DENVER, Aug. 2, 2016 /CNW/ — Vista Gold Corp. (the “Company,” “we” or “our”) (NYSE MKT: VGZ) (TSX: VGZ) is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, acting as co-lead underwriters and joint book-running managers and representatives of the underwriters named therein, under which the underwriters have agreed to buy on an underwritten basis 10,750,000 units (the “Units“), each Unit consisting of one common share (each a “Share“) and one half of one common share purchase warrant (each whole warrant a “Warrant“), at a price of US$1.40 per Unit for gross proceeds ofUS$15,050,000 (the “Offering“). Each Warrant will be exercisable for 36 months following the closing date and will entitle the holder thereof to purchase one Share upon exercise at an exercise price of US$1.92 per Share, subject to adjustment.