Silver Wheaton Corp. (TSX; NYSE: SLW), Vancouver, streaming company –-financing method consisting on offering payment in advance to mining companies in exchange for a percentage of secondary metals production they will produce in the future– announced that its volumes of sale grew 35% in Q1’17, compared to the same period in 2016.
“For the third quarter in a row, earnings were shared among silver and gold contracts, which is in line with the proposed change of legal name to Wheaton Precious Metals”, the company said.
…and announces a new legal name from May 16
It added that shareholders approved last May 10, a new special resolution to change the company’s name to Wheaton Precious Metals. The new company will begin trading its shares with the mnemonic “WPM” from May 16.