<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
F O R M 6 - K
[X] Pursuant to Rule 13a-16 or 15d-16 of the SECURITIES EXCHANGE ACT OF 1934
For the nine month period ended September 30, 1997.
GOLDCORP INC.
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(Exact name of registrant as specified in its charter)
COMMISSION FILE NUMBER 1-12970
PROVINCE OF ONTARIO 98770100
- ----------------------------------------------- ----------------------
(State of other jurisdiction of incorporation (I.R.S. Employer
or organization) Identification No.)
SUITE 2700, 145 KING STREET WEST
TORONTO, ONTARIO, CANADA M5H 1J9
(416) 865-0326
(Registrant's telephone number, including area code)
Indicate by check mark whether the Registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20 - F [ ] Form 40-F [ X ]
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
commission pursuant to Rule 12g3-(b) under the Securities Exchange Act of 1934.
Yes [ ] No [ X ]
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Goldcorp Inc. - 1997 Third Quarter Results Page 2
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GOLDCORP INC.
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WWW.GOLDCORP.COM Suite 2700
145 King Street West
Toronto, Ontario
Canada, M5H 1J8
NEWS RELEASE Telephone
(416) 865-0326
Facsimile
(416) 361-5741
Toronto, Canada
November 12, 1997
1997 THIRD QUARTER RESULTS
(ALL AMOUNTS IN THIS NEWS RELEASE ARE EXPRESSED IN UNITED STATES DOLLARS, UNLESS
OTHERWISE INDICATED.)
OVERVIEW
At the Red Lake Mine, exploration has continued at an accelerated pace. There
are currently 10 drill rigs operating at various levels. Infill drilling within
the high grade zones between the 30 and 34 levels continues to provide strong
assay values and widths, confirming the continuity of the structure and the
grade.
Goldcorp has received a prefeasibility study from Dynatec Corporation, an
independent mining engineering firm, reviewing Goldcorp's production plans at
the Red Lake Mine. The study contemplates increasing annual gold production
from 53,000 ounces in 1995 at $339 cash production cost per ounce to 200,000
ounces at $180 cash production cost per ounce. The total capital and
development costs will be approximately $115 million. Several financing
alternatives are being considered to raise these funds with particular
preference for minimum shareholder dilution.
At the Wharf Mine, Goldcorp has completed the acquisition of all of the surface
rights at the Clinton Project. Pincock, Allen & Holt, Inc., an independent
mining engineering firm, has been retained to prepare a final feasibility study
for the development of the Clinton Project.
The industrial mineral operations continue to make a strong contribution to
Goldcorp's overall financial and operating results.
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Goldcorp Inc. - 1997 Third Quarter Results Page 3
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FINANCIAL RESULTS
Three months ended Nine months ended
September 30, September 30,
1997 1996 1997 1996
--------- -------- -------- --------
(IN MILLIONS OF U.S. DOLLARS, EXCEPT PER
SHARE AND PER OUNCE AMOUNTS)
Revenues $ 16.7 $ 18.1 $ 46.8 $ 62.5
Earnings (loss) 1.4 (0.04) (2.0) 8.1
Earnings (loss) per share
(fully diluted) 0.02 --- (0.03) 0.12
Cash flow from operations 6.9 6.3 3.7 15.4
Cash flow from operations
per share (fully diluted) 0.10 0.09 0.05 0.23
Gold sales (OUNCES) 29,500 35,243 75,900 117,381
Average realized gold price per ounce 325 369 336 380
LIQUIDITY AND CAPITAL RESOURCES
As at As at
September 30, December 31,
1997 1996
------------- ---------------
(IN MILLIONS OF U.S. DOLLARS,
EXCEPT RATIOS)
Cash and short-term investments $ 23.2 $ 30.0
Marketable securities
-book value 21.5 26.6
-market value 20.5 40.0
Working capital 39.3 43.7
Total debt 0.2 7.2
Goldcorp realized pre-tax gains of $3.1 million on the sale of marketable
securities ($1.7 million after-tax). During the third quarter, Goldcorp's
portfolio of marketable securities recovered $3.6 million of their second
quarter decline in market value. For the nine months ended September 30, 1997,
the net provision recorded for the decline in the market value of the marketable
securities was $1.0 million, compared to $4.6 million recorded in the previous
quarter. These holdings remain available sources of additional capital for
future mine expansion and joint venture opportunities.
