November 30, 2004
On November 30, 2004, Silver Wheaton Corp. (formerly Chap Mercantile Inc.) (TSX: SLW), a silver mining company, completed a private placement of 81 units, each unit comprising one common share and one-half of one series A common share purchase warrant, for aggregate gross proceeds of $60.75 million. Each whole series A warrant entitles the holder to purchase one common share at $1.10 until November 30, 2009.
The offering was made through a syndicate of underwriters including GMP Securities Ltd, Canaccord Capital Corp., Orion Securities Inc., First Associates Investments Inc., Fort House Inc., Haywood Securities Inc., Salman Partners Inc., Scotia Capital Inc. and Sprott Securities Inc.
Wildeboer Dellelce LLP represented the Underwriters with a team including Derek Sigel and Diana Escobar (corporate and securities).