News - Glamis Gold Ltd.
To: LEGAL AFFAIRS EDITORS Contact: Martin Wagner of Earthjustice, +1-510-550-6700; or Margrete Strand Rangnes of Sierra Club, +1-202-675-7907; or Steve D'Esposito of Earthworks, +1-202-887-1872 WASHINGTON, Aug.
GOLDCORP INC. (TSX: G)(NYSE: GG) announced that, in connection with the acquisition of Glamis Gold Ltd., effective today, Ian Telfer, former President and Chief Executive Officer of Goldcorp, has been appointed Chairman of Goldcorp.
Wall Street News Alert's "stocks to watch" this morning are: G&S Minerals, Inc. (PINKSHEETS: GSML), Agnico-Eagle Mines Limited (NYSE: AEM), Glamis Gold Ltd. (NYSE: GLG) and Meridian Gold Inc. (NYSE: MDG). Wall Street News Alert is initiating coverage on G&S Minerals, Inc.
By Anonymous The Deal: GoldCorp Inc. has agreed to acquire Glamis Gold Ltd. for about $8.6 billion in stock. Under the terms of the deal, each share of Glamis Gold will be exchanged for 1.69 shares of GoldCorp.
A leading Canadian gold producer plans to buy Reno, Nev.-based Glamis Gold Ltd. in an $8.6 billion stock deal, the companies said. The takeover, announced Thursday, will create one of the world's largest gold producers. Goldcorp Inc.
