8/3/2023

speaker
Lara
Conference Operator

Ladies and gentlemen, welcome to Vista Gold's second quarter 2023 financial results and corporate update conference call. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question and answer session. At that time, participants are asked to press star 1 to register for a question. For assistance during the call, please press star 0 on your touchstone phone. As a reminder, this conference is being recorded. Today is Thursday, August 3rd, 2023. It's now my pleasure to introduce Pamela Solley, Vice President of Investor Relations. Please go ahead.

speaker
Pamela Solley
Vice President of Investor Relations

Thank you, Lara, and good morning, everyone. Thank you for joining the Vista Gold second quarter 2023 financial results and corporate update conference call. I'm Pamela Solley, Vice President of Investor Relations. On the call today is Fred Earnest, President and Chief Executive Officer of and Doug Tobler, Chief Financial Officer. During the course of this call, we will be making forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of VISTA to be materially different from results, performance, or achievements expressed or implied by such statements. Please refer to our most recently filed Form 10-Q for details of risks and other important factors that could cause actual results to differ materially from those in our forward-looking statements. I will now turn the call over to Fred Earnest.

speaker
Fred Earnest
President and Chief Executive Officer

Fred Earnest Thank you, Pam, and thank you, everyone, for joining us on the call today. This morning I'm pleased to highlight the extension of VISTA's agreement with the Northern Territory of Australia and actions taken by the Northern Territory to make the territory more competitive and attractive for mining investment. The extension of our agreement with the NT government was a very important achievement as we continue our activities to de-risk Mt. Todd and demonstrates our strong relationship with the NT government and local stakeholders. Recent recommendations from the Northern Territory's Mineral Development Task Force reflect the territory's commitment to enhance and increase mining investment in the territory. As these recommendations are implemented, we believe VISTA and the Mt. Todd Gold Project will benefit in several ways. I will discuss both of these topics in greater detail later in the call. Following VISTA's annual general meeting of shareholders in late April, we resized our board of directors from seven members to five and named Tracy Stevenson as the company's new chair. The strategic process with CIBC Capital Markets is ongoing, and we continue to take actions to implement cost reductions, which have had a positive impact on VISTA's financial position for a second consecutive quarter. VISTA continues to have no debt. We remain committed to the health and safety of our employees and to environmental stewardship at Mount Todd. There have been no lost-time accidents this year, and the site has now achieved 621 consecutive accident-free days. I'll now turn the time over to Doug Tobler for a review of our financial results for the quarter ended June 30, 2023.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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