Canplats Resources Corporation

Canplats Resources Corporation

January 28, 2010 21:13 ET

Canplats Securityholders Approve Transaction With Goldcorp

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 28, 2010) - Canplats Resources Corporation (TSX VENTURE:CPQ) ("Canplats" or the "Company") is pleased to announce that the holders of Canplats common shares, options and warrants have approved the previously announced acquisition of Canplats by Goldcorp Inc. ("Goldcorp") pursuant to a plan of arrangement under the British Columbia Business Corporations Act (the "Arrangement"). At the special meeting of Canplats securityholders held on January 28, 2010, an aggregate of 32,674,204 securities were voted in favour of a special resolution approving the Arrangement, representing 94.1% of the votes cast. The total votes cast represent 34,709,944 securities or 52.7% of the total outstanding securities. The special resolution was also approved by 93.3% of the votes cast by the shareholders of the Company, other than Goldcorp and its affiliates, at the meeting.

Completion of the Arrangement remains subject to the approval of the British Columbia Supreme Court and other customary closing conditions. Application to the Court for the Final Order approving the Arrangement is expected to be made on Wednesday, February 3, 2010.

To receive Canplats' news releases, contact Blaine Monaghan, Director, Investor Relations, at or (866) 338-0047.

Cautionary Note Regarding Forward-Looking Statements

Statements contained in this news release that are not historical fact are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and forward-looking information under the provisions of Canadian securities laws (collectively, "forward-looking statements"). Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, the company's ability to raise sufficient capital to fund development, changes in economic conditions or financial markets, changes in prices for the company's mineral products or increases in input costs, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in Mexico, technological and operational difficulties or inability to obtain permits encountered in connection with exploration and development activities, labour relations matters, and changing foreign exchange rates, all of which are described more fully in the company's filings with the Securities and Exchange Commission and on SEDAR. The company undertakes no obligation to publicly update or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Canplats Resources Corporation - Corporate Information
    R.E. Gordon Davis
    Chairman and C.E.O.
    Direct: (604) 629-8292
    Canplats Resources Corporation - Corporate Information
    Bruce A. Youngman
    President and C.O.O.
    Direct: (604) 629-8293
    Canplats Resources Corporation - Investor Inquiries
    Blaine Monaghan
    Director, Investor Relations
    Direct: (604) 629-8294 or Toll-Free: (866) 338-0047
    Kingsdale Shareholder Services Inc. - Investor Inquiries
    Toll-Free: (888) 518-6812
    (416) 867-2271
    G2 Consultants Corporation - Investor Inquiries
    (604) 742-9990 or NA Toll-Free: (866) 742-9990
    (604) 742-9991