Workflow
ALLIED GOLD ANNOUNCES FIRST CONSTRUCTION PAYMENT UNDER STREAMING AGREEMENT WITH WHEATON PRECIOUS METALS, AND US$75 MILLION GOLD PREPAY ARRANGEMENT
GOLDBarrick(GOLD) Prnewswire·2024-12-19 15:59

TORONTO, Dec. 19, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce the receipt of the first construction payment under its previously announced US175millionstreamingagreementwithWheatonPreciousMetalsInternationalLtd.,awhollyownedsubsidiaryofWheatonPreciousMetalsCorp.("Wheaton")(seepressreleasedatedDecember5,2024).ThefirstofthefourplannedpaymentsfromWheatonisintheamountofUS175 million streaming agreement with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. ("Wheaton") (see press release dated December 5, 2024). The first of the four planned payments from Wheaton is in the amount of US43,750,000 and the fu ...