OREANDA-NEWS. June 18, 2015. GOLDCORP INC. (TSX: G, NYSE: GG) and Tahoe Resources Inc. ("Tahoe") (TSX: THO, NYSE: TAHO, BVL: THO) today announced that they have entered into an agreement with GMP Securities L.P. and BMO Capital Markets acting as joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters") for a secondary offering by Goldcorp, on a bought deal basis, of 58,051,692 common shares of Tahoe (the "Common Shares") at a price of C\\\\$17.20 per Common Share for gross proceeds of C\\\\$998,489,102 (the "Offering"). The Offering represents the sale of all of Goldcorp's interest in Tahoe. Tahoe will not receive any of the proceeds from the Offering.

"Divesting non-core assets has been instrumental to Goldcorp's growth and consistently sound financial position, and the sale of the Tahoe position supports that strategy," said

Chuck Jeannes, Goldcorp President and CEO. "With our gold production to date tracking well toward 2015 guidance, Goldcorp is positioned for growing free cash flow and financial flexibility."

The Common Shares to be sold under the Offering will be offered by way of a short form prospectus in all of the provinces and territories of Canada and will be offered in the United States pursuant to a prospectus filed as part of a registration statement filed under the Canada/U.S. multi-jurisdictional disclosure system. A registration statement relating to these securities has been filed with the United States Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted in the United States prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

The Offering is scheduled to close on or about June 30, 2015 and is subject to certain customary closing conditions including, but not limited to, the receipt of all necessary approvals.

A written prospectus relating to the Offering may be obtained upon request by contacting GMP Securities L.P., Equity Capital Markets by telephone at 416-943-6105 or by email at ecm@gmpsecurities.com or BMO Capital Markets c/o The Data Group of Companies, by telephone at 905-696-8884 x4338 or by email at kennedywarehouse@datagroup.ca.