Source: Osisko Gold Royalties Ltd.
  • Osisko Gold Royalties Ltd (OR) has closed its previously announced bought deal public offering for total gross proceeds of US$250,170,000
  • The company issued a total of 18,600,000 common shares at a price of US$13.45 per share
  • Net proceeds from the offering will be used for general corporate purposes
  • Osisko is engaged in acquiring and managing precious metals
  • Osisko Gold Royalties Ltd (OR) opened trading at C$16.41 per share

Osisko Gold Royalties Ltd (OR) has closed its bought deal public offering for total gross proceeds of US$250,170,000.

The company issued a total of 18,600,000 common shares at a price of US$13.45 per share.

The company has also granted the underwriters an over-allotment option to purchase up to an additional 2,790,000 shares.

The offering will be led by Eight Capital and RBC Capital Markets on behalf of the syndicate of underwriters.

Net proceeds from the offering will be used for general corporate purposes.

Osisko is engaged in acquiring and managing precious metals and other royalties in Canada and other parts of the world.

Osisko Gold Royalties Ltd (OR) opened trading at C$16.41 per share.

More From The Market Online
First Quantum Minerals - First Quantum Minerals' Cobre Panama mine.

First Quantum hopes Panama’s new president will revive its copper mine

First Quantum Minerals (TSX:FM) wants to speak with Panama’s incoming president in the hopes of reopening its Cobre Panama copper mine.
Pinnacle Silver and Gold - Shot from Pinnacle Silver and Gold's Argosy Gold Project in Ontario.

This junior gold stock is at an all-time low and ready to rally

Junior gold investors currently enjoy dozens of opportunities with multi-bagger upside with stocks at or near all-time lows.

This small-cap gold stock keeps notching high-grade gold in Nevada 

Viva Gold (TSXV:VAU) continues to capitalize on the market thanks to its 100-per-cent-owned Tonopah project in west-central Nevada. 

York Harbour Metals reveals promising rare earth sampling assays

York Harbour Metals (TSXV:YORK) shares positive assays from its Bottom Brook rare earth elements project in Newfoundland and Labrador.