Vancouver, BC, June 26,
2024 /CNW/ - Wheaton Precious Metals™ Corp.
("Wheaton" or the "Company") is pleased to announce that it has
been named as one of Corporate Knights' 2024 Best 50 Corporate
Citizens in Canada.
"We are incredibly honoured to be ranked among the top 10
companies on Corporate Knights' annual list of the Best 50
Corporate Citizens in Canada,"
said Randy Smallwood, Wheaton's
President and Chief Executive Officer. "Wheaton is committed to
positively contributing to society by supporting the communities in
which we live and operate as well as providing capital and support
to mining partners that share our values and demonstrate
responsible mining practices."
The Best 50 Corporate Citizens in Canada are evaluated on a set of 25 key
performance indicators to assess how firms manage their resources,
employees and finances in comparison to their peer group, with 50%
of each company's score tied to the percentage of their revenue and
investments that qualify as sustainable.
"With a significant portion of the score linked to sustainable
revenue, this metric underscores the exceptional quality of
Wheaton's mining partners and highlights the rigorous due diligence
process we employ," said Patrick
Drouin, Chief Sustainability Officer and President of
Wheaton Precious Metals International.
Earlier this year, Wheaton was recognized among Corporate
Knights' 2024 100 most sustainable corporations in the world.
To learn more about Wheaton's sustainability approach and
commitments, please visit the website at:
www.wheatonpm.com/Sustainability.
About Wheaton Precious Metals Corp.
Wheaton Precious Metals is the world's premier precious metals
streaming company with the highest-quality portfolio of long-life,
low-cost assets. Its business model offers investors leverage to
commodity prices and exploration upside but typically with a much
lower risk profile than a traditional mining company. Wheaton
delivers amongst the highest cash operating margins in the mining
industry, allowing it to pay a competitive dividend and continue to
grow through accretive acquisitions. As a result, Wheaton has
consistently outperformed gold and silver, as well as other mining
investments. Wheaton is committed to strong ESG practices and
giving back to the communities where Wheaton and its mining
partners operate. Wheaton creates sustainable value through
streaming.
Cautionary Note Regarding Forward Looking-Statements
This press release contains "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995 and "forward-looking information" within the
meaning of applicable Canadian securities legislation concerning
the business, operations and financial performance of Wheaton.
Forward-looking statements, which are all statements other than
statements of historical fact, include, but are not limited to,
statements with respect to ESG commitments by Wheaton and at
mineral stream interests currently owned by Wheaton (the "Mining
Operations"). Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Wheaton to be materially different from those expressed or implied
by such forward-looking statements including (without limitation)
risks related to climate change, environmental, social and
governance matters, the ability to achieve ESG commitments and
goals at both Wheaton and the Mining Operations and other
risks discussed in the section entitled "Description of the
Business – Risk Factors" in Wheaton's Annual Information Form
available on SEDAR+ at www.sedarplus.ca and Wheaton's Form 40-F for
the year ended December 31, 2023
filed March 28, 2024 with the U.S.
Securities and Exchange Commission on EDGAR and the risks
identified under "Risks and Uncertainties" in Wheaton's
Management's Discussion and Analysis for the year ended
December 31, 2023, available on
SEDAR+ and in Wheaton's Form 6-K filed March
19, 2024. Forward-looking statements are based on
assumptions management currently believes to be reasonable,
including (without limitation) that ESG commitments and goals at
both Wheaton and the Mining Operations will be achieved, that there
will be no material adverse change in the market price of
commodities, that estimations of future production from the mining
operations and mineral reserves and resources are accurate, that
the mining operations from which Wheaton purchases precious metals
will continue to operate, that each party will satisfy their
obligations in accordance with the precious metals purchase
agreements and royalty agreements, and that Wheaton's application
of the CRA Settlement (including the Company's assessment that
there will be no material change in the Company's facts or change
in law or jurisprudence for years subsequent to 2010) and
assessment of the impact of the implementation of a 15% global
minimum tax, are accurate and that expectations regarding the
resolution of legal and tax matters will be achieved (including CRA
audits involving the Company).
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SOURCE Wheaton Precious Metals Corp.