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Bullboard - Stock Discussion Forum SILVER WHEATON CORP. T.SLW

"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... see more

TSX:SLW - Post Discussion

SILVER WHEATON CORP. > Closing of US$800 million bought-deal common share financing
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Post by 1option1 on Mar 17, 2015 9:05am

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 proceedsRead More

Comment by v1pro on Mar 17, 2015 7:40pm
Shares issued by RBC price reduced to $18.30us at the close today.
Comment by kidl2 on Mar 18, 2015 1:06pm
Bay Street loses millions on Silver Wheaton bought deal Wednesday, March 18, 2015 TIM KILADZE The unsold shares from Silver Wheaton Corp.’s billion-dollar financing are finally in the hands of investors, but getting them there required the underwriters to endure substantial losses. Earlier this month the streaming company launched an $800-million (U.S.) bought deal, worth ...more  
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