(All Amounts in U.S. dollars unless stated otherwise)
VANCOUVER, April 16, 2014 /PRNewswire/ - GOLDCORP INC. (TSX: G), (NYSE: GG) announced that a notice is being delivered today to Osisko Mining Corporation ("Osisko") pursuant to Osisko's advance notice bylaw of an intention to nominate John P. Bell, Beverley A. Briscoe, Peter J. Dey, Douglas M. Holtby, Timo S. Jauristo, Charles A. Jeannes, Clement A. Pelletier, P. Randy Reifel, Ian W. Telfer, Blanca Treviño and Kenneth F. Williamson (the "Goldcorp nominees") for election to the Board of Directors of Osisko at Osisko's upcoming annual and special meeting to be held on May 20, 2014.
All of the Goldcorp nominees other than Clement Pelletier, who is nominated for election as a director of Goldcorp at its upcoming annual and special meeting, are currently directors or officers of Goldcorp. All of the Osisko shares Goldcorp acquires pursuant to its outstanding offer will be voted in favour of the Goldcorp nominees.
On April 10, 2014, Goldcorp increased its previous offer to acquire all of the outstanding common shares of Osisko to C$7.65 per Osisko share for a total consideration of approximately C$3.6 billion.The Goldcorp offer is being made by means of, and subject to, the terms and conditions set out in the Offer and Circular dated January 14, 2014, as amended by the Notice of Extension and Variation dated April 10, 2014 that has been filed with Canadian provincial regulators and sent by Goldcorp to Osisko shareholders (the "Circular"). The Circular is available for review on Goldcorp's website at www.goldcorp.com and on SEDAR under Osisko's profile at www.sedar.com. Goldcorp 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, CST Trust Company, who can be contacted at 1-800-387-0825 toll free in North America or at 416-682-3860 outside of North America or by e-mail at firstname.lastname@example.org; or the Information Agent, D.F. King, who can be contacted at 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@example.com. For additional information on Goldcorp's offer for Osisko, please visit the Company's website at www.goldcorp.com. About Goldcorp 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.