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EXHIBIT 1.02
SUPPLEMENTAL WARRANT INDENTURE
This Supplemental Warrant Indenture is made as of November 1, 1996,
BETWEEN:
VISTA GOLD CORP., a company amalgamated under the laws of the
Province of British Columbia, having its head office at ▇▇▇▇▇
▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇.▇.▇. ▇▇▇▇▇
(the "Company")
AND:
MONTREAL TRUST COMPANY OF CANADA, a trust company incorporated
under the laws of Canada, having an office at ▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇
(the "Trustee").
WHEREAS:
A. Granges Inc. ("Granges") and the Trustee entered into a
Warrant Indenture (the "Indenture") dated as of June 7, 1996,
providing for the creation and issue of 2,047,938 Class "A"
common share purchase warrants and 2,529,161 Class "B" common
share purchase warrants (the "Warrants");
B. Pursuant to an Amalgamation Agreement dated September 16, 1996
between Granges and Da Capo Resources Ltd. ("Da Capo"),
Granges and Da Capo amalgamated as one company on November 1,
1996 under the name "Vista Gold Corp.";
C. Article 9.1 of the Indenture permits the Company and the
Trustee to execute and deliver supplemental indentures or
instruments for any purpose not inconsistent with the terms of
the Indenture, including the correction or rectification of
any ambiguities, defective provisions, errors or omissions
therein, provided that, in the opinion of the Trustee, the
rights of the Trustee or of the Warrantholder (as defined in
the Indenture) are in no way prejudiced thereby;
D. The Trustee is of the opinion that the amendments to the
Indenture described herein do not prejudice the rights of the
Trustee or of the Warrantholder;
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NOW THEREFORE THIS SUPPLEMENTAL INDENTURE WITNESSES that, in
consideration of mutual premises and covenants of the parties, the parties
hereby covenant and agree as follows:
1. Section 2.1 of the Indenture is hereby amended by deleting the
number "1.2349792" in the fourth line thereof and replacing it
with the number "2,529,161".
2. Subsection 5.2(4) of the Indenture is hereby amended by:
(a) deleting the phrase "Special Warrant" wherever it
occurs in that subsection and replacing it with the
word "Warrant"; and
(b) deleting the phrase "Shares and Warrants" wherever it
occurs in that subsection and replacing it with the
word "Shares".
3. All other terms and conditions of the Indenture which are not
hereby specifically amended shall remain in full force and
effect.
4. This Supplemental Warrant Indenture may be executed in any
number of original or facsimile counterparts, each of which
will be deemed to be an original but all of which together
will constitute one and the same document.
IN WITNESS WHEREOF this Supplemental Warrant Indenture is
executed as of the date first above written.
VISTA GOLD CORP.
By:
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By:
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MONTREAL TRUST COMPANY OF CANADA
By:
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By:
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