DENVER, June 24, 2019 /PRNewswire/ -- Vista Gold Corp.
(TSX & NYSE American: VGZ) ("Vista" or the "Company") is
pleased to announce the appointment of Douglas Tobler as Chief Financial Officer of the
Company effective July 1, 2019. He
succeeds Jack Engele, who is
retiring as Sr. Vice President and Chief Financial Officer,
following 6 ½ years of service with the Company.
"Jack Engele has been a key
member of our senior executive team for more than six years. On
behalf of the Board of Directors and management, I would like to
thank Jack for his many valuable contributions. His commitment to
financial discipline and focus on capital management have been
instrumental in maintaining our capital share structure while
advancing the Mt Todd gold project," said Frederick H. Earnest, President and CEO of the
Company.
Mr. Tobler brings more than 35 years of corporate financial
management experience gained as a chief financial officer, CPA and
corporate advisor. He has extensive experience with growth-stage
resource companies, including most recently as CFO of Lydian
International. Prior to Lydian, Mr. Tobler was CFO of Alacer Gold
Corp. throughout the development and early years of operations of
the Çöpler Gold Mine in Turkey.
While a CPA and advisor, Mr. Tobler assisted numerous mining
clients with strategic financial and corporate accounting
objectives.
Mr. Earnest commented, "We are pleased to
have Doug Tobler join our executive management team. His
extensive accounting, finance and corporate leadership experience
will be an excellent addition to the Vista team as we continue to
pursue our objective of creating shareholder value. Doug's broad
industry experience will be invaluable as we position Vista for
long-term success."
About Vista Gold Corp.
The Company is a gold project developer. The Company's principal
asset is its flagship Mt Todd gold project in Northern Territory,
Australia. Mt Todd is the largest undeveloped gold project
in Australia.
For further information, please contact Pamela Solly, Vice President of Investor
Relations, at (720) 981-1185.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the U.S. Securities Act of 1933, as amended, and
U.S. Securities Exchange Act of 1934, as amended, and
forward-looking information within the meaning of Canadian
securities laws. All statements, other than statements of
historical facts, included in this press release that address
activities, events or developments that we expect or anticipate
will or may occur in the future, including such things as, the
Company's objective of creating shareholder value and its plans
related to the Mt Todd gold project, are forward-looking statements
and forward-looking information. The material factors and
assumptions used to develop the forward-looking statements and
forward-looking information contained in this press release include
the following: no change to laws or regulations impacting mine
development or mining activities, our approved business plans,
mineral resource and reserve estimates and results of
preliminary economic assessments, preliminary feasibility studies
and feasibility studies on our projects, if any, our experience
with regulators, our experience and knowledge of the Australian
mining industry and positive changes to current economic conditions
and the price of gold. When used in this press release, the words
"optimistic," "potential," "indicate," "expect," "intend,"
"hopes," "believe," "may," "will," "if," "anticipate," and similar
expressions are intended to identify forward-looking statements and
forward-looking information. Forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of
the Company to be materially different from any future results,
performance or achievements expressed or implied by such
statements. Such factors include, among others, those factors
discussed under the headings "Note Regarding Forward-Looking
Statements" and "Risk Factors" in the Company's latest Annual
Report on Form 10-K as filed in February 2019 and other
documents filed with the U.S. Securities and Exchange Commission
and Canadian securities regulatory authorities. Although we
have attempted to identify important factors that could cause
actual results to differ materially from those described in
forward-looking statements and forward-looking information, there
may be other factors that cause results not to be as anticipated,
estimated or intended. Except as required by law, we assume
no obligation to publicly update any forward-looking statements or
forward-looking information; whether as a result of new
information, future events or otherwise.
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SOURCE Vista Gold Corp.