Toronto Stock Exchange: G
New York Stock Exchange: GG
Goldcorp Declares Fourth
Monthly Dividend Payment For 2008
(All dollar amounts in United States
dollars (US$))
Vancouver, British
Columbia - April 7, 2008 - GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to declare its fourth
monthly dividend payment for 2008 of $0.015 per share. Shareholders of
record at the close of business on Thursday, April 17, 2008 will be entitled to
receive payment of this dividend on Friday, April 25, 2008. 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 one of the
world's lowest-cost and fastest growing multi-million ounce gold producers with
operations throughout the Americas. Its gold production 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, 2007,
available on www.sedar.com, and Form 40-F for the year ended December 31, 2007
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