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Goldcorp Inc. - 1997 Third Quarter Results Page 4
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GOLD MINING OPERATIONS - RED LAKE MINE AND WHARF MINE
Three months ended Nine months ended
September 30, September 30,
1997 1996 1997 1996
--------- ------- -------- ---------
(IN MILLION OF U.S. DOLLARS,
EXCEPT PER OUNCE AMOUNTS)
Operating loss $ (2.4) $ (1.0) $ (6.0) $ (5.0)
Operating cash flow 0.3 1.3 1.1 7.1
Gold production (OUNCES) 28,362 37,500 76,792 117,701
Average operating cost per ounce
Cash production cost 228 228 235 287
Royalties and severance taxes 20 30 18 20
Non-cash costs 91 46 88 61
------- ------ ------- -------
Total operating cost 339 304 341 368
------- ------ ------- -------
------- ------ ------- -------
The improvement in the average cash production cost per ounce during the nine
months ended September 30, 1997 was due to the Wharf Mine, as well as the lack
of high cost production at both the Red Lake and Golden Reward mines.
The factors contributing to the higher operating loss incurred from gold mining
operations during the third quarter and the nine months ended September 30,
1997, compared to the same periods a year ago, were a lower realized gold price
and ongoing operating costs at the Red Lake Mine during the labour-related
suspension of production.
RED LAKE MINE
The exploration program at the Red Lake Mine has continued to expand and extend
to depth the high grade zones and the parallel sulphide zones. The structures
hosting the high grade and the sulphide zones have been encountered over a
vertical distance of 1,900 and 2,300 feet, respectively. In addition, drilling
above the high grade zones has identified three new exploration areas. These
areas are in close proximity to existing mine workings and infrastructure, which
will expedite future exploration, development and mining.
A newly identified gold zone, centred in the 24 level and located in the
footwall of the main sulphide zone, has been extended. Further testing of this
zone is in progress. As well, widely spaced drilling in the upper levels of the
mine indicates the existence of three potential sulphide zones.
During the nine months ended September 30, 1997, there were 283 holes drilled
totalling 192,300 feet. Since this exploration program commenced in February
1995, there have been 827 holes drilled totalling 529,000 feet. Also, 40,220
feet of exploration drifts have been advanced in order to gain access to
exploration targets. Goldcorp has incurred approximately $19 million in
exploration and development costs.
In 1998, a circular access ramp will be driven from the 30 level to the 34 level
to open new ground for continued exploration and for definition drilling of the
high grade zones in preparation for mine development.
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Goldcorp Inc. - 1997 Third Quarter Results Page 5
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Gold production at the mine was interrupted by a labour strike on June 23,
1996. This situation remains unresolved. During the strike, we have
continued the services of contract exploration drillers, development miners
plus the mine staff to advance this project. In order to expand and
accelerate the current exploration and development plans, additional skilled
personnel and accommodation are required. The capacity of the on-site camp
accommodation facilities will be increased from 70 to 150 persons.
Traditionally, labour disputes and strikes are viewed as being very negative
for all parties involved. This situation has meant additional costs and
dislocation for the Company and its employees. However, during the labour
disruption, the Company has been able to expand its exploration efforts which
have resulted in a significant increase of the gold resources to in excess of
two million ounces. Also, safety performance at the mine has improved
measurably compared to the record before the strike. In addition, the
current deployment of human and capital resources has become more efficient
as a result of moving from a five to seven day work week and, recently, from
an extension of the work day underground from eight to ten hours per shift.
We are hopeful that a resolution of the strike can be reached in the near
future.
Based upon the Dynatec prefeasibility study, Goldcorp is considering sinking
a new shaft to a depth of 7,500 feet and constructing new surface facilities,
including a 1,250 ton per day mill complex. Preparation for the proposed new
shaft and the plant surface area has recently commenced. These new
facilities will allow gold production at an annual rate of 200,000 ounces at
a cash production cost of approximately $180 per ounce.
The total capital and development costs will be approximately $115 million.
Project construction and development will take two years to complete.
WHARF MINE
The decrease in gold production during the third quarter, compared to a year
ago, was due to the delayed unloading of spent ore from a leach pad.
