Osisko Mining Corporation
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TAKEOVER: Goldcorp’s offer for Osisko expires
VANCOUVER – Goldcorp says that the minimum tender offer for its takeover of Osisko Mining Corp. was not met by 11:59 pm EDT on April 22, 2014. Therefore, the offer was allowed to expire and Goldcorp did not take up any of the Osisko…
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Goldcorp to end its fight for Osisko
Goldcorp (TSX: G; NYSE: GG) is bowing out of the race for Osisko Mining (TSX: OSK; US-OTC: OSKFF) by announcing it won’t amend its $3.6-billion hostile takeover offer for the junior producer and its large Canadian Malartic gold mine in…
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TAKEOVER: Yamana bulks up treasury for Osisko deal
TORONTO – Yamana Gold has received commitments for a two-year, US$750-million senior unsecured term facility. The company intends to use the money for corporate and working capital, including Yamana’s cash portion of Osisko Mining…
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TAKEOVER: Price for Osisko jumps to $3.9B in new 3-way deal
MONTREAL and TORONTO – Osisko Mining Corp., Yamana Gold and Agnico Eagle Mines have arrived at a three-way friendly agreement whereby Yamana and Agnico Eagle together will purchase all of Osisko’s outstanding common shares for total…
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TAKEOVER: Goldcorp comes out swinging at Osisko-Yamana deal
VANCOUVER – Goldcorp has reviewed the documents related to the proposed deal between Osisko Mining Corp. and Yamana Gold, and the Vancouver suitor says the offer is lacking. Goldcorp says the disclosure documents provide more information…
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GOLD: Osisko cuts 1.53 g/t over 87 metres at Upper Beaver
ONTARIO – Montreal-based Osisko Mining Corp. has intersected 1.53 g/t Au (and 0.04% Cu) over 87.0 metres at the Upper Beaver deposit. The deposit is one of five with NI 43-101 resources at the company’s Kirkland Lake project near the town…
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TAKEOVER: Goldcorp ups offer for Osisko to $3.6B
VANCOUVER – Goldcorp has increased its hostile takeover offer for Osisko Mining Corp. to $7.65 per share in cash and shares, making this a deal worth $3.6 billion, a billion more than its initial hostile takeover offer on Jan. 13….
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GOLD: Osisko reports record high Q1 production, falling costs
QUEBEC – Osisko Mining Corp. of Montreal has reported record first quarter gold production of 140,029 oz of gold from its Canadian Malartic mine in the town of Malartic.
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MERGER: Goldcorp continues due dilligence
QUEBEC – Vancouver-based Goldcorp is doing its due diligence at the Canadian Malartic gold mine in anticipation of a successful hostile takeover of owner Osisko Mining Corp. Goldcorp’s announcement comes a day after Osisko and Yamana Gold…
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DEAL: Yamana to buy 50% of Osisko
MONTREAL – In a deal worth $441.5 million in cash and 95.7 million common shares of Yamana Gold, that company and Osisko Mining Corp. have entered into a partnership. Yamana will acquire a 50% interest in Osisko’s mining and exploration…
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GOLD: Osisko cuts 105 metres of 1.41 g/t at Canadian Kirkland
ONTARIO – Montreal’s Osisko Mining Corp. has drilled a newly discovered zone of disseminated gold mineralization at its Kirkland Lake project. The new zone, dubbed Canadian Kirkland, is located 750 metres south of Hwy 66, about 6.5 km…
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GOLD: Osisko updates Canadian Malartic reserves
QUEBEC – Osisko Mining Corp. of Montreal has updated the reserve numbers for its Canadian Malartic gold mine at Malartic. The open pit proven and probable reserves now stand at 185.5 million tonnes grading 0.98 g/t Au or 5.85 million oz…