Glamis Gold Ltd. Announces Takeover Bid for Goldcorp

Strategic Insights -

Glamis Gold Ltd. has announced a takeover bid for Goldcorp, a move that could potentially shape the future of the gold mining industry. In a press release dated February 7, 2005, Glamis outlined the terms of its offer, which includes a registration statement filed with the U.S. Securities and Exchange Commission and a take-over bid circular mailed to Goldcorp stockholders. The move comes after a long period of speculation and rumor surrounding the two companies.

Key Takeaways:

  • Glamis Gold Ltd. has announced a takeover bid for Goldcorp, a move that could potentially reshape the gold mining industry.
  • The bid includes a registration statement filed with the U.S. Securities and Exchange Commission and a take-over bid circular mailed to Goldcorp stockholders.
  • The documents filed with the SEC and in Canada will be available free of charge from Glamis Investor Relations and on its website.
  • The takeover bid is subject to regulatory approval and may only be made pursuant to a registration statement and prospectus filed with the U.S. Securities and Exchange Commission.
  • Glamis has filed a Registration Statement on SEC Form F-10 and a take-over bid circular and dissident proxy circular with Canadian securities regulatory authorities.
  • The company urges investors and security holders to read the registration statement, take-over bid circular, and dissident proxy circular for important information.

Statistics:

  • The takeover bid is dated February 7, 2005.
  • The documents filed with the SEC and in Canada will be available on the SEC's website (www.sec.gov) and in Canada at www.sedar.com.
  • The email address for investor packets is info@glamis.com, and the email address for questions/correspondence is michaels@glamis.com.
  • The telephone number for Glamis Investor Relations is (775) 827-4600.

Sources:

  • Glamis Gold Ltd. news release dated February 7, 2005, available on COMTEX (http://www.comtexnews.com)
  • SEC Form F-10 registration statement filed by Glamis Gold Ltd.
  • Take-over bid circular and dissident proxy circular filed by Glamis Gold Ltd. with Canadian securities regulatory authorities.