ENP Newswire -
Release date- 02052014 -
A conference call with Management to discuss these results is scheduled for
Improved the balance sheet through the sale of approximately 50% of our shares in
Completed an Option Agreement to option our interest in the Guadalupe de los Reyes gold/silver project for a series of future cash payments and
Significantly reduced our Corporate G&A costs and Mt Todd gold project holding costs.
We have had productive discussions with the
Summary of First Quarter 2014 Financial Results
We reported a net loss of
Expenditures for exploration and property holding costs, principally at our Mt Todd gold project, totaled
Corporate cost reduction measures have also successfully been implemented. Corporate G&A costs totaled
Our working capital at
To review the Company's Quarterly Report on Form 10-Q for the three months ended
Management Conference Call
A conference call with management to review our financial results for the fiscal three months ended
This call will also be web-cast and can be accessed at the following web location: http://www.snwebcastcenter.com/webcast/vistagold/q1-2014/site/
This call will be archived and available at www.vistagold.com after
If you are unable to access the audio or phone-in on the day of the conference call, please email questions to
Vista's principal assets include its flagship Mt Todd gold project in
Tel: (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
The material factors and assumptions used to develop the forward-looking statements and forward-looking information contained in this press release include the following: our approved business plans, exploration and assay results, mineral resource and reserve estimates and results of preliminary economic assessments, pre-feasibility studies and feasibility studies on our projects, if any. 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.
These 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, uncertainty of resource and reserve estimates, uncertainty as to the Company's future operating costs and ability to raise capital; risks relating to cost increases for capital and operating costs; risks of shortages and fluctuating costs of equipment or supplies; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; potential effects on our operations of environmental regulations in the countries in which it operates; risks due to legal proceedings; risks relating to political and economic instability in certain countries in which it operates; as well as 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 on
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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