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Goldcorp Awaits Filing of Osisko's Directors' Circular

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GOLDCORP (NYSE: GG) today announced it has reviewed the press release issued earlier this
morning by Osisko Mining Corporation (OTC: OSKFF) regarding Goldcorp's offer to Osisko shareholders. 
Goldcorp intends to respond fully following the filing of the Osisko
Directors' Circular.

On January, 13, 2014 Goldcorp announced an offer to acquire Osisko for
C$5.95 per share in cash and shares.  Under the terms of the offer,
Osisko shareholders will be entitled to receive 0.146 of a Goldcorp
common share plus C$2.26 in cash for each Osisko common share. This
offer represents a premium of 28% over the 20-day volume-weighted
average share price of Osisko from all trading on Canadian exchanges
for the period ending January 10, 2014.  The Offer is open for
acceptance until 5:00 p.m. EST on February 19, 2014, unless extended or
withdrawn.

See full press release

Posted-In: News Guidance M&A Global

 

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