Police Raid Osisko Management of Queenston have a responsibility to the shareholders to not enter into an arrangement with a company whose business practices are not ethical and also to a much higher level of scrutiny a business who breaks the law. OSK have a cash call for $22.5M coming soon, this along with other incidents are troubling!
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MONTREAL - Police participated in a raid on a major gold mine in Quebec, seizing documents related to its drilling and blasting practices Wednesday.
Provincial police moved in to grab documents at the Canadian Malartic mine, which belongs to Montreal-based Osisko Mining Corp. (TSX:OSK.TO - News)
They were joining representatives of the provincial Environment ministry.
A spokeswoman for Environment Minister Daniel Breton said the raid was prompted by allegations that the company broke the conditions of the deal that allowed it to exploit the mine.
She said departmental officials demanded documents linked to drilling and blasting from April 2011 to October 2012.