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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals space, more specifically copper and zinc. The Company is focused on base metal projects located in Canada. Its projects include the Gaspe Copper project, the Pine Point project, and Mount Copper Expansion project. The Gaspe Copper project is located near Murdochville in the Gaspe peninsula of Quebec. Gaspe Copper hosts the undeveloped copper resource in Eastern North America, strategically located near existing infrastructure. The Company’s Pine Point project is located on the south shore of Great Slave Lake in Canada’s Northwest Territories, between Hay River to the west and Fort Resolution to the east. The Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company’s subsidiary is Pine Point Mining Limited.


TSXV:OM - Post by User

Post by KatieRosslandon Apr 30, 2022 7:57am
212 Views
Post# 34644564

Why would Glencore partner?

Why would Glencore partner?Glencore needs feeds for their smelters so they are partnering with teams that can get non core assets like these in their portfolio into production quickly. They take larger stakes in company as a result and have off take secured. Glencore will own 30% of OM.v also gaining access to pinepoint offtake which they need as well. Pine point once developed will be the 9th largest zinc mine by annually production, Glencore is the largest zinc player in the world. Plus they get seats on our board. I recommend anyone that is doing an hour of homework by googiling is not getting the full picture, if you are a serious investor give the company a call, they are happy to share facts and not the noise. 

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