Toronto Stock Exchange: G
New York Stock Exchange: GG
GOLDCORP DECLARES SIXTH MONTHLY DIVIDEND PAYMENT FOR 2008
(All dollar amounts in United States
dollars (US$))
Vancouver, British
Columbia � June 2, 2008 � GOLDCORP INC. (GG:NYSE; G:TSX) is pleased to declare its sixth
monthly dividend payment for 2008 of $0.015 per share. Shareholders of
record at the close of business on Thursday, June 12, 2008 will be entitled to
receive payment of this dividend on Friday June 20, 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