Osisko Gold Royalties Ltd. announces that it has purchased and received from Minera Alamos Inc., 30,000,000 common shares of Minera Alamos for a price of $0.20 per Share by way of a private placement of Minera Alamos, for an aggregate purchase price of $6,000,000. Immediately prior to the closing of the Transaction, Osisko held, directly or indirectly, 46,080,000 common shares of Minera Alamos, and warrants entitling [...]
Osisko Gold Royalties Ltd. would like to highlight some of the Company’s recent achievements that will add significant value for its shareholders. In 2019, Osisko announced a total of eight royalty and streaming transactions valued at over $245 million – ranking the Company among the most active participants in the royalty and streaming sector. Horne 5 Silver Stream: On February 27, Osisko completed a silver [...]
Osisko Gold Royalties Ltd. today has been informed by Lydian International Limited that Lydian and its direct and indirect wholly owned subsidiaries, Lydian Canada Ventures Corporation and Lydian U.K. Corporation Limited, have obtained an initial order from the Ontario Superior Court of Justice for protection under the Companies’ Creditors Arrangement Act as a result of the ongoing unlawful activities against [...]
Osisko Gold Royalties Ltd. is pleased to announce that Osisko Mining Inc. has reported significant high-grade drill results at its Windfall gold project . Today, Osisko Mining announced1 a diamond drill intercept that graded 1,475 grams per tonne uncut over 4.6 meters at Windfall’s Lynx zone representing one of the best intercepts at the project to date. Sean Roosen, Chair and CEO of Osisko stated: “We would [...]
Osisko Gold Royalties Ltd. announces that it has subscribed for and received from Osisko Metals Inc, 14,000,000 units of Osisko Metals for a price of $0.50 per Unit by way of a non-brokered private placement of Osisko Metals, for an aggregate subscription price of $7,000,000. Each Unit is comprised of one common share and one quarter of a share purchase warrant, each Warrant entitling the holder to purchase one common [...]
Osisko Gold Royalties Ltd. today announces that the Toronto Stock Exchange has approved the Corporation's notice of intention to make a normal course issuer bid . Under the terms of the NCIB Program, Osisko may acquire up to 13,681,732 of its common shares from time to time in accordance with the normal course issuer bid procedures of the TSX. The normal course issuer bid will be conducted through the facilities of the [...]
Osisko Gold Royalties Ltd. announces that Bryan A. Coates will step down as President of the Company effective December 31, 2019 and Sandeep Singh will be appointed President of the Company. Bryan Coates stepping down as President Mr. Coates will step down as President of the Company effective December 31, 2019. Mr. Coates has been an important player in the Canadian mining business, and a key contributor in the [...]
Osisko Gold Royalties Ltd. and Barkerville Gold Mines Ltd. are pleased to announce the successful completion of their previously-announced business combination, pursuant to which, among other things, Osisko has acquired all of the issued and outstanding common shares of Barkerville which it did not already own by way of a statutory plan of arrangement under the provisions of the Business Corporations Act . The Arrangement [...]
Osisko Gold Royalties Ltd. is pleased to announce a fourth quarter 2019 dividend of C$0.05 per common share. The dividend will be paid on January 15, 2020 to shareholders of record as of the close of business on December 31, 2019. For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate published by the Bank of Canada on December 31, 2019. This dividend is an [...]
Osisko Gold Royalties Ltd. today announced its consolidated financial results for the third quarter of 2019. Highlights Cash on hand of $123.7 million, $293.0 million in equity investments1 and up to $480 million availability under its credit facility as at September 30, 2019; Increased its credit facility from $350.0 million to $400.0 million, with an additional uncommitted accordion of up to $100.0 million and extended [...]
Barkerville Gold Mines Ltd. is pleased to announce that Institutional Shareholder Services Inc., and Glass Lewis and Co., LLC, both independent proxy advisory firms that provide voting recommendations for institutional investors, have recommended that shareholders vote FOR the Arrangement Resolution in connection with the proposed plan of arrangement whereby Osisko Gold Royalties Ltd. will acquire all of the issued and [...]
Osisko Gold Royalties Ltd. announces that its third quarter 2019 results will be released after market on Wednesday, November 6, 2019 followed by a conference call on Thursday, November 7, 2019 at 10:00 am EST. Q3 2019 Results Conference Call Information Those interested in participating in the conference call should dial in at: 1 223-4471 1 788-4922 An operator will direct participants to the call. The conference call [...]