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

Rock Tech notches approvals for German lithium refinery

Rock Tech Lithium (TSXV:RKC) reveals it has received the full permits for its planned lithium refinery in Guben, Germany.
The Market Online Video

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle

Graham Downs and Adam Coulter of Cascadia Minerals (TSXV:CAM) discuss promising projects in the Yukon Territory and British Columbia.

Microcap Star Diamond releases robust diamond valuation

Star Diamond (TSX:DIAM), a microcap mining stock, releases a prospective diamond valuation for three major kimberlite units in Saskatchewan.
The Market Online Video

High-quality lithium projects in Argentina with drilling underway

Argentina Lithium & Energy (TSXV:LIT) is focused on acquiring high-quality lithium projects and advancing them towards production.