Brief: Osisko Provides Update On CSA Stream Transaction

OR Royalties

28/12/2022 21:47

Dec 28 (Reuters) - Osisko Gold Royalties Ltd  OR.TO :
    * OSISKO PROVIDES UPDATE ON CSA STREAM TRANSACTION
    * OSISKO GOLD ROYALTIES LTD - OBL AND MAC HAVE ENTERED INTO
A
BACKSTOP FINANCING AGREEMENT WITH RESPECT TO AN UP TO US$75
MILLION COPPER STREAM
    * OSISKO GOLD ROYALTIES LTD - OBL AND MAC HAVE ENTERED INTO
A
BACKSTOP FINANCING AGREEMENT WITH RESPECT TO AN UP TO US$75
MILLION COPPER STREAM
    * OSISKO GOLD - BACKSTOP COPPER STREAM MAY BE UTILIZED, IN
WHOLE
OR IN PART, BY MAC TO FUND ANY SHORTFALL IN EQUITY FINANCING
REQUIRED TO COMPLETE DEAL
    * OSISKO - MAC HAS SECURED COMMITMENTS OF ABOUT US$500
MILLION IN
DEBT AND STREAM FINANCING FROM INTERNATIONAL MINE FINANCIERS TO
COMPLETE ACQUISITION OF CSA
    * OSISKO GOLD ROYALTIES - ENTERED INTO A REVISED BINDING
AGREEMENT
WITH MAC WITH RESPECT TO PURCHASE OF A 100% SILVER STREAM ON
PRODUCING CSA MINE

Source text for Eikon:  ID:nGNX6GcT1R 
Further company coverage:  OR.TO 
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