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(All amounts in US$ unless otherwise specified)
Capstone Mining Corp. ( Capstone or the Company ) (TSX:CS) is pleased to announce that it has closed the previously announced Precious Metals Purchase Agreement (the Stream Agreement ) with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. (collectively, Wheaton ). All conditions to complete the Stream Agreement have been fulfilled and Capstone has received $150 million from Wheaton for 50% of the silver production until 10 million ounces have been delivered, thereafter dropping to 33% of silver production, for the life of mine from the Company s Cozamin Mine in Zacatecas, Mexico ( Cozamin ). Wheaton will make ongoing payments equal to 10% of the spot silver price at the time of delivery for each ounce delivered to them.
(All amounts in US$ unless otherwise specified) Capstone Mining Corp. ("Capstone" or the "Company") (TSX:CS) is pleased to announce that it has, through a wholly-owned subsidiary, entered into a definitive Precious
Capstone Mining Corp.: Capstone Announces $150 Million Streaming Agreement with Wheaton Precious Metals for 50% of Silver at Cozamin finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Capstone Announces $150 Million Streaming Agreement with Wheaton Precious Metals for 50% of Silver at Cozamin - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.