3 1 d50555_form-3.txt FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* Exploration Capital Partners 2000 Limited Partnership -------------------------------------------------------------------------------- (Last) (First) (Middle) c/o Global Resource Investments Ltd. 7770 El Camino Real -------------------------------------------------------------------------------- (Street) Carlsbad CA 92009 -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) April 26, 2002 ________________________________________________________________________________ 3. IRS or Social Security Number of Reporting Person (Voluntary) 88-0384205 ________________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol Vista Gold Corp. (VGZ) ________________________________________________________________________________ 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) ________________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) N/A ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check applicable line) [_] Form Filed by One Reporting Person [X] Form Filed by More than One Reporting Person ================================================================================ Table I -- Non-Derivative Securities Beneficially Owned ================================================================================

3. Ownership Form: 2. Amount of Securities Direct (D) or 1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership (Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v). (Over) Page 1 of 3 FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ================================================================================

5. Owner- 3. Title and Amount of Securities ship Underlying Derivative Security Form of 2. Date Exercisable (Instr. 4) Derivative and Expiration Date --------------------------------- 4. Conver- Security: (Month/Day/Year) Amount sion or Direct 6. Nature of ---------------------- or Exercise (D) or Indirect Date Expira- Number Price of Indirect Beneficial 1. Title of Derivative Exer- tion of Derivative (I) Ownership Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------------ Debentures (1) 4/26/02 3/18/07 Common Shares (1) 44,912,280 $.0513 (1) D common shares ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================

Explanation of Responses: (1) The issuance of the underlying securities into which the Debentures are convertible was approved at the Issuer's Annual and Special General Meeting (of Shareholders) held on April 26, 2002. The Debentures are convertible into units (the "Debenture Units") at a price of $.0513 per Debenture Unit, each consisting of one Common Share and one 5-year purchase warrant exercisable to purchase one Common Share at an exercise price of $.075 per share. Exploration Capital Partners 2000 Limited Partnership By: Resource Capital Investment Corp. General Partner By: /s/ Arthur Richards Rule ----------------------------------- Arthur Richards Rule, President May 2, 2002 ---------------- Date ---------- ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 of 3 Joint Filer Information Name: Resource Capital Investment Corp. Address: c/o Global Resource Investments Ltd. 7770 El Camino Real Carlsbad, CA 92009 Designated Filer: Exploration Capital Partners 2000 Limited Partnership Issuer and Ticker Symbol: Vista Gold Corp. (VGZ) Date of Event Requiring Statement: 4/26/02 Signature: Resource Capital Investment Corp. By: /s/ Arthur Richards Rule --------------------------------------- Arthur Richards Rule, President Additional Explanation of Responses: Resource Capital Investment Corp. is the general partner of the Reporting Person. Page 3 of 3