Vista Gold is trading at $2.88, up 5.11%, extending its September 21 surge following Artemis Gold’s definitive acquisition agreement announcement.
- The all-stock transaction values Vista Gold at approximately $427 million; shareholders would receive 0.0966 Artemis shares per Vista share.
- The implied consideration is $2.83, and the strategic acquisition of the Mt Todd gold project remains the primary catalyst.
- Artemis Gold already owns 4.95% of Vista Gold.