Artemis Gold Inc. Acquires Vista Gold Corp. to Advance Mt Todd Gold Project

Artemis Gold Inc. announced the agreement to acquire Vista Gold Corp. on September 22, 2026. The agreement, signed on September 20, stipulates that shareholders of Vista Gold Corp. would receive 0.0966 buyer common shares for each existing common share. This share exchange would give shareholders approximately 5% of the combined company, excluding Artemis Gold Inc.'s existing 4.95% stake, which it plans to cancel upon completion.

The acquisition of Vista Gold Corp., which holds the Mt Todd gold project in Australia, aims to provide the necessary capital and execution experience to bring the project into production. Artemis Gold Inc. operates the Blackwater mine in British Columbia, and the company's management suggests its cash generation could support the development of the Mt Todd project.