Osisko Announces Record 2017 Gold Equivalent Ounces - Seite 4
Cautionary Statement Regarding 2017 GEOs Earned and Other Financial Information
Osisko cautions that, whether or not expressly stated, all figures contained in this press release including GEOs earned and other financial information are unaudited and preliminary, therefore reflect Osisko's expected 2017 results as of the date of this press release. Actual reported fourth quarter and 2017 results are subject to management's final review as well as audit by the Company's independent accounting firm and may vary from those expectations because of a number of factors, including, without limitation, additional or revised information and changes in accounting standards or policies or in how those standards are applied. Osisko will provide additional discussion and analysis and other important information about its 2017 results and financial position when it reports actual results on February 16, 2018.
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1 GEOs are calculated on a quarterly basis and include royalties, streams and offtakes. Silver earned from royalty and stream agreements was converted to gold equivalent ounces by multiplying the silver ounces by the average silver price for the period and dividing by the average gold price for the period. Diamonds, other metals and cash royalties were converted into gold equivalent ounces by dividing the associated revenue by the average gold price for the period. Offtake agreements were converted using the financial settlement equivalent divided by the average gold price for the period. Note that these figures have not been audited and are subject to change.
Vincent Metcalfe
(514) 940-0670
vmetcalfe@osiskogr.com
Joseph de la Plante
Vice President, Corporate Development
(514) 940-0670
jdelaplante@osiskogr.com