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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

Post by Betteryear2on Jul 26, 2021 8:09am
217 Views
Post# 33603371

Agreement to Purchase Royalty on Tocantinzinho Project

Agreement to Purchase Royalty on Tocantinzinho ProjectMONTREAL, July 26, 2021 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a royalty transfer agreement with Sailfish Royalty Corp. (“Sailfish”) pursuant to which Osisko has agreed to purchase an up to 2.75% net smelter return (“NSR”) royalty on the Tocantinzinho gold project (“Tocantinzinho”) operated by Eldorado Gold Corporation (“Eldorado”) for cash consideration of US$10 million.

https://www.globenewswire.com/news-release/2021/07/26/2268552/0/en/Osisko-Announces-Agreement-to-Purchase-Royalty-on-Tocantinzinho-Project.html
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