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| Home : Goldcorp Inc. Announces Secondary Offering of Entire 25.6% Interest in Tahoe Resources Inc. |
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Jun 16 2015 |
Goldcorp Inc. Announces Secondary Offering of Entire 25.6% Interest in Tahoe Resources Inc. |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 15, 2015) - Goldcorp Inc. ("Goldcorp") (TSX:G)(NYSE:GG) and Tahoe Resources Inc. ("Tahoe") (TSX:THO)(NYSE:TAHO)(BVL:THO) today announced that they have entered into an agreement with GMP Securities L.P. and BMO Capital Markets acting as joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters") for a secondary offering by Goldcorp, on a bought deal basis, of 58,051,692 common shares of Tahoe (the "Common Shares") at a price of C$17.20 per Common Share for gross proceeds of C$998,489,102 (the "Offering"). The Offering represents the sale of all of Goldcorp's interest in Tahoe. Tahoe will not receive any of the proceeds from the Offering. |
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| Source:http://www.marketwired.com/mw/release.do?id=2029803&sourceType=3 |
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