The increase in the cash production cost per ounce for the third quarter of
1997, compared to a year ago, was due to lower gold production. The decrease
in the cash production cost per ounce for the nine months ended September 30,
1997 compared to a year ago, was due to a higher grade of ore leached, as
well as not being affected by the write-off of 4,393 ounces or $1.3 million
from one of the leach pads recorded in the second quarter of 1996. The
increase in non-cash costs per ounce for both the third quarter and the nine
months ended September 30, 1997, compared to a year ago, was due to the
acquisition of the remaining minority interest in Wharf Resources Ltd. in
December 1996, and the resulting amortization of the purchase price
discrepancy arising from that transaction. Reference is made to the
"Production Statistics" table on page 7.
The annual production target at the Wharf Mine for 1997 is 104,000 ounces at
a cash production cost of $237 per ounce for a total operating cost of $341
per ounce.
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Goldcorp Inc. - 1997 Third Quarter Results Page 6
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INDUSTRIAL MINERAL OPERATIONS - SASKATCHEWAN MINERALS AND HAVELOCK LIME
Three months ended Nine months ended
September 30, September 30,
1997 1996 1997 1996
--------- --------- ---------- ----------
(IN MILLIONS OF U.S. DOLLARS)
Revenues $ 6.9 $ 6.5 $ 21.1 $ 19.2
Operating profit 1.3 2.1 5.9 5.8
Operating cash flow 1.7 2.5 6.9 6.8
An increase in revenues from sales of sodium sulphate by Saskatchewan
Minerals due to strong market conditions have resulted in improved operating
results for the nine months ended September 30, 1997, compared to a year ago.
Operating results in the third quarter of 1997, compared to a year ago, were
adversely affected by increased costs at Saskatchewan Minerals arising from
severe weather conditions in the spring.
Revenues and operating results at Havelock Lime for the nine months ended
September 30, 1997 compared to a year ago, remained strong.
OTHER DEVELOPMENTS
Goldcorp moved to increase its property holdings in the high grade Red Lake
mining district, when it announced a take-over bid for the minority interest
of Wilanour Resources Limited. On November 11th, Goldcorp announced that the
terms of the take-over bid had been amended to remove the cash alternative of
the bid. The terms of the amended take-over bid provide that Wilanour
shareholders will receive 1 Goldcorp unit for every 6 common shares held.
The Goldcorp unit consists of 1 Goldcorp Class A Subordinate Voting Share and
1 Goldcorp Class A share purchase warrant. The share purchase warrant will
have a term of 18 months and an exercise price of $10.00.
Gold production at the Golden Reward Mine has been suspended since June 1996.
The mine continues to be on a care and maintenance basis. A deep drilling
exploration program is contemplated on the property in 1998. Most of the
equipment at the Golden Reward Mine was sold, with Goldcorp's share of the
proceeds being approximately $1.1 million. Behre Dolbear & Company Inc., an
independent mining consultant, has been commissioned to prepare a mine
reclamation plan.
During September, Rolando C. Francisco returned to Goldcorp as President and
a Director. He is responsible for the financial and operational affairs of
the Company.
In October 1997, Hugh R. Snyder resigned as a Director in order to pursue other
business interests. We are thankful for his insightful contributions and we
wish him much success in his future endeavours.
<PAGE>
Goldcorp Inc. - 1997 Third Quarter Results Page 7
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On November 2, 1997, Douglas A. Sloan, a Director, passed away after a brief
illness. Robert R. McEwen, the Chairman and Chief Executive Officer of
Goldcorp, said "We will deeply miss Doug on both a professional and personal
level. He was a well-respected colleague and a friend. Our sincerest
condolences go out to his family".
Both Hugh Snyder and Doug Sloan served well the interests of Goldcorp
shareholders.
FINANCIAL AND STATISTICAL INFORMATION
Attached are the Production Statistics and the Consolidated Financial
Statements of Goldcorp Inc. for the three and nine months ended September 30,
1997.
