Brief: Osisko Metals Signs Investment Agreement With Appian Natural Resources Fund For A Joint Venture On Pine Point

Osisko Metals (Ontario)

22/02/2023 13:06

Feb 22 (Reuters) - Osisko Metals Inc  OM.V :
    * OSISKO METALS SIGNS C$100 MILLION INVESTMENT AGREEMENT
WITH
APPIAN NATURAL RESOURCES FUND FOR A JOINT VENTURE ON PINE POINT
    * OSISKO METALS INC - APPIAN HAS AGREED TO MAKE A C$5
MILLION
INVESTMENT IN COMMON SHARES OF OSISKO METALS ON CLOSING, PRICED
AT C$0.2481 PER SHARE
    * OSISKO METALS - COMMITMENT BY APPIAN TO INVEST UP TO C$100
MILLION OVER 4-YEAR PERIOD, TO ACQUIRE UNDIVIDED 60% INTEREST IN
PINE POINT MINING LIMITED
    * OSISKO METALS INC - PROPOSED DEAL FOR PRE-MONEY VALUATION
OF
PPML OF C$91.3 MILLION
    * OSISKO METALS INC - JEFF HUSSEY, PRESIDENT & COO OF OSISKO
METALS, WILL ASSUME ROLE OF CHIEF EXECUTIVE OFFICER OF PPML

Source text for Eikon:  ID:nGNXk0Nsf 
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