Osisko reloaded Sean Roosen machts noch einmal: Osisko Gold Royalties Ltd. (Seite 9)

[Minusbauer]

Osisko Gold Royalties räumt rekordverdächtig ab!

https://www.wallstreet-online.de/nachricht/16429337-wahnsinn…

[KMST]

Antwort auf Beitrag Nr.: 73.060.148 von Minusbauer am 10.01.23 14:21:40

danke....gute zahlen und gutes update

[Minusbauer]

Osisko Announces Record Preliminary Q4 2022 Deliveries and Provides Company Update

https://osiskogr.com/en/osisko-announces-record-preliminary-…

[Minusbauer]

Ein sehr schöner Artikel, der die massive Unterbewertung von OGR verdeutlicht. Hier der Absatz, der sich mit der Bewertung beschäftigt:

Osisko Gold Royalties has ~185 million fully-diluted shares and a share price of US$12.10, leaving the stock trading at a market cap of $2.24 billion. If we compare that figure to an estimated net asset value of ~$2.21 billion, the stock is trading at just 1.01x P/NAV, which is a very attractive valuation when compared to its larger royalty/streaming peers at an average P/NAV multiple of ~1.75x P/NAV, and its closest peer Triple Flag Precious Metals (TFPM) at 1.20x P/NAV. In my view, this valuation makes little sense, especially with Osisko Gold Royalties finally shedding its messier profile after the de-consolidation of Osisko Development that has allowed it to claim the title of a pure-play royalty/streaming company. In fact, with the best jurisdictional profile among its peers and a portfolio with considerable depth (175 royalties/streams with several royalties/streams on world-class assets), I believe OR can easily command a P/NAV multiple of 1.50 - 1.60. Even at the low end of this range (1.50x), this translates to a fair value of ~$3.51 billion or US$18.65 per share [C$23.30 per share]. 

[rolleg]

Industry-Leading Growth At An Attractive Price $OR
https://ceo.ca/@TaylorDart/industry-leading-growth-at-an-att…

[KMST]

Osisko Provides Update on CSA Stream Transaction

MONTRÉAL, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (OR) (OR: TSX & NYSE) is pleased to announce that its wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”), has entered into a revised binding agreement with Metals Acquisition Corp. (“MAC”) (MTAL: NYSE) with respect to the purchase of a 100% silver stream (the “Silver Stream”) on the producing CSA mine in New South Wales, Australia (“CSA” or the “Mine”) to partially fund MAC’s acquisition of the Mine. MAC has filed a preliminary Form F-4 with the U.S. Securities and Exchange Commission for their review purposes, which includes, among other things, details of its proposed acquisition of 100% of the shares of the owner of CSA from a subsidiary of Glencore plc (the “Acquisition Transaction”).

Separately, OBL and MAC have entered into a backstop financing agreement with respect to an up to US$75 million copper stream (the “Backstop Copper Stream”). The Backstop Copper Stream may be utilized, in whole or in part, by MAC to fund any shortfall in the equity financing required to complete the Acquisition Transaction, subject to certain conditions precedent.

Closing of the Acquisition Transaction, and as a result the Silver Stream and Backstop Copper Stream, is subject to a number of conditions precedent, including MAC raising the necessary financing required to complete the Acquisition Transaction.

Sandeep Singh, President and Chief Executive Officer of Osisko commented: “CSA is one of the highest grade copper mines in Australia with a multi-decade operating history of consistent production and a track-record of reserve and resource replacement. The Silver Stream and contingent Backstop Copper Stream meet all of Osisko’s stringent investment criteria, and will provide near-term and long-life cash flows in a top-tier jurisdiction. MAC has secured commitments totaling approximately US$500 million in debt and stream financing from international mine financiers (including Osisko) to complete the acquisition of CSA and is working on completing the necessary regulatory steps to finalize the required equity financing. We are pleased to continue to support the MAC team, and look forward to the conclusion of the transaction in 2023.”

SILVER STREAM

OBL will be entitled to receive 100% of payable silver produced from CSA for the life of the Mine. The economic effective date of the Silver Stream shall be February 1, 2023.
Between 2019-2021, annual payable silver production from the Mine averaged ~431koz, or ~5,700 gold equivalent ounces annually1.
Under the terms of the revised Silver Stream agreement, the upfront cash payment payable by OBL to MAC has been reduced from US$90 million to US$75 million (the “Silver Deposit”). In the event the silver price averages at least US$25.50 per ounce over the ten business days immediately prior to the closing of the Acquisition Transaction (the “Closing Date”), the Silver Deposit will be increased by US$15 million to a total of US$90 million.
OBL will make ongoing payments for refined silver delivered equal to 4% of the spot silver price at the time of delivery.
MAC will grant OBL a right of first refusal in respect of the sale, transfer or buy-back of any royalty, stream or similar interest in the products mined or otherwise extracted from any property owned or acquired by MAC or an affiliate between the Closing Date and the later of (i) the 7th anniversary of the Closing Date and (ii) the date on which OBL or any affiliate ceases to hold or control more than 5% of the issued and outstanding common shares of MAC.
In conjunction with the Silver Stream, OBL has agreed to subscribe for US$15 million in equity of MAC as part of its concurrent equity financing (the “Silver Equity Subscription”).
BACKSTOP COPPER STREAM

