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Gold Wheaton purchases the gold by-product streams from the production of existing mines or mines currently being constructed.

Message: Gold Wheaton and Franco-Nevada Announce Court Approval of Arrangement


VANCOUVER, March 11 /CNW/ - Gold Wheaton Gold Corp. (TSX: GLW) ("Gold
Wheaton") and Franco-Nevada Corporation (TSX: FNV) ("Franco-Nevada")
announced today that Gold Wheaton has obtained a final order from the
Supreme Court of British Columbia with respect to the previously
announced plan of arrangement (the "Arrangement") between Franco-Nevada
and Gold Wheaton.

As all conditions to completion of the Arrangement have been satisfied
or waived, Gold Wheaton and Franco-Nevada expect to complete the
Arrangement on or about March 14, 2011.

About Gold Wheaton

Gold Wheaton Gold Corp. (TSX: GLW) is a gold company with 100% of its
operating revenue from the sale of gold and precious metals produced by
others. The streams include production from Quadra FNX's Sudbury
operations and First Uranium Corporation's Mine Waste Solutions and
Ezulwini operations.

About Franco-Nevada

Franco-Nevada Corporation (TSX: FNV) is a gold-focused royalty and
streaming company with additional interests in platinum group metals,
oil and gas and other assets. Its portfolio of high-margin cash flow
producing assets is located principally in the United States, Canada
and Mexico. Franco-Nevada also holds a pipeline of potential future
cash flowing assets that are being developed, permitted or explored.


Certain information contained in this press release constitute
"forward-looking statements". All statements, other than statements of
historical fact, are forward-looking statements. The words
"anticipates", "plans", "estimate", "expect", "expects", "expected" and
similar expressions identify forward-looking statements.
Forward-looking statements are necessarily based upon assumptions that,
while considered reasonable by management, are inherently subject to
significant business, economic and competitive uncertainties and
contingencies. Readers are cautioned that such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results, performance or achievements to
be materially different from estimated future results, performance or
achievements expressed or implied by those forward-looking statements
and the forward-looking statements are not guarantees of future
performance. These risks, uncertainties and other factors include, but
are not limited to, any other risks that could affect completion of the
Arrangement. The forward-looking statements contained in this press
release are based upon assumptions management of the companies believe
to be reasonable, including, without limitation, assumptions relating
to completion of the Arrangement. Readers should not place undue
reliance on forward-looking statements because of the inherent
uncertainty. For additional information with respect to risks,
uncertainties and assumptions, please also refer to the "Risk Factors"
sections of our most recent Annual Information Forms filed with the
Canadian securities regulatory authorities on http://www.sedar.com/">www.sedar.com, as well as our annual and interim MD&As. The forward-looking
statements herein are made as of the date of this press release only
and the companies do not assume any obligation to update or revise them
to reflect new information, estimates or opinions, future events or
results or otherwise, except as required by applicable law.

For further information: David Cohen David Harquail
Chairman & CEO Gold Wheaton Gold Corp. President & CEO Franco-Nevada Corporation
778-373-0107 416-306-6300

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