When people don't do there DD and follow bloggers it's been awhile i see individuals on this site and on CEO site stating that Osisko owes $154 million debt , but if you would take time to read financials on a company you would see it's $106 million after termination of agrrement and as of mARCH 31 2023 ..they just want to promote there own play by bringing down others ..check out the funny character on CEO site called Goldpan ..he is one of many trying there best to recoup there losses here on Bontera..they will steep to the lows to try and get people to buy...do your own DD before you buy ..glta
Convertible debenture The following table summarizes information regarding the Corporation’s convertible debenture as at March 31, 2023: The fair value of the debt component of the convertible debenture increased from $102,124,000 on December 31, 2022 to $106,901,000 on March 31, 2023, resulting in a fair value loss of $3,741,000 for the period (2022 – gain of $34,908,000). The gain in the three-month period ended March 31, 2022 was primarily due to the termination of joint venture negotiations with respect to Osisko's Windfall Project with Northern Star Resource Limited. The exclusivity period for negotiation of the joint venture and associated rights of converting the convertible debenture into a joint venture interest expired on March 1, 2022. The change in the fair value due to credit risk, which is presented in the other comprehensive loss, was $1,036,000 (2022 – $574,000). As at March 31, 2023, the accrued interest payable included in accounts payable and accrued liabilities was $2,425,000.