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0 0.000162892979312675 -0.000977357875875471 0 -0.000651571917250353 0.000895911386219249 -0.000977357875875471 -0.000977357875875471
Stock impact report

ALLIED GOLD ANNOUNCES $175 MILLION STREAMING AGREEMENT WITH WHEATON PRECIOUS METALS INTERNATIONAL SECURING FINANCING FOR ITS KURMUK PROJECT [Globe and Mail, The (Toronto, Canada)]

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
entered into final documentation for a streaming transaction (the "Stream Transaction") with Wheaton Precious Metals International Ltd. ("WPMI"), a wholly-owned subsidiary of Wheaton Precious Metals Corp., ("Wheaton"). Under the terms of the streaming agreement, Allied will receive an aggregate $175 million upfront cash payment (the "Advance Amount") to support the funding of its growth strategy underpinned by the development of its low-cost, fully permitted, and highly prolific Kurmuk project in Ethiopia The Stream Transaction with WPMI strongly endorses the quality and significant value of the Kurmuk project, and the ongoing execution and exploration efforts being carried out by the Company. This Stream Transaction further advances the Company's financial strategy during its transformative growth phase at an attractive cost of capital, contributing to de-risking Kurmuk's execution with a comprehensive financing package supporting the advancement of initiatives to unlock further up Show less Read more
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