Slate Grocery REIT T.SGR

RE: Mining

[marketminer]

" This gives us an opportunity to buy more shares at a discount." It also give some with otther agendas to do that also.... I wonder what these guys have in mind...Maybe they are going shoping.... will SGR be on the list? That would put some smiles on faces here...LOL ----------------------------------------------------------- Goldcorp arranges $1.5-billion (U.S.) credit facility Goldcorp Inc (2) (C:G) Shares Issued 703,828,207 Last Close 5/18/2007 $25.90 Monday May 21 2007 - News Release Mr. Kevin McArthur reports GOLDCORP ANNOUNCES NEW CREDIT FACILITY Goldcorp Inc. has entered into a $1.5-billion credit facility with a syndicate of 12 lenders. All figures are in United States dollars, unless stated otherwise. The credit facility replaces the company's existing credit facilities. It is intended to be used to finance growth opportunities and for general corporate purposes. The floating-rate facility is unsecured and amounts drawn are required to be financed or repaid by May 18, 2012. "Funds from recent transactions and our continued strong cash flow have resulted in Goldcorp being essentially debt free in the current quarter," said Kevin McArthur, Goldcorp president and chief executive officer. "This facility is consistent with the liquidity needs of a company our size, and it enables us to finance the mine construction activities that underpin the best growth profile in the gold mining industry." For the facility, Bank of Montreal acted as co-lead arranger, administrative agent and sole bookrunner, and Bank of Nova Scotia acted as co-lead arranger, syndication agent and processing agent.