Osisko Metals Closes the Purchase of Key Anacon and Outlines its 2018 Exploration Plans for the Property

Osisko Metals (the “Company” or “Osisko Metals”) (TSX VENTURE:OM)(FRANKFURT:0B5) is pleased to announce the closing of its acquisition of a 100% undivided interest in Claim Block 1837 known as the Key Anacon claims, consisting of 45 mineral claim units located within the Bathurst Mining Camp approximately 19 km due south of the town of Bathurst, New Brunswick, and surrounding area (the “Project”), pursuant to the definitive purchase agreement dated December 21, 2017 (the “Purchase Agreement”) with Hunter Brook Holdings Limited (“Hunter Brook”) that was previously announced on December 27, 2017.

As consideration for acquiring the Key Anacon claims and the exclusive rights to explore and develop the Project, Osisko Metals paid Hunter Brook $750,000 in cash and issued to Hunter Brook 319,957 common shares of Osisko Metals at a deemed price of $0.7814 per share.
The common shares are subject to a statutory hold period which expires on May 23, 2018.

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