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.
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