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Wheaton Precious Metals announces acquisition of gold stream from Sabina Goose Project

Date Announced

February 8, 2022

Lead Office

Vancouver

Value

145.00 Million USD

On February 8, 2022, Wheaton Precious Metals announced that it entered into a purchase agreement to acquire a gold stream from Sabina Gold & Silver Corporation’s Goose Project located in Nunavut. Wheaton will pay Sabina an upfront payment of US$125 Million during the construction of the Goose Project. 

Wheaton also intends to invest US$20 Million in Sabina Gold and Silver Corporation by way of a private placement.

Wheaton Precious Metals is one of the world's largest precious metals streaming companies, based in Vancouver, BC.

McCarthy Tétrault LLP is advising Wheaton Previous Metals with a team led by Roger Taplin that included Chris Langdon, Patrick Deutscher, Ainslie Hurd, Chris Zawadzki, David Frost and Kyle Riddell (Business).

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