Jason Attew reports
GOLDCORP COMPLETES ACQUISITION OF EXETER RESOURCE CORPORATION
Goldcorp Inc. has completed its previously announced acquisition of all of the issued and outstanding common shares of Exeter Resource Corp. not already owned by Goldcorp by way of plan of arrangement.
Pursuant to the arrangement, Exeter shareholders (other than Goldcorp) will receive 0.12 of a common share of Goldcorp for each Exeter share held, and Exeter will become a wholly owned subsidiary of Goldcorp.
The arrangement was approved by the Supreme Court of British Columbia in its final order dated Aug. 1, 2017. The arrangement remains subject to final approval by the Toronto Stock Exchange.
The Exeter shares are expected to be delisted from the TSX on or about Aug. 8, 2017, and will promptly be delisted from the NYSE MKT (New York Stock Exchange) and the Borse Frankfurt (Frankfurt Stock Exchange) following closing.
Additional information regarding the terms of the arrangement is set out in Exeter's management information circular dated June 27, 2017, which is available under Exeter's profile on SEDAR.
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