Gold Wheaton Gold Corp.

Gold Wheaton Gold Corp.
Kadywood Capital Corp.
NEX BOARD : KDC.H

June 19, 2008 14:34 ET

Gold Wheaton Increases Private Placement Financing to Maximum of Cdn$260 Million

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2008) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Gold Wheaton Corp. ("Gold Wheaton", currently known as Kadywood Capital Corp.) (NEX:KDC.H) is pleased to announce that it has increased its previously announced private placement financing from Cdn$200 million to a maximum of Cdn$260 million. Paradigm Capital Inc., as lead agent, together with Canaccord Capital Corp. and GMP Securities L.P., as co-bookrunners, and a syndicate including BMO Capital Markets and Brant Securities Limited, have agreed to sell, on a best efforts basis, by way of private placement, up to 520 million subscription receipts at a price of Cdn$0.50 per subscription receipt for gross proceeds of up to Cdn$260 million. Gold Wheaton has been advised by the agents that the offering has been fully allocated and closing is expected to occur on July 8, 2008.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of the content of this news release.

Contact Information

  • Gold Wheaton Corp.
    (currently known as Kadywood Capital Corp.)
    David Cohen, Chairman and Chief Executive Officer
    (778) 373-0107