SILVER WHEATON CORP. T.SLW

Metals & Mining Silver

"Silver Wheaton is a pure, unhedged paper proxy on silver prices with a unique business model. The company purchases silver for sale through long-term purchase contracts from counterparties. Currently, the company has long-term silver purchase contracts with more than a dozen mines. Silver Wheaton purchased and sold roughly 28 million silver-equivalent ounces in 2012 through its purchase sales contracts."

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SILVER WHEATON CORP. > Closing of US$800 million bought-deal common share financing

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Post by 1option1on Mar 17, 2015 9:05am

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Closing of US$800 million bought-deal common share financing

Silver Wheaton announces closing of US$800 million bought-deal common share financing

TSX: SLWNYSE: SLW VANCOUVER, March 17, 2015 /CNW/ - Silver Wheaton Corp. ("Silver Wheaton" or the "Company") (TSX:SLW) (NYSE:SLW) has closed its previously announced bought-deal common share financing. A total of 38,930,000 common shares of Silver Wheaton were sold at a price of US$20.55 per share (the "Offering"), for aggregate gross proceeds to Silver Wheaton of approximately US$800 million. Silver Wheaton intends to use the net proceeds…Read More