RE:Does the spin-off of Cariboo make sense?Spinning it off at a discount? They doubled their money from when they bought it, Remeber it was purchased for around $338 million, Post money value is $850 million
Pro Forma Capital Structure ($ M) Pre-Money Value $750 New Equity Raised $100 Post-Money Value $850 Osisko Retained Ownership 88.0% New Investors Ownership 11.8% Barolo Ownership 0.2% Shares Outstanding 113,583,405 Osisko Royalties 100,000,000 Equity Financing Participants 13,350,000 Barolo Shareholders 233,405