Vista Gold Announces Second Quarter 2026 Financial Results (Form 8-K)

Vista Gold Announces Second Quarter 2026 Financial Results

Denver, Colorado, July 29, 2026 - Vista Gold Corp. (NYSE American and TSX: VGZ) today announced its unaudited financial results for the quarter ended June 30, 2026, with cash totaling $49.5 million at quarter-end. All dollar amounts in this press release are in U.S. dollars.

Frederick H. Earnest, President and CEO of Vista Gold, stated, "The second quarter marked another period of disciplined execution as we continued to advance Mt Todd toward development. We achieved meaningful progress on permitting, added to our Australia-based project leadership team, progressed technical optimization programs, and advanced project execution planning in line with our plans to commence detailed engineering and design in 2027.

"With our strong cash position, we are well funded to continue achieving our interim project development objectives while systematically reducing development risk. As we build our Australian leadership team and complete the technical and regulatory milestones ahead of us, we are positioning Mt Todd for the start of detailed engineering and design and the beginning of an approximately 27-month period encompassing construction and commissioning."

Summary of Financial Results

Vista reported a consolidated net loss of $3.0 million, or $0.02 per common share, for the quarter ended June 30, 2026, compared to a consolidated net loss of $2.4 million, or $0.02 per common share, for the quarter ended June 30, 2025.

Cash and cash equivalents totaled $49.5 million at June 30, 2026, compared to $13.6 million at December 31, 2025. Vista continued to have no debt.

Management Conference Call

Management's conference call to review financial results for the quarter ended June 30, 2026 and to discuss corporate and project activities is scheduled for July 30, 2026 at 10:00 a.m. MDT (12:00 p.m. EDT).

Participant Toll Free: +1 (800) 717-1738

Participant International: +1 (289) 514-5100

Conference ID: 76232

This call will be archived and available at www.vistagold.com after July 30, 2026. An audio replay will also be available through August 16, 2026 by calling toll-free in North America +1 (888) 660-6264 or +1 (289) 819-1325 using passcode 76232#.

If you are unable to access the audio or phone-in on the day of the conference call, please email your questions to [email protected].

About Vista Gold Corp.

Vista holds the Mt Todd gold project, located in the Tier-1 mining jurisdiction of Northern Territory, Australia. Mt Todd is among the largest development-stage projects in Australia. The Company has defined a clear pathway to value realization, targeting the commencement of detailed engineering and design in 2027. This milestone is expected to initiate an approximately 27-month period of design, construction, and commissioning, culminating in first gold production.

Mt Todd offers strong project economics, significant initial production, and compelling expansion and exploration upside. Mt Todd benefits from advanced local infrastructure, options for future expansion, and broad community support, underpinning its potential to become a long-lived, globally significant gold operation.