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Gold Wheaton closes US$115 million public offering

Fasken
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Client

Gold Wheaton Gold Corp.

On March 5, 2009, Gold Wheaton Gold Corp. (TSX VENTURE:GLW) announced that it had closed its previously announced $100 million equity financing, including the full exercise of the underwriters' over-allotment option, for aggregate gross proceeds to the company of $115 million. The syndicate of underwriters was co-led by Paradigm Capital Inc., Canaccord Capital Corporation, and GMP Securities L.P. and included BMO Nesbitt Burns Inc., and Scotia Capital Inc. Gold Wheaton intends to use the net proceeds from the offering to pay the balance of the purchase consideration payable by Gold Wheaton in connection with the First Uranium Corp. gold stream purchase transaction and the remainder, for general working capital purposes. Fasken Martineau acted as Canadian counsel to Gold Wheaton with a team that included Iain Mant, Benjamin Lee and Caroline Clapham (securities) and Frank Schober (tax) .

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