ALLIED GOLD ANNOUNCES FIRST CONSTRUCTION PAYMENT UNDER STREAMING AGREEMENT WITH WHEATON PRECIOUS METALS, AND US$75 MILLION GOLD PREPAY ARRANGEMENT
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Allied Gold Corporation has received the first construction payment under a $175 million streaming agreement with Wheaton Precious Metals. Additionally, Allied has arranged a $75 million gold prepay.
December 19, 2024 | 4:15 pm
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Wheaton Precious Metals' subsidiary has made the first construction payment to Allied Gold under a $175 million streaming agreement, indicating progress in their partnership.
The payment signifies the advancement of the streaming agreement, which is a positive development for Wheaton Precious Metals as it strengthens its portfolio and future revenue streams.
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