08:31 EST Monday, November 16, 2009

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2009) - Goldcorp Inc. (TSX:G)(NYSE:GG) announced today an agreement whereby Goldcorp will acquire, through a plan of arrangement (the "Arrangement"), all of the outstanding common shares (the "Shares") of Canplats Resources Corporation ("Canplats") (TSX VENTURE:CPQ) for total consideration of approximately C$238 million based on the fully diluted in-the-money Shares outstanding.

Under the Arrangement, each Share will be exchanged for 0.074 of a common share of Goldcorp (the "Exchange Ratio"), and an interest in a new exploration company ("Newco") with a notional value of C$0.18 per Share, representing a combined value of C$3.60 per Share based upon the closing price of the Goldcorp shares on November 13, 2009. This represents a premium of approximately 41% over the closing price of the Shares on Friday, November 13, 2009.

Upon closing, Goldcorp will assume ownership of Canplats' Camino Rojo Project, located approximately 50 kilometres southeast of Goldcorp's Penasquito mine. Camino Rojo's 3,389-square kilometre land position includes the Represa Deposit(1), which has reported measured and indicated resources of 3,445,000 gold ounces and 60,708,000 silver ounces. Inferred resources total 555,000 ounces of gold and 7,612,000 ounces of silver.

"The acquisition of the Camino Rojo Project fits very well with one of our strategic goals of enhancing opportunities in and around our core assets," said Chuck Jeannes, Goldcorp President and Chief Executive Officer. "With the Penasquito mine achieving operational status as expected, we have accelerated our regional exploration and development initiatives in order to leverage our strong presence in this highly prospective district. The Camino Rojo Project will benefit from strong synergies with Penasquito in the areas of human talent, infrastructure and stakeholder partnerships. In addition, our total land package in the district will now exceed 4,600 square kilometres, providing an abundance of compelling exploration targets. Along with the steady advancement of our Noche Buena project located north of Penasquito, we can envision a potential network of low-cost satellite operations that would contribute significantly to Penasquito production over the long term."

The acquisition of Canplats by Goldcorp is expected to be completed by way of a court approved plan of arrangement whereby each Share will be exchanged for 0.074 of a common share of Goldcorp and shares of Newco.

The number of Goldcorp shares to be issued will be approximately 4.3 million based on the issued and outstanding shares as of the announcement date, but will be subject to adjustment depending on the number of options and warrants exercised under the Arrangement. The transaction is expected to close in January 2010.

As part of the Arrangement, a new exploration company will be created and 90.1% of its shares will be distributed to Canplats shareholders. The company will hold interests in certain early-stage exploration properties located in Durango and Chihuahua states, Mexico and cash in the amount of C$10 million through a newly-incorporated, wholly-owned Mexican subsidiary. All the shares of the newly-incorporated company (other than a 9.9% equity interest to be retained by Goldcorp) will be distributed to Canplats shareholders pursuant to the Arrangement.

The Arrangement has been approved by the boards of directors of Goldcorp and Canplats and will be subject, among other things, to the favourable vote of 66 2/3% of the Canplats common shares, options and warrants voting as a single class at a special meeting of Canplats security holders called to approve the transaction. Officers and directors of Canplats have entered into lock-up and support arrangements with Goldcorp under which they have agreed to vote in favour of the transaction, such shares, options and warrants representing approximately 6.6% of Canplats' outstanding shares, options and warrants.

In the event that the transaction is not completed, Canplats has agreed to pay Goldcorp a termination fee equal to C$7.2 million, under certain circumstances. Canplats has also provided Goldcorp with certain other customary rights, including a right to match competing offers.

Goldcorp's financial advisors are GMP Securities L.P.; its legal advisors are Cassels Brock & Blackwell LLP in Canada and Neal, Gerber & Eisenberg LLP in the United States.

Canplats shareholders and other interested parties are advised to read the materials relating to the proposed transaction that will be filed by Canplats with securities regulatory authorities in Canada and with the United States Securities and Exchange Commission when they become available because they will contain important information. Anyone may obtain copies of these documents when available free of charge at the Canadian Securities Administrators' website at www.sedar.com and from the United States Securities and Exchange Commission at its website at www.sec.gov. This announcement is for informational purposes only and does not constitute an offer to purchase, a solicitation of an offer to sell the Shares or a solicitation of a proxy.

Goldcorp is the lowest-cost and fastest growing multi-million ounce gold producer with operations throughout the Americas. Its gold production remains 100% unhedged.

(1) Represa Deposit Mineral Resource Summary(i)(ii)

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                   Size                 Grade
              -------------------------------------------    Gold   Silver
                 Tonnes   Gold  Silver   Zinc     Lead     Ounces   Ounces
Category      (millions)  (g/t)   (g/t)    (%)      (%)    (000's)  (000's)
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Measured           9.58   0.76   13.40   0.34     0.29        235    4,126
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Indicated        153.81   0.65   11.44   0.37     0.18      3,210   56,582
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Total M&I        163.39   0.66   11.56   0.37     0.19      3,445   60,708
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Inferred          31.03   0.56    7.63   0.31     0.10        555    7,612
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(i)  Based upon a cut-off grade of 0.2 grams gold per tonne for oxide and
     transitional resources, with a cut-off grade of 0.3 grams gold per
     tonne for sulphide resources.
(ii) Resources estimated by Mr. Douglas Blanchflower, P.Geo., of Minorex
     Consulting, an independent qualified person under NI 43-101, in a
     technical report dated January 5, 2009 and entitled "Technical Report
     on the Mineral Resources of the Camino Rojo Property."