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DENVER, May 18, 2011 /CNW/ -- Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) ("Vista" or the "Corporation") announces the appointment of Ms. Terri Eggert as Interim Chief Financial Officer of Vista, effective immediately. Ms. Eggert replaces our former Chief Financial Officer, Mr. Greg Marlier, who is no longer with the Corporation.
Ms. Eggert brings to Vista over 20 years of experience in public company accounting and she has spent the past 14 years in senior accounting and financial roles with large Colorado-based public companies. She played an important role in assisting Vista during the first quarter of 2011 as the Corporation strengthened its financial reporting disclosure by transitioning to and adopting United States Generally Accepted Accounting Principles (US GAAP) in preparing its financial statements.
The Corporation's Board of Directors is in the process of conducting a search for a candidate to fill the position of Chief Financial Officer on a permanent basis.
Mike Richings, Vista's Executive Chairman and Chief Executive Officer, said: "On behalf of the Board and the Corporation, I wish to thank Mr. Marlier for his seven years of service to Vista. We wish him the very best in all his future endeavours. During Vista's US GAAP transition period, Ms. Eggert has demonstrated her public company reporting skills and expertise in a number of critical financial areas for the Corporation. I am confident in her ability to serve the Corporation while we search for a qualified candidate that meets the needs of the Corporation and our executive management team on a permanent basis."
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About Vista Gold Corp.
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Vista is focused on the development of the Mt. Todd gold project in Northern Territory, Australia, and the Concordia gold project in Baja California Sur, Mexico, to achieve its goal of becoming a gold producer. Vista holds approximately 34% of the outstanding shares of Midas Gold Corp., a private exploration company, which has a large exploration property in Idaho, including the Yellow Pine property previously held by the Corporation. Vista's other holdings include the Guadalupe de los Reyes gold-silver project in Mexico, the Awak Mas gold project in Indonesia, and the Long Valley gold project in California. For more information about our projects, including technical studies and mineral resource estimates, please visit our website at http://www.vistagold.com/">www.vistagold.com.
