VANCOUVER,
3, 2014
INC
its due diligence process at
(“Osisko”)’s
mine in Quebec. Following a full analysis of due diligence findings,
will consider its position and apprise its shareholders as to next steps
related to its existing offer to acquire Osisko.
“Our due diligence
team is making progress, and we look forward to completing a full analysis of
the team’s findings in due course,” said
President and Chief Executive Officer. “In the meantime we will
complete our analysis of the alternate scheme proposed between Osisko and a
number of other parties.”
also announced today that it has extended its offer to acquire all of the
outstanding common shares of Osisko (TSX: OSK,
until
Osisko shareholders who tender to the offer will be entitled to receive 0.146
of a
remain unchanged. A Notice of Extension will be sent to Osisko shareholders by
in due course.
The full details of
offer for Osisko are set out in the takeover bid circular (the
“Circular”) and related documents that were filed by
with the Canadian provincial securities regulators and are available for review
on
profile at www.sedar.com.
encourages securityholders of Osisko to read the full details of the offer set
forth in the Circular, which contains the full terms and conditions of the
offer and other important information, as well as detailed instructions on how
Osisko shareholders can tender their Osisko shares to the offer. For assistance
in depositing Osisko shares to the offer, Osisko shareholders should contact
the Depositary,
1-800-387-0825 toll free in
America
America
or the Information Agent,
212-269-5550 for all banks and brokerage firms or at 1-800-290-6431 toll-free
for all others or by email at [email protected].
For additional information
on
please visit the Company’s website at www.goldcorp.com.
About
is one of the world’s fastest growing senior gold producers. Its low-cost
gold production is located in safe jurisdictions in the
and remains 100% unhedged.
Cautionary Note
Regarding Forward Looking Statements
This press release contains
“forward-looking statements” and “forward-looking
information” within the meaning of the
amended, the US Exchange Act, as amended, and
United States
with the intention of obtaining the benefits of the “safe harbour”
provisions of such laws and applicable Canadian securities Laws concerning the
proposed transaction and the business, operations and financial performance and
condition of
and
Forward-looking statements
include, but are not limited to, statements with respect to the anticipated
timing, mechanics, completion and settlement of the formal offer (the
“Offer”) to acquire all of the outstanding common shares of Osisko,
the market for and listing of the common shares of
the value of the common shares of
received as consideration under the Offer, the ability of
to complete the transactions contemplated by the Offer, reasons to accept the
Offer, the purpose of the Offer. 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”, or
“believes”, or the negative of these terms or other variations of
these terms or variations of such words and phrases or state that certain
actions, events or results “may”, “could”,
“would”, “should”, “might”, “seeks” or
“will”, “occur” or “be achieved” or the negative
of these terms or other variations of these terms or comparable language, or by
discussion of strategy or intentions.
Forward-looking statements
are made based upon certain assumptions and other important factors that could
cause
results, performance or achievements 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
will operate in the future, including that
will be successful in acquiring 100% of the issued and outstanding common
shares of Osisko, that all required third party regulatory and governmental
approvals to the transaction will be obtained and all other conditions to
completion of the transaction will be satisfied or waived, the price of gold
and silver, anticipated costs and the ability to achieve goals. Many of these
assumptions are based on factors and events that are not within the control of
and there is no assurance they will prove to be correct. Although
believes its expectations are based upon reasonable assumptions and 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.
The foregoing factors are
not intended to represent a complete list of the factors that could affect
and the acquisition of Osisko by Goldcorp. Additional factors are noted
elsewhere in the Offer and Circular dated
has been filed under Osisko’s profile on www.sedar.com
and in the documents incorporated by reference therein.
does not intend or undertake to publically update any forward-looking
statements, whether as a result of new information, future events or otherwise,
except in accordance with applicable securities laws. Any forward-looking
statements of facts related to Osisko discussed or disclosed herein are derived
from Osisko’s publicly filed documents or records.
This press release does not
constitute an offer to buy or an invitation to sell, or the solicitation of an
offer to buy or invitation to sell, any securities of
or Osisko. Such an offer may only be made pursuant to an offer and take-over
bid circular
to file with the Canadian securities regulators and pursuant to registration or
qualification under the securities laws of any other such jurisdiction.
SOURCE
Inc.
Jeff
Wilhoit
Vice President, Investor Relations
Goldcorp Inc.
Telephone: (604) 696-3074
Fax: (604) 696-3001
E-mail: [email protected]
www.goldcorp.com
