Friday, December 11, 2020
9:54 AM EST – Capstone Mining Corp. : Has, through a wholly-owned subsidiary, entered into a definitive Precious Metals Purchase Agreement with Wheaton Precious Metals International Ltd., a wholly-owned subsidiary of Wheaton Precious Metals Corp. Wheaton will pay an upfront cash consideration of $150 million upon closing 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. Capstone Mining Corp. (T.CS) shares were up $0.07 at 2.05.
Stocks in Play: Capstone Mining Corp., Fri, 11 Dec 2020 10:00:01 EST