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TORONTO, ONTARIO--(Marketwired - Jan. 19, 2015) - Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Goldcorp Inc. (TSX:G)(NYSE:GG) ("Goldcorp"), whereby Goldcorp will acquire all of the outstanding shares of Probe under a plan of arrangement for consideration of 0.1755 of a Goldcorp share per Probe share, equivalent to C$5.00 per Probe share, based on the closing price of Goldcorp shares on the TSX on January 16, 2015, and total consideration of C$526 million. In addition, shareholders of Probe will receive shares in a newly formed company ("New Probe"). |
