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February 17, 2013
13:06 EDTGGGoldcorp updates shareholding in Delta Gold Corporation
GOLDCORP reports that through its wholly-owned subsidiary, Goldcorp USA Inc., it has received 22,059,000 common shares in the capital of Delta Gold Corporation (formerly ADR Capital Corp.) pursuant to a reverse takeover transaction involving Delta Gold Inc. that was completed on February 13, 2013 as described in the Filing Statement of Delta dated December 28, 2012 and filed on www.sedar.com. The Shares received by Goldcorp pursuant to the Transaction represent approximately 11.5% of the 191,171,258 issued and outstanding common shares of Delta, and have an estimated value of $2.5 million. Pursuant to the Transaction, each Delta Gold Inc. common share was exchanged for 4.4118 common shares of Delta. Goldcorp previously received 5,000,000 common shares of Delta Gold Inc. as a first payment for the granting of an option to Delta Gold Inc. to purchase the 100% Goldcorp-owned Imperial project, located in California, USA in June of 2012.
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