On July 1, 2019, in connection with the appointment of Mr. Douglas Tobler as the Company’s Chief Financial Officer, the Compensation Committee and the Board of Directors approved the grant to Mr. Tobler of 150,000 stock options with an exercise price of $0.77 per share. The Options were granted to the terms and conditions of the Company’s Stock Option Plan. The options expire on June 27, 2024 and vest one-half on July 1, 2019 and one-half on June 27, 2020.

About VISTA GOLD CORP. (TSE:VGZ)

Vista Gold Corp. is engaged in the gold mining industry. The Company is focused on the evaluation, acquisition, exploration and advancement of gold exploration. The Company operates in the segment of evaluation, acquisition and exploration activities, which are focused principally in Australia and North America. The Company’s assets include the Mt Todd gold project in Northern Territory, Australia; interest in Midas Gold Corp.; non-core projects in Mexico and the United States, and royalty interests in project in Mexico and Indonesia. The Mt Todd gold project is located approximately 60 kilometers by road northwest of Katherine, Northern Territory, Australia, and over 250 kilometers southeast of Darwin. The Company operates Mt Todd gold project through its subsidiary, Vista Gold Australia Pty. Ltd (Vista Gold Australia). Total land holdings controlled by Vista Gold Australia are approximately 140,000 hectares.