On October 24, 2023, Waterton Global Resource Management and Waterton Copper Corporation (“Waterton Copper”) announced the acquisition by Wheaton Precious Metals Corporation of a US$115-million silver stream on the Mineral Park Mine in Arizona owned by Waterton Copper and the provision of a US$25-million secured debt facility from Wheaton to Waterton Copper.

Davies Ward Phillips & Vineberg LLP represented Waterton Global Resource Management with a team that included Richard Fridman and Brett Seifred (Corporate); Scott Hyman (Banking); Christopher Anderson, Peter Glicklich, Elie Roth, Jennifer Lee and Zachary Kling (Tax).

McCarthy Tétrault LLP represented Wheaton Precious Metals.

Parr Brown Gee & Loveless acted as counsel to the vendor.