10:00 AM EST - Wheaton Precious Metals International Ltd. : Announced today that Caldas Gold has signed a non-binding term sheet to receive total cash consideration of $110 million U.S. pursuant to a Precious Metals Purchase Agreement to be entered into with Wheaton. The proceeds from the Precious Metals Stream will solely be used to fund the expansion of the Company’s mining operations in the Deeps Zone at its Marmato Project located in the Department of Caldas, Colombia. Wheaton Precious Metals International Ltd.
shares T.WPM are trading up $1.95 at $58.70.