For further information, please contact:
Rolando C. Francisco
President
(416) 865-0326
email: [email protected]
website: www.goldcorp.com
Stock Symbols:
TSE, ME ("G.A"; "G.B")
NYSE ("GG.A"; "GG.B")
-30-
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Goldcorp Inc. - 1997 Third Quarter Results Page 8
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PRODUCTION STATISTICS
<TABLE>
<CAPTION>
Three months ended Nine months ended
September 30, September 30,
1997 1996 1997 1996
-------- -------- --------- --------
<S> <C> <C> <C> <C>
RED LAKE MINE PRODUCTION STATISTICS
Tons of ore milled (000S) 94
Average mill head grade (OUNCES PER TON) 0.305
Average recovery rate (%) 84.57
Gold production (OUNCES) 24,178
Operating cost per ounce (US $)
Cash production cost $ $ $ $ 359
Non-cash costs 33
------- --------- -------- --------
Total operating cost $ $ $ $ 392
------- --------- -------- --------
------- --------- -------- --------
WHARF MINE PRODUCTION STATISTICS
Tons of ore mined (000S) 1,387 1,032 3,395 3,058
Tons of waste removed (000S) 1,688 2,057 4,238 5,718
Ratio of waste to ore 1.22:1 1.99:1 1.25:1 1.87:1
Tons of ore processed (000S) 1,281 1,328 3,335 3,390
Average grade of gold
processed (OUNCES PER TON) 0.029 0.029 0.030 0.028
Gold production (OUNCES) 28,362 35,633 76,792 80,987
Operating cost per ounce (US$)
Cash production cost $ 228 $ 211 $ 235 $ 245
Royalties and severance taxes 20 31 18 27
Non-cash costs 91 49 88 63
-------- ------- ------- -------
Total operating cost $ 339 $ 291 $ 341 $ 335
-------- ------- ------- -------
-------- ------- ------- -------
GOLDEN REWARD MINE PRODUCTION STATISTICS (100%)
Tons of ore mined (000S) 16 665
Tons of waste removed (000S) 2,703
Ratio of waste to ore 4.06:1
Tons of ore processed (000S) 43 745
Average grade of gold processed (OUNCES PER TON) 0.073 0.037
Gold production (OUNCES)
-100% 3,112 20,894
-Goldcorp's 60% share 1,867 12,536
Goldcorp's proportionate operating cost
per ounce (US$)
Cash production cost $ $ 485 $ $ 399
Royalties and severance taxes 8 12
Non-cash costs 105
--------- -------- ------- -------
Total operating cost $ $ 493 $ $ 516
--------- -------- ------- -------
--------- -------- ------- -------
CONSOLIDATED PRODUCTION STATISTICS
Total gold production (OUNCES) 28,362 38,745 76,792 126,059
--------- -------- ------- -------
--------- -------- ------- -------
Goldcorp's consolidated share (OUNCES) 28,362 37,500 76,792 117,701
--------- -------- ------- -------
--------- -------- ------- -------
Average operating cost per ounce (US$)
Cash production cost $ 228 $ 228 $ 235 $ 287
Royalties and severance taxes 20 30 18 20
Non-cash costs 91 46 88 61
--------- -------- ------- -------
Total operating cost $ 339 $ 304 $ 341 $ 368
--------- -------- ------- -------
--------- -------- ------- -------
</TABLE>
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Goldcorp Inc. - 1997 Third Quarter Results Page 8
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CONSOLIDATED FINANCIAL STATEMENTS
(UNAUDITED)
CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS OF UNITED STATES DOLLARS)
As at As at
September 30, December 31,
1997 1996
------------ ------------
ASSETS
CURRENT ASSETS
Cash and short-term investments $ 23,221 $ 30,007
Gold bullion inventory 794 714
Accounts receivable 7,207 9,960
Marketable securities 20,533 26,607
Inventories 8,899 8,079
Prepaid expenses and other 804 1,012
----------- ------------
61,458 76,379
MINING INTERESTS, NET 151,185 146,926
DEPOSITS FOR RECLAMATION COSTS 3,446 3,520
OTHER ASSETS 3,028 2,459
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$ 219,117 $ 229,284
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----------- ------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable and accrued liabilities $ 14,188 $ 14,357
Taxes payable 7,811 11,203
Current portion of long-term debt 190 7,128
----------- ------------
22,189 32,688
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LONG-TERM DEBT 19 60
----------- ------------
PROVISION FOR RECLAMATION COSTS
AND OTHER LIABILITIES 4,011 4,080
----------- ------------
DEFERRED INCOME TAXES 9,816 7,179
----------- ------------
SHAREHOLDERS' EQUITY
Capital stock 81,732 81,299
Contributed surplus 76,068 76,223
Cumulative translation adjustment 3,697 4,212
Retained earnings 21,585 23,543
----------- ------------
183,082 185,277
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$ 219,117 $ 229,284
----------- ------------
----------- ------------
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL
STATEMENTS.
