Vista Gold to be Acquired by Artemis Gold in $427 Million All-Stock Deal

07:22 AM EDT, 09/21/2026 (MT Newswires) -- Vista Gold (VGZ) agreed to be acquired by Artemis Gold for about $427 million in an all-stock deal, adding the Mt. Todd gold project in Australia to Artemis' portfolio, the companies said Monday. Under the deal, Vista Gold shareholders will receive 0.0966 Artemis Gold shares for each Vista share, implying $2.83 per share and a 29% premium based on the 20-day volume-weighted average prices through Sept. 18, the companies said. Artemis said Blackwater phase 1A and EP2 expansions remain its priority, with Mt. Todd development expected to advance following completion of EP2, targeted for mid-2028, it added. Vista Gold shares were up 12% in premarket activity.