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Strategies & Market Trends : Ride the Tiger with CD

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From: Rollocaster9/6/2006 6:04:07 PM
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SLW now has 19% of BCM... official!

stockhouse.ca

Silver Wheaton Increases Interest in Bear Creek Mining Corporation to 19%
9/6/2006

VANCOUVER, BRITISH COLUMBIA, Sep 06, 2006 (MARKET WIRE via COMTEX News Network) --
Silver Wheaton Corp. (TSX: SLW)(NYSE: SLW) ("Silver Wheaton") has acquired 2,314,600 additional shares in Bear Creek Mining Corp. ("Bear Creek"), representing approximately 6% of the outstanding shares of Bear Creek, on the TSX Venture Exchange at a cost of CDN$20.6 million. As a result of this transaction, Silver Wheaton owns 7,676,505 common shares of Bear Creek and warrants exercisable to acquire an additional 270,000 common shares, representing approximately 19.1% of the outstanding shares of Bear Creek on an undiluted basis, and 16.8% on a fully diluted basis.

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