Gold Wheaton and Franco-Nevada Announce Court Approval of Arrangement
posted on
Mar 14, 2011 08:40AM
Gold Wheaton purchases the gold by-product streams from the production of existing mines or mines currently being constructed.
cnw  
VANCOUVER, March 11 /CNW/ - Gold Wheaton Gold Corp. (TSX: GLW) ("Gold
 Wheaton") and Franco-Nevada Corporation (TSX: FNV) ("Franco-Nevada")
 announced today that Gold Wheaton has obtained a final order from the
 Supreme Court of British Columbia with respect to the previously
 announced plan of arrangement (the "Arrangement") between Franco-Nevada
 and Gold Wheaton. 
As all conditions to completion of the Arrangement have been satisfied
 or waived, Gold Wheaton and Franco-Nevada expect to complete the
 Arrangement on or about March 14, 2011.
About Gold Wheaton
Gold Wheaton Gold Corp. (TSX: GLW) is a gold company with 100% of its
 operating revenue from the sale of gold and precious metals produced by
 others. The streams include production from Quadra FNX's Sudbury
 operations and First Uranium Corporation's Mine Waste Solutions and
 Ezulwini operations.
About Franco-Nevada
Franco-Nevada Corporation (TSX: FNV) is a gold-focused royalty and
 streaming company with additional interests in platinum group metals,
 oil and gas and other assets. Its portfolio of high-margin cash flow
 producing assets is located principally in the United States, Canada
 and Mexico. Franco-Nevada also holds a pipeline of potential future
 cash flowing assets that are being developed, permitted or explored.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain information contained in this press release constitute
 "forward-looking statements". All statements, other than statements of
 historical fact, are forward-looking statements. The words
 "anticipates", "plans", "estimate", "expect", "expects", "expected" and
 similar expressions identify forward-looking statements.
 Forward-looking statements are necessarily based upon assumptions that,
 while considered reasonable by management, are inherently subject to
 significant business, economic and competitive uncertainties and
 contingencies. Readers are cautioned that such forward-looking
 statements involve known and unknown risks, uncertainties and other
 factors that may cause actual results, performance or achievements to
 be materially different from estimated future results, performance or
 achievements expressed or implied by those forward-looking statements
 and the forward-looking statements are not guarantees of future
 performance. These risks, uncertainties and other factors include, but
 are not limited to, any other risks that could affect completion of the
 Arrangement. The forward-looking statements contained in this press
 release are based upon assumptions management of the companies believe
 to be reasonable, including, without limitation, assumptions relating
 to completion of the Arrangement. Readers should not place undue
 reliance on forward-looking statements because of the inherent
 uncertainty. For additional information with respect to risks,
 uncertainties and assumptions, please also refer to the "Risk Factors"
 sections of our most recent Annual Information Forms filed with the
 Canadian securities regulatory authorities on http://www.sedar.com/">www.sedar.com, as well as our annual and interim MD&As. The forward-looking
 statements herein are made as of the date of this press release only
 and the companies do not assume any obligation to update or revise them
 to reflect new information, estimates or opinions, future events or
 results or otherwise, except as required by applicable law. 
For further information: David Cohen David Harquail
  Chairman & CEO Gold Wheaton Gold Corp. President & CEO Franco-Nevada Corporation
  778-373-0107 416-306-6300