Bullboard - Stock Discussion Forum Osisko Gold Royalties Ltd T.OR

Alternate Symbol(s): OR

Metals & Mining Gold

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... see more

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Osisko Gold Royalties Ltd > Osisko Announces Royalty Transaction

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Post by Betteryear2 on Oct 30, 2023 6:25pm

Osisko Announces Royalty Transaction

MONTREAL, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that it has acquired a 1.0% net smelter return (“NSR”) royalty (the “Royalty”) covering the Namdini Gold Project (“Namdini”) in Ghana. Osisko has closed the transaction with Savannah Mining Limited (“Savannah”), acquiring a direct interest in 50% of Savannah’s 2.0% NSR royalty for total consideration of US$35 million (excluding applicable taxes and levies).

Osisko Announces Royalty Transaction on the Namdini Gold (globenewswire.com)

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