Subject to certain conditions precedent, the Backstop Copper Stream will be made available by OBL until the Closing Date. The Backstop Copper Stream may be utilized by MAC to fund any shortfall in the equity financing required to complete the Acquisition Transaction.
Under the terms of the Backstop Copper Stream agreement, OBL may provide an upfront cash payment of up to US$75 million (the “Available Copper Deposit”) that MAC may draw, in whole or in part.
OBL will be entitled to receive the following amounts of payable copper produced from CSA (the “Copper Stream Quantity”) if the Available Copper Deposit is drawn in full:
from the Closing Date until the 1st anniversary of the Closing Date, nil;
from the 1st anniversary of the Closing Date to the 5th anniversary of the Closing Date, 3.0% (the “First Threshold Stream”);
from the 5th anniversary of the Closing Date until 33,000 metric tonnes of refined copper have been delivered to OBL, 4.875% (the “Second Threshold Stream”);
thereafter, 2.25% for the remaining life of the Mine (the “Tail Stream”).

The Copper Stream Quantity shall be adjusted pro rata in the event the Available Copper Deposit is not fully drawn.
Between 2019-2021, annual copper production from the Mine averaged ~43,000 metric tonnes. Based on historical production levels, average gold equivalent ounces deliverable under the First Threshold Stream and the Second Threshold Stream would equate to between ~5,700 to 9,300 ounces annually2.
OBL will make ongoing payments for refined copper delivered equal to 4% of the spot copper price at the time of delivery.
On the 5th anniversary of the Closing Date, MAC may elect to exercise one of two buy-down options with respect to the Backstop Copper Stream (the “Buy-Down Option”):
reduce the Second Threshold Stream from 4.875% to 3.25% and the Tail Stream from 2.25% to 1.50% and reduce the threshold volume between the Second Threshold Stream and the Tail Stream from 33,000 metric tonnes to 23,900 metric tonnes by paying a one-time cash payment to OBL of US$40 million; or
reduce the Second Threshold Stream from 4.875% to 4.0625% and the Tail Stream from 2.25% to 1.875% and reduce the threshold volume between the Second Threshold Stream and the Tail Stream from 33,000 metric tonnes to 28,450 metric tonnes by paying a one-time cash payment to OBL of US$20 million.
In conjunction with the Backstop Copper Stream, OBL has agreed to subscribe for up to US$25 million in equity of MAC as part of its concurrent equity financing (the “Copper Equity Subscription”). The final amount of the Copper Equity Subscription shall be proportional to the percentage of the Available Copper Deposit drawn by MAC.
CSA MINE OVERVIEW

CSA is a high-grade, long-life, underground copper-silver mine located approximately 12km west-northwest of the town of Cobar in New South Wales, Australia. The Mine is comprised of several mining and exploration leases covering an area of over 350km2 in a proven poly-metallic base metals province. CSA was first discovered in the 1870’s, and large scale production commenced in the mid 1960’s. For more information, please refer to MAC’s public filings on EDGAR at www.sec.gov.

About Metals Acquisition Corp.

MAC was formed as a blank cheque company for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses with a focus on the metals and mining sector. MAC is led by a highly experienced management team and board of directors with a track record of creating value for stakeholders.

For more information, please visit MAC’s corporate website at https://www.metalsacquisition.com/.

[KMST]

Roscan Enters Into Royalty Sale Agreement With Osisko Gold Royalties for Proceeds of up to $10 Million
Toronto, Ontario--(Newsfile Corp. - December 2, 2022) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce that it has entered into a royalty financing agreement (the "Agreement") with Osisko Gold Royalties Ltd ("Osisko") involving a royalty financing related to the Company's entire 401.8 Km2 Kandiolé Project in Mali, West Africa (the "Property").

Osisko has initially acquired a 1.0% net smelter return ("NSR") royalty for upfront consideration of $5.0 million (the "Royalty"). Pursuant to the Agreement, Osisko will retain the option to purchase a second 1.0% NSR (for a total NSR royalty percentage of 2.0%) on the Property at any time for an additional $5.0 million (the "Additional Royalty"). Furthermore, the Company will have the right to compel Osisko to acquire the Additional Royalty in the event Roscan receives a long-term exploitation license on the Property from the Malian government.

