Wheaton River Minerals Raises $126.5M for Special Warrant Financing

Wheaton River Minerals Ltd., raised $126.5 million for a special warrant financing to acquire a Mexican gold and silver producer. Wheaton used the proceeds to purchase all of the outstanding shares of Minas Luismin S.A. de C.V., which is the fourth-largest producer of gold and the third- largest producer of silver in Mexico. The deal closed on May 30, 2002.

Wheaton was represented by Cassels Brock & Blackwell LLP, with a team led by Paul Stein and including Mark Bennett, Jennifer Traub and Chad Accursi. Fraser Milner Casgrain LLP acted for the underwriters: Griffiths McBurney & Partners, BMO Nesbitt Burns Inc., Canaccord Capital Inc. and Haywood Securities. The FMC team included Grant Haynen and David Medina.