Osisko Gold Royalties Ltd.

Osisko Gold Royalties Ltd. today announced its consolidated financial results for the third quarter of 2020. Highlights Record revenues from royalties and streams of $41.2 million; Record cash flows from operating activities of $36.1 million ; $31.7 million before changes in non-cash working capital items; Record cash operating margin1 of 96.4% from royalty and stream interests, generating $39.7 million in operating cash [...]

Osisko Gold Royalties and Barolo Ventures are pleased to announce, further to their joint news releases dated October 5, 2020 and October 28, 2020 relating to the "Reverse Take-Over" of Barolo under the policies of the TSX Venture Exchange, the closing of the previously-announced "bought deal" private placement offering of 13,350,000 subscription receipts of Osisko Development Holdings Inc. at a subscription price of CDN [...]

Osisko Gold Royalties and Barolo Ventures are pleased to provide certain corporate updates on their previously-announced spin-out transaction, further to their joint news release dated October 5, 2020, which will result in a "Reverse Take-Over" of Barolo under the policies of the TSX-V. In this news release, references to the "Resulting Issuer" or "Osisko Development" are to Barolo after the closing of the RTO. Execution [...]

Osisko Gold Royalties Ltd. is pleased to announce that it has received approximately 16,700 attributable gold equivalent ounces1 and recorded preliminary revenues2 of C$55.7 million during the three months ended September 30, 2020. Preliminary cost of sales, excluding depletion2, was C$15.2 million resulting in a cash operating margin3 of approximately C$40.5 million. Excluding offtakes, Osisko’s cash operating margin on [...]

Osisko Gold Royalties Ltd. today announced that the Lhtako Dene Nation and Barkerville Gold Mines Ltd. , its wholly owned subsidiary and future 100% subsidiary of Osisko Development Corp., have entered into a life-of-project agreement to facilitate the development of the Cariboo Gold Project . The Project Agreement achieves our common goal to provide Project-related opportunities and benefits for current and future [...]

Osisko Gold Royalties Ltd. is pleased to announce drilling results from the definition and expansion drill program at the Cariboo Gold Project in central British Columbia. Sean Roosen, Chair and CEO of Osisko, commented: “Since Osisko first got involved in the Cariboo project we have been firm believers in its potential scale and importance within the sector. Recent drill results continue to confirm our thesis that [...]

Osisko Gold Royalties Ltd. and Barolo Ventures Corp. are pleased to announce that they have entered into a binding letter agreement dated October 5, 2020 outlining the terms upon which Osisko Royalties will transfer certain mining properties, including the Cariboo Gold Project, and a portfolio of marketable securities valued at approximately CDN $116 million, to Barolo in exchange for common shares of Barolo , which will [...]

MONTR?AL, Sept. 14, 2020 -- Osisko Gold Royalties Ltd. is pleased to announce that, following a thorough review of operations and the establishment of a detailed restart plan, the Renard diamond mine, operated by Stornoway Diamonds Canada Inc. , will be restarting operations in September 2020. The detailed plan approved by the Board of Directors of Stornoway and its shareholders includes cost reductions of over $30M over [...]

Osisko Gold Royalties Ltd. is pleased to announce that it has entered into a definitive agreement to acquire the outstanding 15% ownership in a portfolio of Canadian precious metals royalties held by the Caisse de d?p?t et placement du Qu?bec for cash consideration of C$12.5 million. This 15% interest represents the remaining portion of the portfolio of royalties purchased from Teck Resources Ltd. in October 2015. The [...]

Osisko Gold Royalties is pleased to announce a third quarter 2020 dividend of C$0.05 per common share. The dividend will be paid on October 15, 2020 to shareholders of record as of the close of business on September 30, 2020. 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 September 30, 2020. This dividend is an [...]