Osisko Metals Inc V.OM

Alternate Symbol(s): OMZNF

Metals & Mining Industrial Metals & Minerals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space, more specifically copper and zinc. The Company is focused on base metal projects located in Canada. Its projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. The Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec. Gaspe Copper hosts the undeveloped copper resource in Eastern North America, strategically located near existing infrastructure. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories, between Hay River to the west and Fort Resolution to the east. The Mount Copper Expansion Project hosts the undeveloped copper resource 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 VGsneakon Feb 20, 2019 5:49pm

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Post# 29390792

RE:lots of questions

Back of the envelope. These are my own assumptions. Do your own work.

22m OS / 40 = 550k newco shares.

Using the 3.88 unit price maybe the warrrant is worth 8 cents? Maybe 18c?
so shares in newco $3.80

so paying $2m for a shell and public listing. It’s looks like a clean shell.

At what valuation are the assets going in? $100m off the 3.80 raise? Or another price?

so OSK owns 89% of newco pro Forma?

Interesting move. If it gets the assets valued higher / correctly then it’s a win for OSK shareholders. What’s newco do with the $10m? Drill?

Blah, blah, this is not advice or a solicitation.

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