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Silver Wheaton Completes $70 Million Private Placement
On August 5, 2004, Silver Wheaton Corp. (formerly Chap Mercantile Inc.) (TSX: SLW), a silver mining company, completed a private placement of subscription receipts, each exercisable to acquire one common share and one-half of one common share purchase warrant for gross proceeds of $70 million.
The offering was made through a syndicate of underwriters including GMP Securities Ltd, Canaccord Capital Corp., Research Capital Corp., Fort House Inc., Salman Partners Inc., Scotia Capital Inc. and Sprott Securities Inc.
Wildeboer Dellelce LLP represented the Underwriters with a team including Derek Sigel and Jeff Johnstone (corporate and securities).
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