Osisko Mining is pleased to announce that "Windfall Mining Group", has concluded the hydro-electricity power allocation agreement with Hydro-Québec, a wholly-owned Crown corporation of the Québec Government. The forecasted power demand and allocation for the electrical Installation is 27,400 kW for Windfall. Power will be delivered at the MICO [...]
Osisko Mining is pleased to announce that it has entered into a binding letter agreement with Bonterra Resources for a 70% exploration earn-in and joint venture on all of the Urban-Barry properties held by Bonterra, in addition to the adjoining Duke and Lac Barry properties. The Duke property is currently 70% owned by Bonterra and 30% owned by [...]
Osisko Mining Inc. is pleased to provide the following corporate update. Wildfire Situation in Eeyou Istchee James Bay On July 17, Québec's Ministry of Natural Resources and Forests lifted the access restriction to forests and roads on Crown land in the Eeyou Istchee James Bay area surrounding the Windfall site. To help and support provincial [...]
Osisko Mining would like to provide the following update on the ongoing forest fire situation affecting the communities in Abitibi and Eeyou Istchee James Bay, where the Windfall gold project is located. On June 2 and 3, 2023, Quebec's Ministry of Natural Resource and Forests announced prohibitions regarding forest access on Crown lands, and closed [...]
Osisko Mining is pleased to announce the results of its annual and special meeting of shareholders held earlier today. A total of 291,356,722 common shares of the Corporation were represented at the Meeting, representing approximately 75.9% of the total number of common shares of the Corporation issued and outstanding. All matters presented for [...]
Osisko Mining is pleased to announce it has concluded a 50/50 joint venture agreement with a subsidiary of Gold Fields Limited for the joint ownership and development of Osisko's Windfall gold project. Transaction Highlights Gold Fields initial cash payment to Osisko of C$300 million on signing. Gold Fields additional cash payment to Osisko of [...]
Osisko Mining announces that its Board of Directors has approved minor amendments to the omnibus equity incentive plan of the Corporation, which is proposed for approval by the shareholders of the Corporation at Osisko's annual and special meeting of shareholders to be held on May 29, 2023, to address comments from ISS Proxy Advisory Services on [...]
Osisko Mining is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold projec. The targeted feasibility study surface drilling campaign was completed at the end of Sept 2022. In the past 6 months, over 55,000 m additional have been drilled by 9 underground rigs focused on expansion and infill work [...]
Osisko Mining announces that in accordance with regulatory requirements it has filed an early warning report in respect of its holdings in Vior Inc. In connection with private placement by Vior of flow-through common shares on March 30, 2023, Osisko acquired from the initial subscribers in the Private Placement an aggregate of 6,983,765 common [...]
Osisko Mining is pleased to announce that it has submitted the Environmental Impact Assessment Report for its Windfall project to the Environmental and Social Impact Review Committee. The Windfall project entirely on the traditional land of the Cree First Nation of Waswanipi. The Windfall EIA was prepared by WSP Canada Inc. with contributions from [...]
Osisko Mining is pleased to announce that it has concluded the previously announced binding term sheet agreement and signed a definitive agreement with Miyuukaa with respect to the construction of proposed transmission facilities and the transport of hydroelectric power to the Windfall Project. The power line from the Waswanipi substation to [...]
Osisko Mining Inc. is pleased to announce the completion of its previously announced "bought deal" private placement of an aggregate of 32,260,000 units of the Corporation at a price of C$3.10 per Unit for aggregate gross proceeds of approximately C$100 million, including the exercise in full of the underwriters' option . Each Unit consists of one [...]