Spanish Mountain Gold Announces Sale of a 1.5% Royalty to Wheaton Precious Metals for US$55 Million [Yahoo! Finance]
Wheaton Precious Metals Corp Common Shares (Canada) (WPM)
Last wheaton precious metals corp common shares (canada) earnings: 3/11 05:10 pm
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Source: Yahoo! Finance
Gold" (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) is pleased to announce that it has entered into a royalty agreement (the "Royalty Agreement" ) with Wheaton Precious Metals Corp. ( "Wheaton" ), pursuant to which Wheaton will acquire a 1.5% net smelter returns royalty ( "NSR" ) on gold and silver production from the Spanish Mountain Gold Project (the "Project" ) for aggregate cash proceeds of US$55 million, to be paid in three installments (the "Transaction" Spanish Mountain Gold, President, Chief Executive Officer & Director, Peter Mah, commented: "We are thrilled to partner with Wheaton. Entering into the definitive financing agreement propels the Spanish Mountain Gold project feasibility study forward, which the Company aims to complete in 18 months, enabling a build decision in 2028. This financing secures the Company's vision and strategy as an emerging precious metals developer in the Tier 1 Cariboo District, BC Canada." Wheaton Precious Metals, President & Chief Executive Office
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WPM
Earnings
- 3/12/26 - Beat
WPM
Sec Filings
- 4/9/26 - Form 6-K
- 4/7/26 - Form 6-K
- 4/2/26 - Form 6-K
- WPM's page on the SEC website