Vista Gold Corp Announces AGM Results and Mt Todd Project Update

Key Highlights from Annual General and Special Meeting (AGM)

• Strong Shareholder Participation: Vista Gold Corp’s AGM, held on April 28, 2026, saw 70,182,716 common shares represented, accounting for 56.39% of all outstanding shares. This level of participation signals robust engagement from the investor base.
• Director Election Results: All proposed directors were elected with overwhelming support:
  • John M. Clark: 93.03% in favor, 6.97% withheld
  • Frederick H. Earnest: 92.37% in favor, 7.63% withheld
  • Deborah J. Friedman: 93.00% in favor, 7.00% withheld
  • Patrick F. Keenan: 93.16% in favor, 6.84% withheld
  • Tracy A. Stevenson: 92.86% in favor, 7.14% withheld
  • Michel Sylvestre: 92.94% in favor, 7.06% withheld

  This strong mandate provides management with stability and confidence to advance company initiatives.

• Auditor Appointment: Davidson & Company LLP was appointed as auditors for the financial year, supporting continuity and transparency in financial reporting.
• Executive Compensation and Stock Option Plan: Shareholders approved, on an advisory basis, the compensation of named executive officers and amendments to the Company’s Stock Option Plan, including all unallocated options. This supports incentive alignment and retention of key talent.

Mt Todd Gold Project: Strategic Update

• Project Overview: Mt Todd, located in Northern Territory, Australia, is one of the country’s largest development-stage gold projects. Vista Gold has outlined a clear pathway to value realization, with the commencement of detailed engineering and design targeted for 2027.
• Timeline & Milestones: The start of detailed engineering in 2027 is expected to trigger a 27-month period encompassing design, construction, and commissioning, culminating in first gold production. This milestone is critical and could significantly affect the valuation of the company if achieved as planned.
• Project Economics & Expansion: Mt Todd offers strong initial production, robust project economics, and substantial upside potential for both expansion and exploration. The project benefits from advanced infrastructure, potential for future growth, and broad community support—key factors underpinning its potential to become a long-lived, globally significant gold operation.

Potential Price-Sensitive Information for Shareholders

• Upcoming Milestone: The commencement of engineering and design in 2027, followed by a 27-month development period, is a pivotal event. Achieving this milestone would mark the transition from development to production, which is usually a major catalyst for share price appreciation in the mining sector.
• Risks and Forward-Looking Statements: Investors should note the forward-looking nature of the statements regarding project timelines and economics. Risks include possible changes in capital and operating costs, mining recoveries, gold price volatility, regulatory changes, environmental factors, and uncertainties in feasibility outcomes. Any material deviation from projections could impact share value.
• Strategic Importance: With shareholder approval for management’s compensation and stock options, Vista Gold is positioned to retain key executives critical to project execution, potentially reducing operational risks and supporting future share performance.

Investor Relations

For further information, investors may contact Pamela Solly, Vice President of Investor Relations at (720) 981-1185 or visit www.vistagold.com.

Disclaimer

This article contains forward-looking statements including but not limited to project milestones, anticipated production, and economic projections. These statements are subject to significant risks and uncertainties, including market conditions, regulatory changes, and operational risks. Actual results may differ materially from those projected. Investors are urged to review Vista Gold Corp’s latest Annual Report and regulatory filings for further information on risk factors. This article is for informational purposes only and does not constitute investment advice.

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