Past year: ▲ 58%(1.67 – 2.80 USD)
Each one in plain English, with the numbers worked through for a shareholder.
2 Mar 2026material agreement▲ GoodMajor
Vista agreed to sell 15.6 million common shares at US$2.50 each, raising about US$39 million, with CIBC as sole bookrunner. It planned to use the proceeds for exploration and development at the Mt. Todd gold project and for general corporate purposes.
11 Sept 2025resource reserve update● Neutral
Vista filed the formal technical report backing its resized, 15,000-tonne-per-day Mt Todd feasibility study.
29 July 2025resource reserve update▲ GoodMajor
Vista released a re-sized 15,000-tonne-per-day feasibility study for Mt Todd, cutting initial capital 59% to $425 million versus the 2024 study. It showed an after-tax NPV5% of $1.1 billion and IRR of 27.8% at $2,500 gold, by prioritizing higher grade ore, contract mining and third-party power.
8 Nov 2024material agreement● Neutral
Vista entered into an at-the-market offering agreement with H.C. Wainwright on November 8, 2024, allowing it to sell up to US$8.0 million of common shares at its discretion, with no sales in Canada.
14 Mar 2024resource reserve update▲ GoodMajor
An updated feasibility study showed Mt Todd's value held up despite rising construction costs (initial capital up $138 million) and the new Wheaton royalty, with after-tax NPV actually improving slightly to $1.13 billion.
28 Feb 2024debt financing▲ GoodMajor
Vista received the second, $7 million installment of the Wheaton royalty financing after granting Wheaton a security interest (a mortgage) over its Mt Todd mineral rights.
18 Jan 2024material agreement● Neutral
John Rozelle, former Senior Vice President, became an independent contractor from January 1, 2024 for one year at $225 per hour. He would receive a $360,000 success payment if Vista signed a binding change-of-control agreement before July 1, 2024.
15 Dec 2023material agreement▲ GoodMajor
Vista's Australian subsidiary granted Wheaton Precious Metals a royalty of 1% of gross revenue from Mt Todd in return for US$20 million, paid in three installments. The royalty could rise to a maximum of 2% if completion objectives were not met by April 2028, and the deal needed Australian FIRB approval.
15 June 2023auditor change● Neutral
Vista appointed Davidson & Company as its new auditor following a competitive review process.
26 May 2023material agreement▲ Good
Vista's Mt Todd land agreement with the Northern Territory government was extended again, this time to the end of 2029 with an option for three more years, giving the project a much longer runway to reach a development decision.
10 Feb 2022resource reserve update▲ GoodMajor
Vista's first full feasibility study (rather than a preliminary one) for Mt Todd lifted reserves 19% to nearly 7 million ounces and outlined a 16-year mine, with an after-tax NPV of $1.5 billion at $1,800 gold.
13 Dec 2021material agreement● Neutral
Vista renewed its at-the-market share sale facility again under a fresh shelf registration.
12 July 2021material agreement● NeutralMajor
Vista raised about US$13.5 million in a share and warrant offering at US$1.10 per unit to keep advancing Mt Todd.
2 Dec 2020material agreement▲ GoodMajor
Vista renegotiated its founding 2006 land agreement with the Jawoyn Association, the traditional owners at Mt Todd: instead of an option to become a 10% joint-venture partner in the mine, the Jawoyn now get a straightforward royalty on revenue, simplifying Vista's path to developing the project while adding new commitments on training, employment and contracting for the Jawoyn people.
28 Oct 2020resource reserve update● Neutral
Vista re-filed the amended Mt Todd technical report from earlier in October to satisfy its SEC disclosure obligations.
9 Oct 2020resource reserve update● Neutral
Vista amended its Mt Todd technical report to correct and clarify some details, without changing the underlying feasibility study numbers.
25 June 2020material agreement● Neutral
Vista renewed its at-the-market share sale facility with H.C. Wainwright ahead of its prior shelf registration expiring, keeping its flexible fundraising option open.
6 Apr 2020capital raising announcement● Neutral
Vista granted a third-party service provider options on 50,000 shares, exercisable at $0.51, in exchange for advisory services.
30 Mar 2020resource reserve update▲ Good
An independent review by GR Engineering confirmed Vista's cost and schedule assumptions for the 2019 Mt Todd feasibility study were reasonable, adding outside validation to the numbers.
15 Oct 2019resource reserve update● Neutral
Vista furnished to the SEC, as Exhibit 99.1, the NI 43-101 technical report for the 50,000 tpd Mt Todd preliminary feasibility study, which it had filed in Canada on October 7, 2019 with an effective date of September 10, 2019.
8 Oct 2019resource reserve update● NeutralMajor
Filed the NI 43-101 technical report behind the September 2019 preliminary feasibility study for Mt Todd - a 50,000 tonne-a-day open pit with 91.9% life-of-mine gold recovery, a US$823 million net present value and a 23.4% return at US$1,350 gold. Vista said it would not take on the debt and dilution of building the mine alone and was looking for a development partner.
13 Sept 2019resource reserve update▲ GoodMajor
An updated feasibility study lifted Mt Todd's projected after-tax value to $823 million (up from $679 million in 2018) on improved gold recovery, while reserves held steady at 5.85 million ounces.
15 Jan 2019resource reserve update▲ Good
More crushing and sorting tests on higher-grade Mt Todd ore samples confirmed the process improvements work even better on richer material, and Vista set a schedule to update its feasibility study by mid-2019.
5 Oct 2018auditor change● Neutral
Vista's auditor, EKS&H, merged into Plante Moran, which became the company's new auditor as a result; no disputes were involved.
8 Mar 2018resource reserve update● Neutral
Vista filed the NI 43-101 technical report for its Mt Todd preliminary feasibility study, announced January 24, 2018. The report covers a 50,000 tonne per day base case and a 33,000 tpd alternate case, at US$1,300 gold.
29 Jan 2018resource reserve update▲ GoodMajor
Vista's updated preliminary feasibility study for Mt Todd showed an after-tax NPV5% of $679 million and 20.5% IRR at $1,300 gold, with reserves of 5.85 million ounces, down 0.9% from the 2013 study. Sorting and grinding changes were said to cut costs and raise recovery.
28 Nov 2017resource reserve update▲ GoodMajor
Further metallurgical testing showed Vista's ore-sorting and grinding redesign would boost Mt Todd's gold recovery to about 86%, and the company guided to an updated feasibility study in early 2018.
22 Nov 2017material agreement● NeutralMajor
Vista set up a US$10 million at-the-market share sale facility with H.C. Wainwright, giving it a flexible way to raise cash gradually rather than through one-off placements.
27 Oct 2017material agreement● NeutralMajor
Vista optioned Guadalupe de los Reyes to Minera Alamos, which can now earn 100% of the Mexican project for US$6 million plus royalties - a bigger deal than the 2014 Cangold option it replaces.
26 July 2017resource reserve update▲ GoodMajor
Test-sorting of ore samples confirmed Vista could cheaply reject 8-10% of Mt Todd's waste rock before grinding, and the company began updating its feasibility study to incorporate the technology.
