Goldcorp Commences Offer for Outstanding Shares of Exeter - Deposit Period News Release

Exeter Resource Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 20, 2017) - Exeter Resource Corporation (NYSE MKT:XRA)(TSX:XRC)(FRANKFURT:EXB) ("Exeter" or the "Company") and Goldcorp Inc. (NYSE:GG)(TSX:G) ("Goldcorp") are pleased to announce that Goldcorp has formally commenced an offer (the "Offer") to the shareholders of Exeter to acquire all of the issued and outstanding common shares of Exeter (the "Exeter Shares") in exchange for common shares of Goldcorp ("Goldcorp Shares"). Holders of Exeter Shares that accept the Offer will receive 0.12 of a Goldcorp Share in exchange for each Exeter Share acquired by Goldcorp under the Offer.