Osisko Gold Royalties Ltd
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DIAMONDS: Bridge loan gives Stornoway some breathing room
QUEBEC – Stornoway Diamond Corp. and its material subsidiaries have arranged bridge financing to keep the Renard mine operating while the company undertakes a strategic review with the aim of restructuring its finances. The Renard diamond project is the company’s…
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GOLD-SILVER: Minera Alamos attracts new coverage
MEXICO – Haywood Securities has initiated coverage of Minera Alamos with a buy rating and 12-month target price of $0.40 per share – a 281% return from the junior’s current share price of $0.11. “Minera Alamos holds two development projects in its…
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GOLD: Osisko begins share buyback and cuts debt
MONTREAL – Osisko Gold Royalties has begun a $100 million share buyback program with an initial investment of $9.8 million towards its normal course issuer bid. The company purchased 849,480 shares at an average price of $11.56 per share during…
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DONATION: Three Osiskos support earth sciences at UNB
MONTREAL – Osisko Gold Royalties, Osisko Mining and Osisko Metals have joined forces to create the Osisko Field Education Fund for the Earth Sciences Department at the University of New Brunswick. Together the three have donated $250,000 to the It…
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GOLD-SILVER: Pretium to repurchase precious metals stream
BRITISH COLUMBIA – Vancouver-based Pretium Resources has announced its intention to repurchase the whole of the callable 8% gold and silver stream at the end of this year. The stream was sold as part of the construction finance package for…
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Osisko bumps Cariboo royalty to 4%
Osisko Gold Royalties (TSX: OR; NYSE: OR) has agreed to acquire an additional 1.75% net smelter return royalty (NSR) for $20 million on the Barkerville Gold Mines’ (TSXV: BGM; US-OTC: BGMZF) Cariboo gold project in British Columbia, raising its total royalty on…
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TREASURE HUNT: Avro Arrow model recovered
ONTARIO – Canada’s history just got a little more interesting with the recovery of an Avro Arrow model from Lake Ontario off Prince Edward. The vehicle is about 3.0 metres long, a one-eighths scale of the actual plane. The Canadian…
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Osisko Royalties ups Q2 cash flow by 40%
Osisko Gold Royalties (TSX: OR; NYSE: OR) reported strong second quarter financials including $19.7 million in cash flow, a 40% increase over the same quarter last year. It also repaid $51.8 million on its revolving credit facility. It also generated an…
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GOLD: Orion buys into Victoria and its Eagle development
YUKON – Orion Mine Finance of Toronto has invested $75 million in Victoria Gold and its shovel ready Eagle gold project about 85 km northeast of the village of Mayo in the central part of the territory. Orion has purchased…
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GOLD: Osisko acquires royalty on Eagle project from Victoria Gold
YUKON – Montreal’s Osisko Gold Royalties has acquired a 5% net smelter return on the Dublin Gulch property belonging to Victoria Gold Corp. of Toronto. Dublin Gulch is part of Victoria’s Eagle gold project about 85 km by road north…
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Roundup 2018: Osisko’s Roosen on tackling ‘tough’ markets
VANCOUVER — Sean Roosen’s Osisko group of companies is among a rare breed of mining-focused entrepreneurial firms that have flourished over the past decade despite frigid capital markets and low commodity prices. The group emerged as a major financial player following…
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GOLD: Dalradian submits mine planning application; closes C$78 million private placement
Toronto – Dalradian Resources Inc. is pleased to announce that it has submitted its planning application to permit the building of an underground mine and associated infrastructure at the Curraghinalt gold deposit to the Northern Ireland Department for Infrastructure. The Company…
