GOLDCORP INC announced that the Dividend Reinvestment Plan (“DRIP”) has been implemented. The adoption of the DRIP will offer shareholders an opportunity to increase their investment in Goldcorp without additional transaction costs by receiving dividend payments in the form of common shares of the Company without paying brokerage commissions, administrative costs or other service charges.
The DRIP allows shareholders to reinvest their cash dividends into additional common shares issued from treasury at a 3% percent discount to the Average Market Price (as defined in the DRIP). Participation in the DRIP is optional and will not affect shareholders’ cash dividends unless they elect to participate in the DRIP. Participation in the DRIP is open to all registered and beneficial shareholders in Canada and the United States.
Shareholders that are resident in jurisdictions other than Canada and the United States may also participate in the DRIP, subject to any restrictions of laws in such shareholder’s jurisdiction of residence. Dividends are only payable as and when declared by Goldcorp’s Board of Directors and there is no entitlement to any dividend prior thereto. The Company may, from time to time, in its discretion, change or eliminate the discount applicable to treasury acquisitions or direct that such common shares be purchased in market acquisitions at the prevailing market price, any of which would be publicly announced.
To participate in the DRIP, registered shareholders must deliver a properly completed enrollment form to CST Trust Company (the “Agent”) not less than five business days before a dividend record date. Registered shareholders who wish to participate in the DRIP for theJune 2016 dividend must deliver the enrollment form to the Agent no later than 5:00 p.m. Eastern Daylight Time on June 9, 2016. Non-registered beneficial shareholders who wish to participate in the DRIP should contact their financial intermediary who holds their common shares to inquire about the applicable enrolment deadline and request enrollment in the DRIP.
For more information on how to enroll or any other inquiries, contact the Agent at 1-800-387-0825 (toll-free in Canada and the United States), or 1-416-682-3860 (for calls outsideCanada and the United States) or inquiries@canstockta.com. Shareholders can elect to participate or cease to participate in the DRIP from time to time.
The DRIP and enrollment forms are available on the Company’s website, www.goldcorp.com, in the “Investor Resources – Stock Information” section under “Dividends”.
Registered shareholders may also enroll in the DRIP online through the plan agent’s self-service web portal at:https://www.canstockta.com/en/InvestorServices/Investor_Information/Issuer_List/IssuerDetail.jsp?companyCode=2403.
All shareholders considering enrollment in the DRIP should carefully review the terms of the DRIP and consult with their advisors as to the implications of enrollment in the DRIP.
This press release is not an offer to sell or a solicitation of an offer of securities. The Company has filed with the U.S. Securities and Exchange Commission a registration statement on Form F-3 dated October 9, 2015 and a related prospectus dated May 5, 2016 with respect to the DRIP. A copy of these filings may be obtained under the Company’s profile on the U.S. Securities and Exchange Commission’s website at http://www.sec.gov.
About Goldcorp
Goldcorp is a global senior gold producer focused on responsible mining practices with safe, low-cost production from a high-quality portfolio of mines.
INVESTOR CONTACT:
DRIP AGENT (TRANSFER AGENT), CST Trust Company, P.O. Box 700, Postal Station B, Montreal, Quebec H3B 3K3, Telephone: 1-800-387-0825 / 1-416-682-3860, Fax: 1-888-249-6189, Email: inquiries@canstockta.com, www.canstockta.com