Osisko Gold Royalties Ltd. announces today that following the announcement by Agnico Eagle Mines Limited and Yamana Gold Inc., the operators of the Canadian Malartic Mine, operations at the Canadian Malartic Mine will be ramped down and placed on care and maintenance until April 13, 2020. As instructed, minimal work will take place during that time, in compliance with the most recent Quebec Government order in an effort [...]
Osisko Gold Royalties Ltd. hereby provides an update to its shareholders in light of its ongoing monitoring of evolving news related to COVID‑19. Given the uncertainties with respect to future developments, including the duration, severity and scope of the outbreak, the actions taken to contain or treat the COVID‑19 outbreak, and impacts on mining operations such as Newmont Corporation’s Éléonore mine [...]
Osisko Gold Royalties Ltd. today announced that it is postponing its annual meeting of shareholders to a later date. The Company is assessing its options to hold a virtual or hybrid meeting with a view to protecting the health and safety of its employees, shareholders and others who usually attend the annual meeting. The updated record date and date of the annual meeting of shareholders will be communicated shortly. The [...]
Osisko Gold Royalties Ltd. is pleased to announce that Osisko Mining Inc. has provided an updated mineral resource estimate for its 100% owned Windfall gold deposit , located in Québec. Osisko holds a 2.0-3.0% net smelter return royalty on Windfall. Drilling carried out in 2019 at Windfall increased the indicated mineral resource estimate by 60% and increased the inferred mineral resource estimate by 66% . The [...]
Osisko Gold Royalties Ltd. is pleased to announce a first quarter 2020 dividend of C$0.05 per common share. The dividend will be paid on April 15, 2020 to shareholders of record as of the close of business on March 31, 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 March 31, 2020. This dividend is an "eligible [...]
Osisko Gold Royalties Ltd. today announced its consolidated financial results for the fourth quarter and full year ended December 31, 2019 and provides guidance for 2020. Highlights Generated cash flows from operating activities of $17.2 million in the fourth quarter of 2019 for a record of $91.6 million for the year 2019, an increase of 11% compared to the year 2018; Record revenues from royalties and streams of $38.9 [...]
Osisko Gold Royalties Ltd. is pleased to announce that the board of directors has appointed Mr. Frédéric Ruel as Chief Financial Officer and Vice President, Finance, Mr. Iain Farmer as Vice President, Corporate Development and Mr. Benoit Brunet as Vice President, Business Strategy. The appointment of Messrs. Ruel, Farmer and Brunet will be effective as of February 20, 2020, following the release of the [...]
Osisko Gold Royalties Ltd. announces that its fourth quarter and full year 2019 results will be released after market on Wednesday, February 19, 2020 followed by a conference call on Thursday, February 20, 2020 at 10:00 am EST. Q4 and Full Year 2019 Results Conference Call Information Those interested in participating in the conference call should dial in at 1- 826-1698 , or 1- 648-7976 . An operator will direct [...]
Osisko Gold Royalties Ltd. is pleased to announce that it has increased its net smelter return royalty on the world-class Windfall gold project , currently being developed by Osisko Mining Inc. . Pursuant to its investment agreement with Osisko Mining dated August 25, 2015, the Company has exercised its right to repurchase six existing royalties on the Windfall Project. The royalties were purchased for total consideration [...]
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 [...]