Nov 3 (Reuters) - Silver Wheaton Corp SLW.TO :
* Acquires silver stream from glencore's antamina mine
* Says deal valued at $900 million
* Says swc will pay Glencore (L:GLEN) cash consideration of US$900 million for the
silver stream
* Says swc will make ongoing payments of 20% of spot price per silver ounce
delivered
* Says for 2015, Silver Wheaton now forecasts 44.5 million ounces of silver
equivalent production4
* Silver Wheaton caymans) ltd. ("swc"), has agreed to acquire from anani
investments ltd
* Says for 2015, Silver Wheaton now forecasts 44.5 million ounces of silver
equivalent production
* Upfront cash payment of US$900 million to be paid with cash on hand, amounts
drawn from the company's $2 billion revolving credit facility
* Swc agreed to acquire from Glencore an amount of silver equivalent to 33.75%
of silver production from antamina mine
* Post deal, co to have no further capital commitments required to reach 2019
production guidance of 55 million silver equivalent ounces
* Once swc receives 140 million ounces of silver,swc will receive amount of
silver equivalent to 22.50% of antamina mine's silver production
* Silver Wheaton now forecasts growing to approximately 55 million ounces of
silver equivalent production4 in 2019
* Silver deliveries to be obligation of anani, but guaranteed by Glencore and
debt free entity holding glencore's interest in antamina
* Source text for Eikon ID:nPn8LqhDZ
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