June 26, 2024
Vancouver, British
Columbia
Wheaton Precious Metals Named
Among
Corporate Knights' 50 Best Corporate Citizens in Canada
Vancouver, British Columbia -
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.
For further information:
Investor Contact
Emma Murray
Vice President, Investor
Relations
Tel: 1-844-288-9878
Email: info@wheatonpm.com
Media Contact
Simona Antolak
Vice President, Communications &
Corporate Affairs
Tel: 604-639-9870
Email: simona.antolak@wheatonpm.com
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).