today announced the voting results from its annual general and special meeting of shareholders held on Thursday, April 28, 2022 (the “Meeting”).

A total of 67,896,888 common shares in the capital of the Company (“Common Shares”) were represented at the meeting, being 57.55% of the Common Shares. Detailed results for the ballot votes for the election of directors are as follows:

 

Proposal  Votes For %   Votes Withheld % 
Election of John M. Clark as Director   98.28    1.72 
Election of Frederick H. Earnest as Director   98.67    1.33 
Election of W. Durand Eppler as Director   98.32    1.68 
Election of Deborah J. Friedman as Director   98.64    1.36 
Election of C. Thomas Ogryzlo as Director   98.13    1.87 
Election of Michael B. Richings as Director   94.65    5.35 
Election of Tracy A. Stevenson as Director   98.37    1.63 

 

In addition, at the Meeting, shareholders appointed Plante & Moran PLLC as auditors of the Company and passed ordinary resolutions to approve: on an advisory basis, the compensation of the Company’s Named Executive Officers, and to approve all unallocated awards under the Company’s Long Term Equity Incentive Plan, and all unallocated awards under the Company’s Deferred Share Unit Plan.

 

About Vista Gold Corp.

 

Vista is a gold project developer. The Company’s flagship asset is the Mt Todd gold project located in the Tier 1, mining friendly jurisdiction of Northern Territory, Australia. Situated approximately 250 km southeast of Darwin, Mt Todd is the largest undeveloped gold project in Australia and, as presently designed, Mt Todd is expected to be one of the top five gold producers in Australia. All major environmental and operating permits have now been approved.

 

For further information, please contact Pamela Solly, Vice President of Investor Relations, at (720) 981-1185 or IR@vistagold.com. You may also visit our website at www.vistagold.com.

 

 

 

 

Forward Looking Statements

 

This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, and U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as Mt Todd expected to be one of the top five gold producers in Australia are forward-looking statements and forward-looking information. The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: our forecasts and expected cash flows; our projected capital and operating costs; our expectations regarding mining and metallurgical recoveries; mine life and production rates; that laws or regulations impacting mine development or mining activities will remain consistent; our approved business plans, our mineral resource and reserve estimates and results of preliminary economic assessments; preliminary feasibility studies and feasibility studies on our projects, if any; our experience with regulators; our experience and knowledge of the Australian mining industry and our expectations of economic conditions and the price of gold. When used in this press release, the words “optimistic,” “potential,” “indicate,” “expect,” “intend,” “hopes,” “believe,” “may,” “will,” “if,” “anticipate” and similar expressions are intended to identify forward-looking statements and forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainty of resource and reserve estimates, uncertainty as to the Company’s future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; uncertainty as to the results of bulk metallurgical test work; uncertainty as to completion of critical milestones for Mt Todd; and uncertainty as to the impact of the ongoing global health crisis caused by the COVID-19 pandemic; as well as those factors discussed under the headings “Note Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s latest Annual Report on Form 10-K as filed in February 2022 and other documents filed with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, we assume no obligation to publicly update any forward-looking statements or forward-looking information; whether as a result of new information, future events or otherwise.

 

 

 

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Apr. 28, 2022
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Document Period End Date Apr. 28, 2022
Entity File Number 1-9025
Entity Registrant Name VISTA GOLD CORP.
Entity Central Index Key 0000783324
Entity Tax Identification Number 00-0000000
Entity Incorporation, State or Country Code A1
Entity Address, Address Line One 7961 Shaffer parkway
Entity Address, Address Line Two suite 5
Entity Address, City or Town littleton
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80127
City Area Code 720
Local Phone Number 981-1185
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Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Shares
Trading Symbol VGZ
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