14:20:08 EDT Fri 25 May 2018
Enter Symbol
or Name

Goldcorp Inc (2)
Symbol C : G
Shares Issued 811,518,583
Close 2013-02-15 C$ 33.99
Recent Sedar Documents

Goldcorp receives 22.05 million Delta Gold shares

2013-02-18 11:11 ET - News Release

Ms. Anna Tudela reports


Goldcorp Inc., through its wholly owned subsidiary, Goldcorp U.S.A. Inc., has received 22,059,000 common shares in the capital of Delta Gold Corp. (formerly ADR Capital Corp.), pursuant to a reverse takeover transaction involving Delta Gold Inc. that was completed on Feb. 13, 2013, as described in the filing statement of Delta dated Dec. 28, 2012, and filed on SEDAR. The shares received by Goldcorp pursuant to the transaction represent approximately 11.5 per cent of the 191,171,258 issued and outstanding common shares of Delta, and have an estimated value of $2.5-million. All amounts are in U.S. dollars unless stated otherwise. Pursuant to the transaction, each Delta Gold common share was exchanged for 4.4118 common shares of Delta.

Goldcorp previously received five million common shares of Delta Gold as a first payment for the granting of an option to Delta Gold to purchase the 100-per-cent-Goldcorp-owned Imperial project, located in California, United States, in June, 2012.

Subject to compliance with applicable securities laws in respect of the resale of the shares, Goldcorp may purchase, sell or acquire securities of Delta in the future on the open market or in private transactions, depending on market conditions and other factors material to its investment decisions.

This press release is issued pursuant to National Instrument 62-103, the Early Warning System and Related Takeover Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters. For further information and to obtain a copy of the early warning report filed in connection with the transaction, please see Delta's profile on the SEDAR website.

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