Toronto Stock Exchange: G
New York Stock Exchange: GG
Goldcorp Declares Second
Monthly Dividend Payment for 2008
(All dollar amounts in United States
dollars (US$)
Vancouver, British
Columbia - February 4, 2008 - GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to declare its second
monthly dividend payment for 2008 of $0.015 per share. Shareholders of
record at the close of business on Thursday, February 14, 2008 will be entitled
to receive payment of this dividend on Friday, February 22, 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, 2006, available on
www.sedar.com, and Form 40-F for the year ended December 31, 2006 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