Vista Gold announces receipt of $3M installment payment under Wheaton royalty

Vista Gold Corp. (VGZ) announce that its wholly-owned subsidiary, Vista Gold Australia has received the first installment payment of $3 million under the royalty agreement between Vista Australia and Wheaton Precious Metals (WPM), dated December 13, 2023, in relation to the Company’s Mt Todd gold project located in Northern Territory, Australia. The First Installment is part of the $20 million royalty with Wheaton, which will be used to advance Mt Todd and for general corporate purposes. The remaining two installment payments are expected in the first half of 2024 and are subject to approval from the Australian government Foreign Investment Review Board.