Toronto Stock
Exchange: G
New York Stock Exchange: GG
Goldcorp Declares
First Monthly Dividend Payment For 2010
(All dollar amounts in United States dollars (US$))
Vancouver, British
Columbia � January 4, 2010 � GOLDCORP INC. (GG: NYSE; G: TSX) is pleased to declare its first
monthly dividend payment for 2010 of $0.015 per share. Shareholders of
record at the close of business on Thursday, January 14, 2010 will be entitled
to receive payment of this dividend on Friday, January 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.
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, 2008, available on
www.sedar.com, and Form 40-F for the year ended December 31, 2008 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.
For further information, please contact:
Jeff Wilhoit
VP, Investor Relations
Goldcorp Inc.
3400-666 Burrard Street
Vancouver, British Columbia, V6C 2X8
Telephone: (604) 696-3074
Fax: (604) 696-3001
e-mail: info@goldcorp.com
website: www.goldcorp.com