Wheaton tops up the till (October 17, 2003)

Wheaton River Minerals (WRM-T) has raised $120 million via a bought deal that saw the company sell 38.1 million shares at $3.15 apiece.

Each unit comprises one share plus half a share purchase warrant good for an additional share at $3.10 per share until Aug. 25, 2008.

The company plans to use apply the proceeds toward advancement of its mineral properties, potential acquisitions and general corporate uses.

Wheaton River is due to release its third-quarter financial results on Nov. 17.

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