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Coeur D'Alene Mines Requests Wheaton Shareholders' List; Wheaton Announces Formation of Special Committee.


VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- Wheaton River Minerals Ltd. (AMEX AMEX

See: American Stock Exchange
: WHT WHT White
WHT Web Hosting Talk (forum)
WHT Whatever Happened To
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) (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
: WRM WRM World Rainforest Movement
WRM War Reserve Materiel
WRM White Rose Movement (UK band)
WRM Windows Rights Management (Microsoft)
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) today announced that it has received a written request from Coeur d'Alene Mines Corporation ("CDE (1) (Computer Desktop Encyclopedia) What you are reading at this very moment. See About this product.

(2) (Common Desktop Environment) A user interface for desktop computing from The Open Group.
") for a list of Wheaton's shareholders. Wheaton is required to provide the list to CDE within 10 days. CDE is permitted to use the list for certain specified purposes, including in connection with an offer to acquire the shares of Wheaton.

Ian Telfer, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Wheaton said "It appears that CDE is preparing to make an offer directly to our shareholders."

Wheaton also announced that its Board of Directors has appointed a Special Committee of the Board comprised of three independent directors, Douglas Holtby, as Chair, Larry Bell and Ian McDonald. The Special Committee is to review and consider the IAMGold combination, the unsolicited proposal made to Wheaton by CDE, and any further proposals made to Wheaton or its shareholders by third parties and make recommendations to the Board. The Special Committee is authorized to engage financial, legal and other advisors to assist it.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement under the United States Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, including but not limited to those with respect to the price of gold, silver and copper, the timing and amount of estimated future production, costs of production, reserve determination and reserve conversion rates involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievement of Wheaton River to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to the integration of acquisitions, risks related to international operations, risks related to joint venture operations, the actual results of current exploration activities, actual results of current reclamation activities, conclusions of economic evaluations, changes in project parameters as plans continue to be refined, future prices of gold, silver and copper, as well as those factors discussed in the section entitled "Risk Factors" in the Form 40-F as on file with the Securities and Exchange Commission in Washington, D.C. Although Wheaton River has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
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Publication:Business Wire
Geographic Code:1USA
Date:Jun 16, 2004
Words:445
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