 DENVER, July 07, 2021 GLOBE NEWSWIRE -- Vista Gold Corp. NYSE American and TSX: VGZ Vista or the Company is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters with H.C. Wainwright Co. acting as sole book-running manager and representative of the underwriters, under which the underwriters have agreed to purchase in a public offering on a firm commitment basis 7,272,728 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 US8,000,000 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 will be 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. 