Osisko Exercises Royalty Buyout

Precious Metals

The Financial Post reported that Osisko Mining Corp. (TSE:OSK) exercised an option to buy out half of its next royalty payable to Royal Gold.

The Financial Post reported that Osisko Mining Corp. (TSX:OSK) exercised an option to buy out half of its next royalty payable to Royal Gold.

The market news is quoted as saying:

Osisko management told Dundee Securities analyst Ron Stewart that the royalty applied to approximately 60% of the Canadian Malartic deposit, which covers roughly half of the 9 million ounce reserve.

To read the full market news, click here.

The Conversation (0)
×