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Wheaton River Minerals Ltd. Acquires Miranda Mining Corporation

May 11, 2016

In October 30, 2003 Vancouver-headquartered Wheaton River Minerals Ltd. acquired a 100% interest in the Los Filos Gold Deposit and a 21.2% interest in the El Limon Gold Deposit, both located in the State of Guerrero, Mexico, for US$87 million in cash. Wheaton River acquired a 30% interest in the Los Filos Gold Deposit together with a 21.2% interest in the El Limon Gold Deposit as a result of its acquisition of all of the outstanding shares of Miranda Mining Corporation by way of a take-over bid for US$38.6 million. Wheaton River acquired the remaining 70% interest in the Los Filos Gold Deposit from Teck Cominco Limited in consideration for US$48.4 million. Wheaton River plans to bring the Los Filos Gold Deposit into production by 2006.

Paul Stein, Jeffrey Roy, Ann Watterworth, Erik Goldsilver and John McFarlane of Cassels Brock & Blackwell LLP in Canada and Manuel Galicia, Rodrigo Cortina and Edgar Romoof Franck Galicia y Robles in Mexico City acted for Wheaton River; Blair Horn and Richard McDerby of Fraser Milner Casgrain LLP in Vancouver acted for Miranda Mining Corporation.

Teck Cominco was represented by Peter Rozee, Vice President, Commercial and Legal Affairs of Teck Cominco and by Geoff Myer of Lang Michener LLP in Toronto and by Rodrigo Sánchez Mejorada of Sánchez Mejorada Velasco y Valencia of Mexico City.

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