Vista Gold Corp. (VGZ) has entered into a definitive Arrangement Agreement to be acquired by Artemis Gold Inc. in an all-stock transaction. The acquisition will be executed via a court-approved plan of arrangement, resulting in Vista becoming a subsidiary of Artemis Gold.

Key Details

  • Transaction Terms: Vista shareholders will receive 0.0966 of an Artemis Gold Inc. common share for each Vista common share held.
  • Agreement & Termination: The agreement, dated September 20, 2026, includes a termination fee of US$18,148,536 payable by Vista to Artemis under certain conditions. The deal has an outside date of April 15, 2027.
  • Conditions & Approvals: The transaction is subject to customary closing conditions, including approval by Vista shareholders, court approval, and regulatory approvals in Australia. Dissent rights must not be exercised by more than 7.5% of outstanding shares.