Osisko Gold Royalties Confirms Closing and Commencement of Trading
MONTREAL, QUEBEC--(Marketwired - June 16, 2014) - Osisko Gold Royalties Ltd ("Osisko Gold Royalties") (TSX : OR) is pleased to announce closing of its transaction with Agnico Eagle Mines Limited ("Agnico") and Yamana Gold Inc. ("Yamana") pursuant to a plan of arrangement (the "Arrangement").
"Osisko Gold Royalties is pleased to be making its debut today," reported Sean Roosen, Chairman and Chief Executive Officer. "We are pleased that Osisko shareholders have the unique opportunity to continue to participate in the Canadian Malartic success story as shareholders of Osisko Gold Royalties, a royalty company founded on the strong platform of that asset."
The Arrangement
Under the Arrangement, each outstanding common share of Osisko Mining Corporation ("Osisko") was exchanged for C$2.09 in cash, 0.07264 of a common share of Agnico Eagle, 0.26471 of a common share of Yamana, and one common share (one tenth of a common share on a consolidated basis) of Osisko Gold Royalties.
For Further Information
Securityholders are encouraged to read Osisko Mining Corporation's management information circular dated May 1, 2014 for full details of the Arrangement which was mailed to Osisko Mining Corporation's Securityholders and is also available on Osisko Mining Corporation's website at www.osisko.com or on SEDAR at www.sedar.com.
Shareholders who have questions or who may need assistance with the completion of letters of transmittal are advised to contact our Information Agent, Laurel Hill Advisory Group at:
North American Toll Free: 1-877-452-7184
Banks, Brokers or collect calls: 416-304-2011
Email: assistance@laurelhill.com
About Osisko Gold
Osisko Gold is the holder of a net smelter return royalty on the Canadian Malartic Gold Mine in Malartic, Québec as well as royalty and other interests in a number of exploration properties. ...
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