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Betteryear2 on Jul 15, 2024 7:17am
Osisko and Franco-Nevada Acquire a Gold Stream
MONTREAL, July 15, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that its wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”), in partnership with Franco-Nevada (Barbados) Corporation (“FNB”), a wholly-owned subsidiary of Franco-Nevada Corporation (“Franco-Nevada”) (FNV: TSX & NYSE), has entered into a definitive Purchase and Sale Agreement (Gold) (the “Gold Stream”) with SolGold plc and certain of its wholly-owned subsidiaries (collectively, “SolGold”) (SOLG: LSE & TSX), with reference to gold production from SolGold’s 100%-owned Cascabel copper-gold project located in Ecuador (the “Project” or “Cascabel”). Osisko also holds a 0.6% NSR royalty on Cascabel which it purchased from SolGold in 2022. Osisko and Franco-Nevada Acquire a Gold Stream on SolGold’s (globenewswire.com)
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