11/8/2023

speaker
Kelsey
Conference Call Operator

Ladies and gentlemen, welcome to the VISTA Goals Third Quarter 2023 Financial Results and Corporate Update Conference Call. At this time, all participants are in 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 touchtone phone. And as a reminder, this conference is being recorded today. It's Wednesday, November 8th, 2023. It is now my pleasure to introduce Ms. Pamela Sully, Vice President of Investor Relations. Please go ahead.

speaker
Pamela Sully
Vice President of Investor Relations

Thank you, Kelsey, and good afternoon, everyone. Thank you for joining the VISTA Gold Corps Third Quarter 2023 Financial Results and Corporate Update Conference Call. I'm Pamela Sully, Vice President of Investor Relations. On the call today is Fred Ernest, President and Chief Executive Officer, 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 risk 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 Ernest
President and Chief Executive Officer

Fred Earnest Thank you, Pam. And thank you, everyone, for joining us on the call this afternoon. During the third quarter, we continued to work with CIBC Capital Markets. We maintained our ongoing cost reduction programs, managed our safety and environmental programs without incident, and presented at the Precious Metals Summit in Beaver Creek, Colorado. As part of our work with CIBC, we continue to explore transaction opportunities and host Mt. Todd site visits with interested parties. We remain diligent in the execution of our strategy to seek an appropriate transaction to maximize shareholder value, but understand the completion of a transaction may depend on sustained improvement and stability in the economy and capital markets. Cost reductions are ongoing, and we are on track to achieve a 7% reduction in 2023 recurring costs compared to 2022. Vista continues to have no debt. In September, we attended the Precious Metals Summit in Beaver Creek, Colorado, where we met with shareholders, potential investors, mining companies, and others. The completion of the internal scoping study earlier this year generated interest among shareholders, investors, and potential transaction parties. We remain committed to the health and safety of our employees and to our environmental stewardship at Mt. Todd. There have been no lost time incidents this year, and the site has now reached 690 consecutive accident-free days. I will discuss these topics in greater detail later in the call. But now, I will now turn the time over to Doug Tubler for a review of our financial results for the quarter-ended September 30, 2023. Doug Tubler Thank you, Fred.

Disclaimer

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