Toronto Stock Exchange: G |
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New York Stock Exchange: GG |
(All dollar amounts in United States dollars
(US$))
VANCOUVER, Dec. 1 /PRNewswire-FirstCall/ -
GOLDCORP INC. (GG: NYSE; G: TSX) is pleased to declare its
twelfth monthly dividend payment for 2010 of $0.03 per share.
Shareholders of record at the close of business on Monday, December
13, 2010 will be entitled to receive payment of this dividend on
Monday, December 20, 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 c. 1 PR Newswire