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Shareholders’ Gold Council Condemns Goldcorp’s Board of Directors

GlobeNewswire

(GLOBE NEWSWIRE) -- On March 7, Goldcorp filed its proxy circular in connection with its proposed acquisition by Newmont, where it was disclosed that: “In contemplation of the Arrangement, Goldcorp and Ian W. Telfer (Chairman) amended the terms of Mr. Telfer’s employment agreement to provide that, in connection with completion of the Arrangement, Mr. Telfer will be entitled to receive a lump sum payment retirement allowance from Goldcorp equal to approximately US$12 million, an increase from his current entitlement of approximately US$4.5 million ...

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