 DENVER, July 12, 2021 GLOBE NEWSWIRE -- Vista Gold Corp. NYSE American and TSX: VGZ Vista or the Company is pleased to announce the closing of its previously announced public offering of 12,272,730 units of the Company the Units, at a public offering price of US1.10 per Unit, less underwriting discounts and commissions, for aggregate gross proceeds of approximately US13,500,000 the Offering. Each Unit consists of one common share in the capital of the Company each, a Common Share and one-half of one Common Share purchase warrant each whole warrant, a Warrant. Each Warrant is exercisable immediately upon issuance for thirty six months and entitle the holder thereof to purchase one Common Share upon exercise at an exercise price of US1.25 per Common Share. In addition, the underwriter partially exercised its option to purchase an additional 920,454 Warrants. 