(All Amounts in U.S. dollars unless stated otherwise)
VANCOUVER,
March 21, 2014 /CNW/ - GOLDCORP
INC. (TSX: G, NYSE: GG) announced today that it has
extended its offer to acquire all of the outstanding common shares
of Osisko Mining Corporation ("Osisko") (TSX: OSK, Deutsche Boerse:
EWX) until 5:00 p.m. EDT on
April 4, 2014. Osisko
shareholders who tender to the offer will be entitled to receive
0.146 of a Goldcorp common share plus C$2.26 in cash for each Osisko common
share. All other conditions remain unchanged. A Notice of
Extension will be sent to Osisko shareholders by Goldcorp in due
course.
The full details of the Offer are set out in the
takeover bid circular (the "Circular") and related documents that
were filed by Goldcorp with the Canadian provincial securities
regulators and are available for review on Goldcorp's website at
www.goldcorp.com and on SEDAR under Osisko's profile at
www.sedar.com.
Goldcorp encourages securityholders of Osisko to
read the full details of the Offer set forth in the Circular which
contains the full terms and conditions of the Offer and other
important information as well as detailed instructions on how
Osisko shareholders can tender their Osisko shares to the Offer.
For assistance in depositing Osisko shares to the Offer, Osisko
shareholders should contact the Depositary, CST Trust Company, who
can be contacted at 1-800-387-0825 toll free in North America or at 416-682-3860 outside of
North America or by e-mail at
inquiries@canstockta.com; or the Information Agent, D.F. King, who can be contacted at 212-269-5550
for all banks and brokerage firms or at 1-800-290-6431 toll-free
for all others or by email at information@dfking.com.
For additional information on Goldcorp's offer
for Osisko, please visit the Company's website at
www.goldcorp.com.
About Goldcorp
Goldcorp is one of the world's fastest growing
senior gold producers. 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" and "forward-looking information" within the meaning of
the US Securities Act, as amended, the US Exchange Act, as amended,
and the United States Private
Securities Litigation Reform Act of 1995 with the intention of
obtaining the benefits of the "safe harbour" provisions of such
laws and applicable Canadian securities Laws concerning the
proposed transaction and the business, operations and financial
performance and condition of Goldcorp Inc. ("Goldcorp") and
Osisko Mining Corporation ("Osisko").
Forward-looking statements include, but are not
limited to, statements with respect to the anticipated timing,
mechanics, completion and settlement of the formal offer (the
"Offer") to acquire all of the outstanding common shares of Osisko,
the market for and listing of the common shares of Goldcorp, the
value of the common shares of Goldcorp received as consideration
under the Offer, the ability of Goldcorp to complete the
transactions contemplated by the Offer, reasons to accept the
Offer, the purpose of the Offer. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates", or "believes", or the negative of these
terms or other variations of these terms or variations of such
words and phrases or state that certain actions, events or results
"may", "could", "would", "should", "might", "seeks" or "will",
"occur" or "be achieved" or the negative of these terms or other
variations of these terms or comparable language, or by discussion
of strategy or intentions.
Forward-looking statements are made based upon
certain assumptions and other important factors that could cause
Goldcorp's actual results, performance or achievements to be
materially different from future results, performances or
achievements expressed or implied by such statements. Such
statements and information are based on numerous assumptions
regarding present and future business strategies and the
environment in which Goldcorp will operate in the future, including
that Goldcorp will be successful in acquiring 100% of the issued
and outstanding common shares of Osisko, that all required third
party regulatory and governmental approvals to the transaction will
be obtained and all other conditions to completion of the
transaction will be satisfied or waived, the price of gold and
silver, anticipated costs and the ability to achieve goals. Many of
these assumptions are based on factors and events that are not
within the control of Goldcorp and there is no assurance they will
prove to be correct. Although Goldcorp believes its expectations
are based upon reasonable assumptions and has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended.
The foregoing factors are not intended to
represent a complete list of the factors that could affect Goldcorp
and the acquisition of Osisko by Goldcorp. Additional factors
are noted elsewhere in the Offer and Circular dated January 14, 2014 that has been filed under
Osisko's profile on www.sedar.com and in the documents incorporated
by reference therein.
Goldcorp does not intend or undertake to
publically update any forward-looking statements, whether as a
result of new information, future events or otherwise, except in
accordance with applicable securities laws. Any
forward-looking statements of facts related to Osisko discussed or
disclosed herein are derived from Osisko's publicly filed documents
or records.
This press release does not constitute an offer
to buy or an invitation to sell, or the solicitation of an offer to
buy or invitation to sell, any securities of Goldcorp or Osisko.
Such an offer may only be made pursuant to an offer and take-over
bid circular Goldcorp intends to file with the Canadian securities
regulators and pursuant to registration or qualification under the
securities laws of any other such jurisdiction.
SOURCE Goldcorp Inc.