GOLDCORP DECLARES FOURTH MONTHLY DIVIDEND
PAYMENT FOR 2011
Vancouver, British
Columbia, April 4, 2011 � GOLDCORP INC. (TSX: G, NYSE: GG) is
pleased to declare its fourth monthly dividend payment for 2011 of $0.034 per
share. Shareholders of record at the close of business on Thursday, April 14,
2011 will be entitled to receive payment of this dividend on Tuesday, April 26,
2011. 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 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�, 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 Inc. (�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�, �is expected�, �budget�, �scheduled�, �estimates�,
�forecasts�, �intends�, �anticipates�, �believes� or variations of such words
and phrases or statements that certain actions, events or results �may�,
�could�, �would�, �might� or �will be taken�, �occur� or �be achieved� or the
negative connotation thereof.
Forward-looking
statements are made based upon certain assumptions and other important factors
that, if untrue, could cause the actual results, performances or achievements
of Goldcorp 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 the price of gold, anticipated costs and ability to achieve
goals. Certain important factors that could cause actual results, performances
or achievements to differ materially from those in the forward-looking
statements include, among others, gold price volatility, discrepancies between
actual and estimated production, mineral reserves and resources and
metallurgical recoveries, mining operational and development risks, litigation
risks, regulatory restrictions (including environmental regulatory restrictions
and liability), activities by governmental authorities (including changes in
taxation), currency fluctuations, the speculative nature of gold exploration,
the global economic climate, dilution, share price volatility, competition,
loss of key employees, additional funding requirements and defective title to
mineral claims or property. Although Goldcorp 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.
Forward-looking
statements are subject to known and unknown risks, uncertainties and other
important 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, including economical and political instability in foreign
jurisdictions in which Goldcorp operates; risks related to current global
financial conditions; risks related to joint venture operations; actual results
of current exploration activities; environmental risks; future prices of gold,
silver, copper, lead and zinc; possible variations in ore reserves, grade or
recovery rates; mine development and operating risks; 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; risks related to indebtedness and the service of such indebtedness,
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, 2010 available at www.sedar.com. 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. Forward-looking statements are made as of the
date hereof and accordingly are subject to change after such date. Except
as otherwise indicated by Goldcorp, these statements do not reflect the
potential impact of any non-recurring or other special items or of any
dispositions, monetizations, mergers, acquisitions, other business combinations
or other transactions that may be announced or that may occur after the date
hereof. Forward-looking statements are provided for the purpose of
providing information about management�s current expectations and plans and
allowing investors and others to get a better understanding of our operating
environment. Goldcorp does not undertake to update any forward-looking
statements that are included in this document, 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
. 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. Forward-looking statements are made as of the date hereof and
accordingly are subject to change after such date. Except as otherwise
indicated by Goldcorp, these statements do not reflect the potential impact of
any non-recurring or other special items or of any dispositions, monetizations,
mergers, acquisitions, other business combinations or other transactions that
may be announced or that may occur after the date hereof. Forward-looking
statements are provided for the purpose of providing information about
management�s current expectations and plans and allowing investors and others
to get a better understanding of our operating environment. Goldcorp does not
undertake to update any forward-looking statements that are included in this
document, 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