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Goldcorp closes Kaminak acquisition

TSX-listed Goldcorp has closed the acquisition of Kaminak Gold Corporation through a court-approved plan of arrangement, receiving all issued and outstanding shares of 0.10896 common shares of Goldcorp for each outstanding Kaminak share. “The acquisition of Kaminak and its Coffee project in the Yukon is consistent with our strategy of populating our asset pipeline with opportunities that are accretive to net asset value per share,” says Goldcorp CEO David Garofalo.