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0 0 0.0123235652360822 0.0223901984667192 0.0164670058035395 0.00358243175467507 0.00411836354517454 0.0111055384394928
Stock impact report

Wheaton Precious Metals Corp. (WPM) Unit Commits $275M to Secure Gold Supplies in Australia [Yahoo! Finance]

Wheaton Precious Metals Corp Common Shares (Canada) (WPM) 
Last wheaton precious metals corp common shares (canada) earnings: 3/11 05:10 pm Check Earnings Report
US:NYSE Investor Relations: wheatonpm.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Metals Corp. (NYSE:WPM) subsidiary Wheaton Precious Metals International entered into a Precious Metals Purchase Agreement. Wheaton Precious Metals Corp. (WPM) Unit Commits $275M to Secure Gold Supplies in Australia The agreement with a wholly owned subsidiary of KGL Resources Limited concerns a portion of the gold and silver produced at the Jervois Project in Australia. Under the terms of the agreement, the unit is to pay KGL $275 million in total upfront cash, in two installments of $16 million each, and the remaining $243 million in four equal installments. The company is to finance the majority of the upfront payment through operating cash flows. In return, Wheaton is entitled to the purchase of 75% of payable gold until 45,000 ounces and 37.5% until an additional 15,000 ounces are delivered. Wheaton will also purchase 75% of payable silver until 4.3 million ounces are delivered, and then 37.5% until an additional 1.7 million ounces are delivered. “This is a fully permitte Show less Read more
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