Goldcorp acquires Probe (Northern Ontario assets)GOLDCORP INC. (TSX: G, NYSE: GG) and Probe Mines Limited ("Probe") (TSX-V: PRB) today announced an agreement whereby Goldcorp will acquire, through a friendly plan of arrangement (the "Arrangement"), all the outstanding shares of Probe. The total consideration for the purchase is approximately C$526 million.
In addition to the Goldcorp shares, shareholders of Probe will receive an interest in a new exploration company ("New Probe") which will own Probe's mineral properties in the Ring of Fire in Northern Ontario