Osisko Gold Royalties and Virginia Mines are pleased to announce that they have received final approval of the Superior Court of Québec for their proposed business combination pursuant to a plan of arrangement. Osisko and Virginia confirm that they continue to be on track to satisfy or waive all remaining conditions and anticipate the closing of the Arrangement to occur around mid-February, 2015.
Osisko today announces that it has filed an early warning report in connection with the 10,707,255 common shares of Falco Resources Ltd. held by Osisko. Osisko has expanded the purposes for which it may continue to hold the Falco Shares, and determined that, in addition to the investment purposes, it may use the Falco Shares for purposes of influencing the corporate, managerial and strategic policies of Falco. Osisko has [...]
Osisko Gold Royalties and Virginia Mines are pleased to announce that all resolutions in connection with their proposed business combination pursuant to a plan of arrangement were overwhelmingly approved today at the special meetings of their respective shareholders. At the Virginia Meeting, the special resolution authorizing the Arrangement was approved by 99.36% of the shareholders of Virginia present in person or [...]
Osisko Gold Royalties are pleased to announce that Glass, Lewis & Co., a leading independent proxy advisory firm which provides voting recommendations to institutional investors, has recommended that shareholders of Virginia vote FOR the special resolution to approve the plan of arrangement in connection with the business combination of Osisko and Virginia.
Osisko Gold Royalties and Virginia Mines are pleased to announce that ISS has recommended that shareholders of Virginia vote FOR the special resolution to approve the plan of arrangement in connection with the business combination of Osisko and Virginia. On November 17, 2014, Osisko and Virginia announced their proposed business combination structured by way of a plan of arrangement. Completion of the business combination [...]
Osisko Gold Royalties is pleased to announce the closing of a transaction with Highland Copper Company whereby Osisko has provided Highland with a C$10 million secured loan in exchange for, among other things, a 3% sliding-scale NSR royalty on all metals produced from the White Pine North project to be acquired by Highland. Under the Transaction, Highland also granted Osisko an exclusive option to purchase a 100% silver [...]
Osisko Gold Royalties and Virginia Mines are pleased to announce that they have filed their joint management information circular and related proxy materials with the Canadian securities regulators in advance of their special meetings of shareholders. Shareholders of record of each company on December 3, 2014 will receive notice of and be entitled to vote at their respective special meeting. The Joint Circular updates [...]
Osisko Gold Royalties is pleased to announce 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 Bid, Osisko may acquire up to 4,842,676 of its common shares from time to time in accordance with the normal course issuer bid procedures of the TSX, representing approximately 10% of the public float as of November 26, 2014. Repurchases [...]
MONTREAL, QUEBEC--(Marketwired - Nov 27, 2014) - Osisko Gold Royalties Ltd. (the "Company" or "Osisko") (TSX:OR) is pleased to announce that it has closed the previously announced $100 million revolving credit facility (the "Credit Facility" or "Facility") with National Bank of Canada. The Credit Facility will be used for investments in the mineral industry, including the acquisition of royalties and the funding of [...]
MONTREAL, QUEBEC--(Marketwired - Nov 26, 2014) - Osisko Gold Royalties Ltd. (TSX:OR) ("Osisko" or the "Corporation") is pleased to announce that it has closed the private placements announced on November 17, 2014 whereby Osisko issued a total of 2,794,411 common shares to la Caisse de dépôt et placement du Québec ("CDPQ") and le Fonds de solidarité FTQ (the "Fonds") at a price of C$15.03 per share for total gross proceeds of approximately C$42 million. In addition to their existing shareholdings, this share purchase increases CDPQ's ownership in Osisko to 6.9% and the Fonds' ownership in Osisko to 1.9%. About Osisko Gold Royalties Ltd Osisko is a gold-focused royalty and stream company whose cornerstone asset is a 5% Net ... [...]
MONTREAL, QUEBEC--(Marketwired - Nov 25, 2014) - Osisko Gold Royalties Ltd. ("Osisko" or the "Corporation") (TSX:OR) is pleased to announce the appointment of Ms. Françoise Bertrand to its Board of Directors. Recently appointed an Officer of the Order of Canada, Ms. Bertrand is the President and Chief Executive Officer of the Fédération des chambres de commerce du Québec (FCCQ). She sits on numerous boards of directors of profit and non-profit organizations, including Valeurs mobilières Desjardins and Concordia University. Ms. Bertrand was also a former Chair of Canadian Radio-television and Telecommunications Commission (CRTC). Ms. Bertrand holds a Bachelor of Arts - Major in Sociology from Université de... [...]
MONTREAL, QUEBEC--(Marketwired - Nov 25, 2014) - On November 24, 2014, Osisko Gold Royalties Ltd. (the "Company" or "Osisko") (TSX:OR) acquired, through the facilities of the Toronto Stock Exchange, beneficial ownership of 1,000,000 common shares ("Virginia Shares") of Virginia Mines Inc. ("Virginia Mines") (TSX:VGQ) at a price of $13.00 per Virginia Share (the "Acquisition"). Following the Acquisition, Osisko [...]
