Company has entered into a definitive agreement with Quebec’s Caisse de depot et placement to acquire an outstanding 15% interest in a portfolio of Canadian precious metals royalties for C$12.5 million, funded by cash on hand.
Wesdome said it is well-positioned to meet its 2020 production guidance of 90,000 oz. to 100,000 oz. at all-in sustaining costs of $985 to $1,040 per oz.