<PAGE>
Goldcorp Inc. - 1997 Third Quarter Results Page 10
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CONSOLIDATED STATEMENTS OF EARNINGS
(IN THOUSANDS OF UNITED STATES DOLLARS, EXCEPT PER SHARE AMOUNTS)
<TABLE>
<CAPTION>
Three months ended Nine months ended
September 30, September 30,
1997 1996 1997 1996
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C>
Revenues
Gold bullion $ 9,748 $ 11,604 $ 25,637 $ 43,282
Industrial minerals 6,957 6,504 21,116 19,183
---------- ---------- ---------- ----------
16,705 18,108 46,753 62,465
---------- ---------- ---------- ----------
Expenses
Operating 14,762 14,757 38,998 49,974
Corporate administration 866 1,066 2,727 2,916
Depreciation and depletion 3,071 2,135 7,934 8,472
Exploration 61 104 148 282
Writedown of Golden Reward Mine 3,107
---------- ---------- ---------- ----------
18,760 18,062 49,807 64,751
---------- ---------- ---------- ----------
Earnings (loss) from operations (2,055) 46 (3,054) (2,286)
---------- ---------- ---------- ----------
Other income (expense)
Interest and other income 398 823 1,556 2,443
Gain (loss) on marketable securities (1,024) 117 3,098 16,432
Decrease (increase) in provision for decline
in marketable securities 3,666 (952)
Interest expense
Long-term debt (7) (151) (158) (606)
Other (5) (5) (13) (14)
---------- --------- --------- ---------
3,028 784 3,531 18,255
---------- --------- --------- ---------
Earnings before taxes
and minority interest 973 830 477 15,969
Income and mining taxes (recovery) (470) (76) 2,435 8,407
---------- --------- --------- --------
Earnings (loss) before minority interest 1,443 906 (1,958) 7,562
Minority interest (947) 498
---------- --------- --------- --------
Earnings (loss) for the period $ 1,443 $ (41) $ (1,958) $ 8,060
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
Earnings (loss) per share
Basic $ 0.02 $ --- $ (0.03) $ 0.13
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
Fully diluted $ 0.02 $ --- $ (0.03) $ 0.12
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
Weighted average number of shares
outstanding (000's)
Basic 68,365 63,300 68,348 63,145
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
Fully diluted 73,291 67,318 73,001 67,092
---------- ---------- ---------- ----------
---------- ---------- ---------- ----------
</TABLE>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL
STATEMENTS.
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Goldcorp Inc. - 1997 Third Quarter Results Page 11
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CONSOLIDATED STATEMENTS OF CASH FLOWS
(IN THOUSANDS OF UNITED STATES DOLLARS)
<TABLE>
<CAPTION>
Three months ended Nine months ended
September 30, September 30,
1997 1996 1997 1996
------------ ------------ ---------- -------------
<S> <C> <C> <C> <C>
Cash provided by (used in)
Operating activities
Earnings (loss) for the period $ 1,443 $ (41) $ (1,958) $ 8,060
Items not affecting cash
Depreciation, depletion and amortization 3,053 2,731 8,194 9,819
Writedown of Golden Reward Mine 3,107
Loss (gain) on marketable securities,
net of tax provision 567 (65) (1,716) (9,149)
Increase (decrease) in provision for
decline in marketable securities (3,666) 952
Deferred income taxes 1,079 389 2,700 1,175
Minority interest 947 (498)
Other 114 (156) 39 (16)
------------- ----------- ----------- ----------
2,590 3,805 8,211 12,498
Change in non-cash operating
working capital 4,263 2,516 (4,553) 2,855
------------- ------------ ----------- ----------
Net cash provided by
operating activities 6,853 6,321 3,658 15,353
------------- ------------ ----------- ----------
Investing activities
Mining interests (4,403) (2,156) (12,684) (7,338)
Purchases of marketable securities (7,293) (13,942) (12,397) (21,742)
Proceeds from sale of marketable securities 3,981 2,197 23,610 41,270
Taxes paid on sale of marketable
securities, prior year 7 (2,143)
