EX-99.1 2 ex991.htm NEWS RELEASE DATED OCTOBER 4, 2010 ex991.htm
Exhibit 99.1
 
News release via Canada NewsWire, Vancouver 604-669-7764

	    Attention Business/Financial Editors:
	    GOLDCORP DECLARES TENTH MONTHLY DIVIDEND PAYMENT FOR 2010

	    <<
	    Toronto Stock Exchange: G                  New York Stock Exchange: GG

	             (All dollar amounts in United States dollars (US$))
	    >>

	    VANCOUVER, Oct. 4 /CNW/ - GOLDCORP INC. (GG: NYSE; G: TSX) is pleased to
declare its tenth monthly dividend payment for 2010 of $0.015 per share.
Shareholders of record at the close of business on Thursday, October 14, 2010
will be entitled to receive payment of this dividend on Friday, October 22,
2010. Goldcorp has paid a monthly dividend to its shareholders since 2003.
Canadian resident individuals who receive dividends from Goldcorp after 2005
are entitled to an enhanced gross-up and dividend tax credit on such
dividends.
	    Pursuant to tax legislation enacted in 2007, Canadian resident
individuals who receive "eligible dividends" in 2006 and subsequent years will
be entitled to an enhanced gross-up and dividend tax credit on such dividends.
All dividends paid in 2006 and subsequent years by Goldcorp Inc. are "eligible
dividends" for this purpose.

	    Goldcorp is North America's fastest growing senior gold producer. Its
low-cost gold production is located in safe jurisdictions in the Americas and
remains 100% unhedged.

	    Cautionary Note Regarding Forward Looking Statements

	    This press release contains "forward-looking statements", within the
meaning of the United States Private Securities Litigation Reform Act of 1995
and applicable Canadian securities legislation, concerning the business,
operations and financial performance and condition of Goldcorp.
Forward-looking statements include, but are not limited to, statements with
respect to the future price of gold, silver, copper, lead and zinc, the
estimation of mineral reserves and resources, the realization of mineral
reserve estimates, the timing and amount of estimated future production, costs
of production, capital expenditures, costs and timing of the development of
new deposits, success of exploration activities, permitting time lines,
hedging practices, currency exchange rate fluctuations, requirements for
additional capital, government regulation of mining operations, environmental
risks, unanticipated reclamation expenses, timing and possible outcome of
pending litigation, title disputes or claims and limitations on insurance
coverage. Generally, these forward-looking statements can be identified by the
use of forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions, events or
results "may", "could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of Goldcorp to be materially different
from those expressed or implied by such forward-looking statements, including
but not limited to: risks related to the integration of acquisitions; risks
related to international operations; risks related to joint venture
operations; actual results of current exploration activities; actual results
of current reclamation activities; conclusions of economic evaluations;
changes in project parameters as plans continue to be refined; future prices
of gold, silver, copper, lead and zinc; possible variations in ore reserves,
grade or recovery rates; failure of plant, equipment or processes to operate
as anticipated; accidents, labour disputes and other risks of the mining
industry; delays in obtaining governmental approvals or financing or in the
completion of development or construction activities, as well as those factors
discussed in the section entitled "Description of the Business - Risk Factors"
in Goldcorp's Annual Information Form for the year ended December 31, 2009,
available on www.sedar.com, and Form 40-F for the year ended December 31, 2009
on file with the United States Securities and Exchange Commission in
Washington, D.C. Although Goldcorp has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. Goldcorp does not undertake to update any forward-looking
statements that are incorporated by reference herein, except in accordance
with applicable securities laws.

	    %CIK: 0000919239

	    /For further information: Jeff Wilhoit, VP, Investor Relations, Goldcorp
Inc., 3400-666 Burrard Street, Vancouver, British Columbia, V6C 2X8,
Telephone: (604) 696-3074, Fax: (604) 696-3001, e-mail: info(at)goldcorp.com,
website: www.goldcorp.com/
	    (G. GG)

CO:  Goldcorp Inc.

CNW 11:13e 04-OCT-10