Osisko Metals Inc V.OM

Alternate Symbol(s): OMZNF

Metals & Mining Industrial Metals & Minerals

Osisko Metals Incorporated is a Canada-based exploration and development company. The Company is engaged in the exploration and evaluation of base metals properties with a focus on copper and zinc mineral assets located in Canada. The Company’s projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. Its Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec including the copper mountain expansion deposit that hosts a NI43-101 inferred resource of 456 Megaton (Mt) grading. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories. It is based on current mineral resource estimates, which is an open pit and shallow underground mining and consist of 12.9 Mt grading. Its Mount Copper Expansion project is a copper resource property, which is located in Eastern North America. The Company’s subsidiary is Pine Point Mining Limited.

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Osisko Metals Inc

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Comment by tavistockon Jun 15, 2007 5:23pm

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Post# 12952342

RE: Osisko arranges $25-million financing

Flow through shares are generally offered by resource companies at premiums of between 10% to 25% and on rare occasions as high as 30%! Anything higher than 30% nullifies the benefits (depending on provincial residence) I suspect that 25% premium on this placement is reasonable especially since there is a lot of positive news expected on the horizon. Appreciate any comments from those visiting OSK at the resource show this weekend in Vancouver (Booth # 209)

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