Osisko Metals Inc V.OM

Alternate Symbol(s): OMZNF

Metals & Mining Copper

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.

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Osisko Metals Inc

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Comment by mullatschakon Feb 25, 2019 4:39am

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Post# 29407386

RE:Need some help understanding this.

there are some possibilities, but in this case, it is a "Spin Out", which means, assets are put into a new Shell - which could become an Independent company in future. Maybe through sales or through forwarding it to current shareholders for free. Could also be sold preferrably to current shareholders. Who knows:) If OSK sells it to the market, it is important to us/OSK, to gain current market value, in order not to loose value.

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