Purchases of other assets (29)
Other 97 (321) 74 (955)
------------- ------------ ----------- ----------
Net cash provided by (used in)
investing activities (7,611) (14,222) (3,569) 11,235
------------- ------------ ----------- ----------
Financing activities
Repayment of long-term debt (1,452) (2,826) (7,110) (7,318)
Issue of capital stock, net 132 273 278 963
Dividends paid to minority shareholders (477)
------------- ------------ ----------- ----------
Net cash used in financing activities (1,320) (2,553) (6,832) (6,832)
------------- ------------ ----------- ----------
Effect of exchange rate changes on cash 25 (50) (43) (55)
------------- ------------ ----------- ----------
Increase (decrease) in cash and
short-term investments (2,053) (10,504) (6,786) 19,701
Cash and short-term investments
at beginning of period 25,274 70,603 30,007 40,398
------------- ------------ ----------- ----------
Cash and short-term investments
at end of period $ 23,221 $ 60,099 $ 23,221 $ 60,099
------------- ------------ ----------- ----------
------------- ------------ ----------- ----------
</TABLE>
THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE CONSOLIDATED FINANCIAL
STATEMENTS.
<PAGE>
Goldcorp Inc. - 1997 Third Quarter Results Page 12
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
1. GENERAL
The accompanying unaudited consolidated financial statements should be
read in conjunction with the notes to the Company's audited consolidated
financial statements for the year ended December 31, 1996. The unaudited
consolidated financial statements include the financial statements of the
Company and its subsidiaries. The Company accounts for its 60% undivided
interest in the Golden Reward Mining Company Limited Partnership using the
proportionate consolidation method of accounting.
These unaudited interim consolidated financial statements reflect all
normal and recurring adjustments which are, in the opinion of management,
necessary for a fair presentation of the respective interim periods
presented.
2. REPORTING CURRENCY
The Company has adopted the United States dollar as its reporting
currency for its financial statements, commencing January 1, 1997.
Comparative figures previously reported in Canadian dollars have been
translated at the exchange rate in effect on January 1, 1997.
<PAGE>
THIRD QUARTER REPORT
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1997
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GOLDCORP INC.
----------------------------------------------
GOLDCORP IS A NORTH AMERICAN BASED GOLD PRODUCER.
GOLDCORP'S SHARES ARE LISTED ON THE TORONTO,
NEW YORK AND MONTREAL STOCK EXCHANGES. ITS HEAD
OFFICE IS LOCATED IN TORONTO, CANADA.
- ------------------------------------------------------------------------------
MARKET FOR THE COMPANY'S
CORPORATE OFFICE: COMMON SHARES:
145 King Street West The Toronto Stock Exchange and
Suite 2700 Montreal Exchange (G.A & G.B)
Toronto, Ontario New York Stock Exchange (GG.A & GG.B)
Canada M5H 1J8 Options traded on the Trans Canada Options
Telephone: (416)865-0326
Facsimile: (416)361-5741 Shares included in the TSE 200
Shareholder enquires: (800) 813-1412 and 300 indices
(Canada and United States)
Website: www.goldcorp.com
Email: [email protected]
PRINCIPAL REGISTRAR AND CO-REGISTRAR AND
TRANSFER AGENT: TRANSFER AGENT:
Montreal Trust Company of Canada The Bank of New York
151 Front Street West 101 Barclay Street
Suite 800 New York, New York 10286
Toronto, Ontario Telephone: (212) 815-2450
Canada M5J 2N1 Facsimile: (212) 815-3201
Telephone: (416) 981-9500
Facsimile: (416) 981-9800
<PAGE>
SIGNATURE
Pursuant to the requirements of the SECURITIES EXCHANGE ACT OF 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
GOLDCORP INC.
By: /s/ Rolando C. Francisco
-------------------------------
Rolando C. Francisco
President
(Principal Financial and
Duly Authorized Officer)
Date: November 14, 1997.