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The latest update is out from Vista Gold Corp. (VGZ).
Vista Gold Australia Pty. Ltd., a subsidiary of Vista Gold Corp., has received a $7 million payment from Wheaton Precious Metals, as part of a Royalty Agreement. This second instalment is backed by a General Security Deed, which includes a mortgage on the Mt Todd gold project’s mineral rights. This strategic financial move secures Wheaton’s investment and ensures Vista Australia’s commitment to the agreed payments.
Find detailed analytics on VGZ stock on TipRanks’ Stock Analysis page.
