Toronto Stock Exchange: G New York Stock Exchange: GG
(All dollar amounts in United States dollars (US$))
VANCOUVER, Oct. 4 /PRNewswire-FirstCall/ - GOLDCORP INC.
(GG: NYSE; G: TSX) is pleased to declare its tenth monthly dividend
payment for 2010 of $0.015 per share.
Shareholders of record at the close of business on Thursday, October 14, 2010 will be entitled to
receive payment of this dividend on Friday,
October 22, 2010. Goldcorp has paid a monthly dividend to
its shareholders since 2003. Canadian resident individuals who
receive dividends from Goldcorp after 2005 are entitled to an
enhanced gross-up and dividend tax credit on such dividends.
Pursuant to tax legislation enacted in 2007, Canadian resident
individuals who receive "eligible dividends" in 2006 and subsequent
years will be entitled to an enhanced gross-up and dividend tax
credit on such dividends. All dividends paid in 2006 and subsequent
years by Goldcorp Inc. are "eligible dividends" for this
purpose.
Goldcorp is North America's
fastest growing senior gold producer. Its low-cost gold production
is located in safe jurisdictions in the Americas and remains 100%
unhedged.
Cautionary Note Regarding Forward Looking Statements
This press release contains "forward-looking statements", within
the meaning of the United States Private Securities Litigation
Reform Act of 1995 and applicable Canadian securities legislation,
concerning the business, operations and financial performance and
condition of Goldcorp. Forward-looking statements include, but are
not limited to, statements with respect to the future price of
gold, silver, copper, lead and zinc, the estimation of mineral
reserves and resources, the realization of mineral reserve
estimates, the timing and amount of estimated future production,
costs of production, capital expenditures, costs and timing of the
development of new deposits, success of exploration activities,
permitting time lines, hedging practices, currency exchange rate
fluctuations, requirements for additional capital, government
regulation of mining operations, environmental risks, unanticipated
reclamation expenses, timing and possible outcome of pending
litigation, title disputes or claims and limitations on insurance
coverage. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Goldcorp to be materially different from those expressed or implied
by such forward-looking statements, including but not limited to:
risks related to the integration of acquisitions; risks related to
international operations; risks related to joint venture
operations; 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, copper, lead
and zinc; possible variations in ore reserves, grade or recovery
rates; failure of plant, equipment or processes to operate as
anticipated; accidents, labour disputes and other risks of the
mining industry; delays in obtaining governmental approvals or
financing or in the completion of development or construction
activities, as well as those factors discussed in the section
entitled "Description of the Business - Risk Factors" in Goldcorp's
Annual Information Form for the year ended December 31, 2009, available on www.sedar.com,
and Form 40-F for the year ended December
31, 2009 on file with the United States Securities and
Exchange Commission in Washington,
D.C. Although Goldcorp has attempted to identify important
factors that could cause actual results to differ materially from
those contained in forward-looking statements, 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. Goldcorp does not undertake to update any
forward-looking statements that are incorporated by reference
herein, except in accordance with applicable securities laws.
SOURCE Goldcorp Inc.
Copyright t. 4 PR Newswire