Osisko has also been granted a right of first refusal (the "ROFR") on future royalties and streams related to the Property including in relation to the Company's outstanding buyback rights, should the Company decide to sell those rights, and royalties on any future properties acquired or claimed by the Company that are contiguous or complementary to the Property.

Nana Sangmuah, President and Chief Executive Officer of Roscan, commented: "We are very happy to welcome Osisko Gold Royalties, a leading royalty and streaming provider, as a strategic partner while we continue to unlock significant value on the very prospective Kandiolé project which is strategically located between two of the largest producing gold mines in Africa. This financial endorsement will help the Company accelerate our objectives of further resource growth and advancing project development."

[aktienkunta]

Antwort auf Beitrag Nr.: 72.796.211 von KMST am 22.11.22 14:11:33

Ich mag den Laden... die bauen ihr Portfolio konsequent stetig aus, ist mittlerweile meine größte Minen-Position im Depot... 👍

[KMST]

Riley Gold Announces US$2.6M Investment From Osisko Gold Royalties

VANCOUVER, British Columbia, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce the completion of a US$2.6 million investment (the “Investment”) from Osisko Gold Royalties Ltd (“Osisko”) (NYSE:OR & TSE:OR) in exchange for royalties on projects held by Riley Gold’s wholly owned Nevada subsidiary, RRC Exploration Inc. (“RRC”) including: a 2.0% net smelter return (“NSR”) royalty on Riley Gold’s Pipeline West/Clipper Gold Project (“PWC”), located in Lander County, Nevada; a 0.5% NSR royalty on its Tokop Gold Project (“Tokop”), located in Esmeralda County, Nevada; and an assignment of certain royalty buy-back rights on PWC, held by RRC. The form of NSR royalty to be granted by RRC to Osisko is dependent on the Company’s land holdings as described in the Transactions Details below.

Highlights:

The Investment provides the following benefits to Riley Gold:

Establishes a royalty partnership with Osisko, an established, and well respected, gold royalty company.
Provides a less dilutive source of funds to replenish the Company’s treasury.
Allows Riley Gold to continue its various workstreams including continued exploration at PWC (adjoining Nevada Gold Mines - Cortez complex).

“We are extremely pleased to have Osisko endorse and support our work in Nevada, particularly at PWC, by way of the Investment. We believe that this transaction delivers significant value to our shareholders through our ability to limit equity dilution given the current challenging state of the equity markets. Our goal is to put this capital to work through exploration and development initiatives on our highly prospective Nevada properties to generate further shareholder value,” commented Todd Hilditch, CEO of Riley Gold.

Transaction Details

Riley Gold, together with RRC, and Osisko have entered into an Investment Agreement and Royalty Agreements whereby Riley Gold has granted, where applicable, a direct NSR royalty interest on land owned by RRC and an overriding NSR royalty interest on land currently held under option or lease by RRC, that includes a 2.0% NSR royalty on PWC and a 0.5% NSR royalty on Tokop. RRC has also assigned to Osisko certain rights (currently held by RRC) to buy-back NSR royalties (ranging from 0.75% to 1.5%) from current landowners on specific claims within PWC. Additionally, Riley Gold has provided Osisko a right of first offer and a right of first refusal on the sale of royalties or streams on PWC and Tokop. In accordance with the Investment Agreement entered into by Osisko, RRC and Riley Gold, consideration of US$2.6 million was paid to Riley Gold on closing.

Proceeds from the Investment will be used for exploration and development activities and for general corporate purposes.

[KMST]

Rio2 Sells Non-Core Royalty Package for US$5 Million

VANCOUVER, Nov. 22, 2022 - Rio2 Ltd. ("Rio2" or "the Company") (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that it has entered into a binding agreement to sell a package of Chilean royalty interests to Osisko Gold Royalties Ltd. ("Osisko") for aggregate consideration of US$5,000,000 (the "Royalty Sale"). The Royalty Sale provides for the sale of Rio2's 1.5% royalty on the Anocarire Project and its 1.25% royalty on the Horizonte Project, both located in Chile.

Rio2 is currently in an administrative appeal process with the Chilean Government with respect to the rejection of the Environmental Impact Assessment for the development of its Fenix Gold Project, as previously outlined in a press release dated September 7, 2022.

Alex Black, President & CEO of Rio2 Ltd., stated, "We are sincerely thankful to Osisko Gold Royalties for their support during this time of challenging market conditions. The monetization of these non-core royalty interests provides Rio2 with a welcome boost to its balance sheet and working capital."

The Royalty Sale is subject to customary conditions precedent and is expected to close in the coming days.