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Guardian Metal Resources Plc press release

Vista Gold Corp. Repays Debt in Full, Ahead of Schedule

OTC - OTC Markets ยท United Kingdom

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DENVER, April 2, 2014/CNW/ - Vista Gold Corp. ("Vista") (NYSE MKT and TSX: VGZ) today announced it has repaid its 2013 loan facility ("2013 Facility") in full. The 2013 Facility balance, which had been reduced to approximately $1.3 millionin February 2014, was due March 31, 2015.

Frederick H. Earnest, President and Chief Executive Officer, commented, "I am pleased to report that Vista is debt free. The recent improvements to our balance sheet, together with the benefits of our cost reduction efforts have created the opportunity for us to repay our debt ahead of schedule, which allows us to avoid approximately $100kof cash interest charges."

About Vista Gold Corp.

Vista's principal assets include its flagship Mt. Todd gold project in Northern Territory, Australia, and an 11.2% holding in Midas Gold Corp. In addition to non-core projects in Mexicoand California, Vista holds royalty interests in projects in Boliviaand Indonesia. For more information about our projects, including technical studies and resource estimates, please visit our website at www.vistagold.com.

For further information, please contact Connie Martinezat (720) 981-1185.

SOURCE Vista Gold Corp.

http://www.vistagold.com

Copyright CNW Group 2014

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