Osisko Declares 14th Quarterly Dividend

Osisko Gold Royalties (“Osisko” or the “Company”) (TSX:OR) (NYSE:OR) is pleased to announce a first quarter 2018 dividend of C$0.05 per common share. The dividend will be paid on April 16, 2018 to shareholders of record as of the close of business on March 30, 2018.

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 30, 2018. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada).

The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada and the United States may elect to participate in the Plan in connection with the dividend to be paid on April 16, 2018 to shareholders on record as of March 30, 2018.

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