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Osisko Gold Royalties Ltd T.OR

Alternate Symbol(s):  OR

Osisko Gold Royalties Ltd is a Canada-based intermediate precious metal royalty company. The Company is engaged in the business of acquiring and managing royalties, streams and similar interests on precious metals and other commodities. The Company's portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, located in Canada. The Company holds a North American focused portfolio of over 185 royalties, streams and precious metal offtakes, including 20 producing assets.


TSX:OR - Post by User

Bullboard Posts
Post by CruxInvestoron Aug 25, 2020 9:18am
272 Views
Post# 31449289

Crux Investor Interview

Crux Investor Interview Here is the link to our latest transcript for $OR on 'he Best Royalty Company in the World?': https://cruxinvestor.com/opinions/osisko-gold-royalties-tse-or-the-best-royalty-company-in-the-world-transcript/

"Osisko Gold Royalties is the product of Osisko One, which was that a company that I created with my private equity group, Eurasia Holdings. We founded Osisko one in 2003. We bought the Canadian Malartic mine in 2004 for USD$80,888. We invested USD$1.2Bn in that project. It sits between Goldex that belongs to Agnico and you and the Loron mine that belongs to Agnico in the Abitibi in Quebec. And we started drilling there. We put 1.2M metres of drilling in phase one, and we built Canada’s largest producing Gold mine. And we produce about 700,000oz of Gold. And it’s one of the top, most important Gold mines in the world. We sold that to Agnico and Yamana in 2014 for USD$4.3Bn. And we started out as Osisko Gold Royalties, which is only asset asset was a 5% top-line Royalty on the Canadian Malartic mine, which gives us about 35,000oz of zero-cost, 100% margin Gold, which was the founding asset to the company."

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