Wheaton Precious Metals Announces The Acquisition Of A Precious Metals Stream From Adventus Mining'S Curipamba Project
Acquiring Company
Wheaton Precious Metals
Acquired Company
Adventus Mining
VancouverTorontoMiningPrecious MetalsMineralMining TechnologyOtherMiningDescription
Wheaton Precious MetalsTM Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. ("Wheaton International") has entered into a definitive Precious Metal Purchase Agreement (the "PMPA") with Alliance Metals International, a subsidiary of Adventus Mining Corporation (collectively "Adventus") (TSX: ADZN) in respect to the Curipamba Project ("Curipamba" or the "Project") located in Ecuador. Curipamba is forecast to be a high-margin mine in the lowest half of the copper cost curve with a 10-year open-pit mine life and the potential to transition into an underground mine subsequent to the open pit1.
Quick answer
Wheaton Precious Metals is acquiring Adventus Mining, announced January 18, 2022. Wheaton Precious Metals is based in Vancouver, British Columbia, Canada.
- How much did Wheaton Precious Metals pay for Adventus Mining?
- The deal value was not disclosed.
- What does Wheaton Precious Metals do?
- Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets.
- Where are Wheaton Precious Metals and Adventus Mining based?
- Wheaton Precious Metals is based in Vancouver, British Columbia, Canada. Adventus Mining is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Wheaton Precious Metals?
- Fundz holds 4 contacts at Wheaton Precious Metals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Adventus Mining?
Adventus Mining was acquired by Wheaton Precious Metals, based in Vancouver. The deal was reported on January 18, 2022. Wheaton is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Wheaton Precious Metals is publicly traded (WPM) and operates in Mining.
When did Wheaton Precious Metals acquire Adventus Mining?
Wheaton Precious Metals's acquisition of Adventus Mining was reported on January 18, 2022. Wheaton Precious MetalsTM Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Adventus Mining do?
Adventus Mining Corporation is an Ecuador-focused copper-gold exploration and development company. Adventus Mining is majority owner of the 215 sq. It is privately held, operating in Other, and is based in Toronto.
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