Wheaton Precious Metals - London calling

On Monday, Wheaton (WPM) announced its intention to seek a listing of its shares on the main market of the London Stock Exchange (LSE). The company is not intending to raise any new capital and will be retaining its primary listing on the TSX and its dual listing on the NYSE. Nevertheless, the listing will bring one of the world's largest dividend paying precious metal companies to the LSE by end-Q420 (subject to required regulatory approvals, including publication of a prospectus etc).