Osisko Gold Royalties Ltd. is pleased to announce a fourth quarter 2023 dividend of C$0.06 per common share. The dividend will be paid on January 15, 2024 to shareholders of record as of the close of business on December 29, 2023. This dividend is an "eligible dividend" as defined in the Income Tax Act. For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate [...]
Osisko Gold Royalties announced its consolidated financial results for the third quarter of 2023. Amounts presented are in Canadian dollars, except where otherwise noted. Highlights - Third Quarter of 2023 23,292 gold equivalent ounces earned ; Revenues from royalties and streams of $62.1 million ; Cash flows generated by operating activities2 of $43.5 million ; Net loss2 of $20.0 million, $0.11 per basic share , mostly [...]
Osisko Gold Royalties is pleased to announce that it has acquired a 1.0% net smelter return royalty covering the Namdini Gold Project. Osisko has closed the transaction with Savannah Mining, acquiring a direct interest in 50% of Savannah's 2.0% NSR royalty for total consideration of US$35 million. HIGHLIGHTS Near-term gold equivalent ounces from a Fully-Permitted Project Currently Under Construction Namdini is on the [...]
Osisko Gold Royalties is pleased to provide an update on its third quarter 2023 deliveries, revenues, cash margin and recent asset advancements. All monetary amounts included in this report are expressed in Canadian dollars, unless otherwise noted. PRELIMINARY Q3 2023 RESULTS Osisko earned approximately 23,292 attributable gold equivalent ounces1 in the third quarter of 2023, including 1,386 GEOs earned from the recently [...]
Osisko Gold Royalties Ltd. is pleased to announce a third quarter 2023 dividend of C$0.06 per common share. The dividend will be paid on October 16, 2023 to shareholders of record as of the close of business on September 29, 2023. This dividend is an "eligible dividend" as defined in the Income Tax Act . For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on the daily rate [...]
Osisko Gold Royalties announced its consolidated financial results for the second quarter of 2023. Amounts presented are in Canadian dollars, except where otherwise noted. Highlights - Second Quarter of 2023 24,645 GEOs1 earned, an increase of 11% over the second quarter of 2022 ; Revenues from royalties and streams of $60.5 million ; Cash flows generated by operating activities2 of $47.4 million ; Cash margin3 of $56.2 [...]
Osisko Gold Royalties Ltd. is pleased to congratulate Patriot Battery Metals Inc. on the maiden Mineral Resource Estimate for the CV5 Spodumene Pegmatite at its wholly owned Corvette Property , located in the Eeyou Istchee James Bay region of Québec. The MRE at CV5 has established it as the largest lithium pegmatite mineral resource in the Americas, returning 109.2 million tonnes at 1.42% Lithium Oxide and 160 parts per [...]
Osisko Gold Royalties Ltd. is pleased to provide an update on its second quarter 2023 deliveries, revenues, cash margin and recent asset advancements. All monetary amounts included in this report are expressed in Canadian dollars, unless otherwise noted. PRELIMINARY Q2 2023 RESULTS Osisko earned approximately 24,645 attributable gold equivalent ounces1 in the second quarter of 2023, including 1,527 GEOs earned from the [...]
Osisko Gold Royalties announced the appointment of Mr. Paul Martin, an experienced mining executive, as its interim Chief Executive Officer, and the departure of its President and Chief Executive Officer, Mr. Sandeep Singh, effective immediately. Osisko's Board of Directors has commenced a search for a new permanent President and Chief Executive Officer. Mr. Martin has significant experience in multi-operational [...]
Osisko Gold Royalties is pleased to announce that it has completed an amendment to its 75% silver stream with respect to the Gibraltar copper mine , located in British Columbia, Canada, which is operated by a wholly-owned subsidiary of Taseko Mines. On March 15th, 2023, Taseko announced the completion of its acquisition of an additional 12.5% interest in Gibraltar from Sojitz Corporation giving Taseko an effective 87.5 [...]
Osisko Gold Royalties Ltd. is pleased to announce that it has entered into a binding agreement to acquire a 1.0% copper net smelter return royalty and a 3.0% gold NSR royalty from Hot Chili Limited covering Hot Chili's Costa Fuego Copper-Gold Project in Chile, for total cash consideration of US$15.0 million. Sandeep Singh, President and CEO of Osisko commented: "Costa Fuego has the potential to be a long-life, lower-cost [...]
Osisko Gold Royalties Ltd. is pleased to report that the Corporation's wholly-owned subsidiary, Osisko Bermuda Limited , closed the previously announced silver purchase agreement and copper purchase agreement with Metals Acquisition Limited concurrently with the closing of the acquisition by MAC of the producing CSA mine in New South Wales, Australia from a subsidiary of Glencore plc . The closing date of the Metals [...]