Osisko Gold Royalties announces that it has completed the previously announced purchase from Falco Resources of a secured debenture having a principal amount of C$7,000,000. The Debenture will, upon approval of the disinterested shareholders of Falco, become convertible into units of Falco, with each unit comprised of one common share of Falco and one-half of one common share purchase warrant of Falco. Immediately prior [...]
MONTRÉAL, June 18, 2018 -- Osisko Gold Royalties Ltd. is pleased to announce that it has entered into a binding term sheet to provide Falco Resources Ltd. with a senior secured silver stream credit facility with reference to up to 100% of the future silver produced from the Horne 5 property located in Rouyn-Noranda, Québec from Falco. As part of the Silver Stream, Osisko will make staged upfront cash [...]
MONTREAL, May 04, 2018 -- Osisko Gold Royalties Ltd. announces that, at the annual and special meeting of shareholders held on May 3, 2018, each of the 10 nominees listed in the management information circular filed on March 29, 2018 with regulatory authorities were elected as directors of the Corporation. Based on the proxies received and the votes on a show of hands, the following individuals were elected as directors [...]
MONTREAL, May 03, 2018 -- Osisko Gold Royalties Ltd. is pleased to announce a second quarter 2018 dividend of $0.05 per common share. The dividend will be paid on July 16, 2018 to shareholders of record as of the close of business on June 29, 2018. 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 June 29, 2018. This [...]
MONTREAL, May 03, 2018 -- Osisko Gold Royalties Ltd. today announced its consolidated financial results for the first quarter ended March 31, 2018 and an update on matters following quarter-end. Highlights Earned 20,036 gold equivalent ounces1 , in-line with the 2018 annual guidance of 77,500 to 82,500 GEOs; Generated cash flows from operating activities of $23.3 million, a record which represents a 94% increase compared [...]
MONTRÉAL, April 16, 2018 -- Osisko Gold Royalties Ltd. is pleased to announce that it has completed the previously announced C$148 million financing transaction with Victoria Gold Corp. , pursuant to which Osisko acquired from Victoria a 5% net smelter return royalty for C$98 million on the Dublin Gulch property which hosts the Eagle Gold project located in Yukon, Canada, and purchased from Victoria, on a private [...]
Osisko Gold Royalties announces that it has subscribed for and received from Niobay Metals 9,000,000 common shares of Niobay at a price of $0.26 per share by way of a private placement of Niobay, for an aggregate subscription price of $2,340,000. Immediately prior to the closing of the Private Placement, Osisko did not have beneficial ownership of, or control and direction over, any common shares of Niobay. Immediately [...]
Osisko Gold Royalties Ltd. is pleased to announce that it has signed a term sheet with Victoria Gold Corp. to acquire a 5% net smelter return royalty for C$98 million on the Dublin Gulch property which hosts the Eagle Gold project located in Yukon, Canada . Eagle is a shovel ready gold project which currently hosts 2.7 million ounces in proven and probable gold reserves from 123 million tonnes of ore with a grade of 0.67 [...]
Osisko Gold Royalties Ltd. is pleased to announce a first quarter 2018 dividend of C$0.05 per common share. The dividend will be paid on April 16, 2018 to shareholders of record as of the close of business on March 30, 2018. 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 March 30, 2018. This dividend is an "eligible [...]
Osisko Gold Royalties Ltd. is pleased to report its results for the fourth quarter and full year 2017 and provide 2018 guidance. Amounts are in Canadian dollars unless otherwise noted. Sean Roosen, Chair of the Board and Chief Executive Officer, commenting on the 2017 performance: "2017 has been a transformational year for Osisko with the acquisition of the Orion portfolio, which was a significant step forward for our [...]
Osisko Gold Royalties announces that, pursuant to the terms of a share purchase agreement entered into with Alamos Gold on February 16, 2018, Osisko has acquired direct ownership of 25,300,000 common shares of Corex Gold at a price of $0.13 per common share. Immediately prior to the closing of the Transaction, Osisko did not have beneficial ownership of, or control and direction over, any common shares of Corex Gold [...]
Osisko Gold Royalties announces that it has subscribed for and received from Algold Resources 14,285,714 units of Algold at a price of $0.14 per unit by way of a private placement of Algold, for an aggregate subscription price of $1,999,999.96. Each Unit is comprised of one common share of Algold and one common share purchase warrant of Algold entitling the holder thereof to purchase one additional common share of Algold [...]
