Goldcorp Completes Merger with Wheaton; Wheaton Delisted from TSX and AMEX.

VANCOUVER, British Columbia -- Goldcorp Inc. (TSX:G)(NYSE:GG) is pleased to announce that its merger with Wheaton River Minerals Ltd. was completed on April 15, 2005.

Wheaton shares and Wheaton warrants were delisted from the TSX and the AMEX at the end of the day on April 15, 2005. Goldcorp shares were issued under the plan of arrangement and will replace outstanding Wheaton shares on the basis of 0.25 of a Goldcorp share for each Wheaton share.

Under the plan of arrangement, Wheaton Series A, B and Common Share Purchase warrants become Goldcorp Series A, B and C warrants, respectively.

Warrantholders are not required to surrender their current Wheaton warrant certificates. Certificates formerly representing Wheaton warrants are now deemed to represent Goldcorp warrants to purchase 0.25 of a Goldcorp share.

All three series of warrants began trading today at market open on the Toronto Stock Exchange and the Goldcorp Series A and Series C Warrants began trading on the NYSE at the same time.

The warrant trading symbols and terms are summarized as follows:

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Former                                 New
Symbols       Terms                    Symbols     Terms
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TSX                                    TSX
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WRM.WT        1 wt + C$1.65,           G.WT.C      4 wts + C$6.60,
               Expiry 5/30/07                       Expiry 5/30/07
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WRM.WT.A      1 wt + C$1.65,           G.WT.A      4 wts + C$6.60,
               Expiry 5/30/07                       Expiry 5/30/07
-------------------------------------------------------------------
WRM.WT.B      1 wt + C$3.10,           G.WT.B      4 wts + C$12.40,
               Expiry 8/25/08                       Expiry 8/25/08
-------------------------------------------------------------------
AMEX                                   NYSE
-------------------------------------------------------------------
WHT.WS        1 wt + C$1.65,           GG.WS.C     4 wts + C$6.60,
               Expiry 5/30/07                       Expiry 5/30/07
-------------------------------------------------------------------
WHT.WS.A      1 wt + C$1.65,           GG.WS.A     4 wts + C$6.60,
               Expiry 5/30/07                       Expiry 5/30/07
-------------------------------------------------------------------

Note: Goldcorp has two existing warrants trading on the Toronto Stock Exchange: G.WT (1 warrant entitles the holder to purchase 2.08 shares of Goldcorp at C$10 per share, until May 13, 2009), and G.WT.U (1 warrant entitles holder to purchase 2.08 shares of Goldcorp at US$12.50 per share, until April 30, 2007).

Goldcorp is the world's lowest cost million ounce gold producer, with 2005 gold production expected to exceed 1.1 million ounces of gold at a cash cost of less than US$60 per ounce. By 2007, gold production is expected to grow to over 1.5 million ounces. Goldcorp has a strong balance sheet with approximately US$450 million in cash and equivalents, and no debt.

Goldcorp Inc. (TSX:G) (NYSE:GG)