Silver Wheaton Corp.

Silver Wheaton Corp.

June 30, 2005 13:30 ET

Silver Wheaton to Trade on American Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 30, 2005) - Silver Wheaton Corp. (TSX:SLW)(TSX:SLW.WT)(TSX:SLW.WT.A) is pleased to announce that its common stock has been approved for trading on the American Stock Exchange. Trading is expected to commence on Wednesday July 6, 2005 under the symbol "SLW".

The common shares and warrants will continue trading on the Toronto Stock Exchange under the symbols "SLW", "SLW.WT", and "SLW.WT.A", and the Company intends to list its warrants on the American Stock Exchange in the future.

Eduardo Luna, Chairman & Interim CEO said, "We are enthusiastic about listing on the AMEX, joining other industry leaders in the mining sector and increasing exposure to investors in the United States. This is an important step in the continuing growth of our Company."

Silver Wheaton is the only mining company with 100% of its revenue from silver production. Silver Wheaton has over US $30 million in cash and equivalents, no debt, no hedging and is well positioned for further growth. Second quarter results for 2005 will be released on July 26th.

Approval for the AMEX listing is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards. For further information regarding the American Stock Exchange, please visit

Contact Information