Vista Gold enters $10M ATM agreement with H.C. Wainwright & Co.
Vista Gold announced that it has entered into an At-the-Market Offering Agreement with H.C. Wainwright & Co. as sales manager. Under the terms of the ATM Agreement, the company will be entitled to sell, at its sole discretion and from time to time as it may choose, common shares in the capital of the company through Wainwright, with such sales having an aggregate gross sales value of up to $10M. The ATM Agreement will remain in full force and effect until the earlier of August 31, 2020, or the date that the ATM Agreement is terminated in accordance with the terms therein. The company will pay Wainwright a commission equal to 2.0% of the gross sales price from sales, if any, of the shares sold under the Offering.