GREY:NMKEF - Post by User
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Tcheckon Aug 29, 2020 5:36pm
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Post# 31475751
Osisko Quebec giving streaming royalties to orion
Osisko Quebec giving streaming royalties to orion Fonds and caisse de placement involved.
orion vested interest in quebecs mining landscape.royalties in otherplaces than nemaska.
big friend of IQ. Are they sharing quebecs riches between each other?
:) looks like it.steady partner.
The combination of Osisko and Orion’s portfolios will result in the Company holding a total of 131 royalties and streams, including 16 revenue-generating assets. The Company’s cornerstone asset remains the 5% net smelter return (“NSR) royalty on the world class and long-life Canadian Malartic gold mine (Canada’s largest producing gold mine) and its 2 to 3.5% NSR royalty on the world class lonore gold mine. Through the Transaction, the Company gains a 9.6% diamond stream on the Renard diamond mine and a 4% gold and silver stream on the Brucejack gold and silver mine, all of which are new high-quality mines in Canada, in addition to a 100% silver stream on the substantial Mantos Blancos copper mine in Chile.