Osisko Gold Royalties Ltd

Osisko Gold Royalties is an intermediate precious metals royalty company which receives royalties from other mining companies working in the precious metal space. Royalties (also called Net Smelter Returns or NSR) are payments of physical gold or silver that the company receives from a mining company at a certain percentage (mostly 1% to 5%) of their production. Royalties come usually for the lifetime of the mine and without paying an additional price for the metal delivered. These royalty payments are made as compensation for a previous one-time payment to the mining company usually for financing in the exploration or development phase.

Osisko has a regional focus on North America and especially Canada. 

The company was founded in June 2014 as a spin-off from former Osisko Mining which had discovered & developed in record time Canada´s largest gold mine “Canadian Malartic”. At the spin-off the management-team together with the leading geologists and engineers transferred into the new company.

Osisko Gold Royalties holds over 50 royalties like the 5% NSR royalty on the Canadian Malartic Mine (Quebec, Canada) and a 2.0-3.5% NSR royalty on the Éléonore Mine (Quebec, Canada). Osisko has a strong financial position with approx. 500 Mio. CAD in cash per December 31, 2016 and paid dividends to their shareholders for the last 9 quarters.

Osisko differentiates itself from pure royalty companies as they additionally act as an incubator and accelerator for junior mining companies in the exploration and development phase. Osisko´s goal is to accelerate the development of the junior mining company by providing financing additionally via equity (maximum is a 20% holding) and expertise (in management, geology and engineering) in order to receive the agreed royalty payments faster. At the same time Osisko takes advantage of the increasing value of the equity holdings.

Most important holdings (see also http://osiskogr.com/en/investments/  ):

Osisko Mining:             http://www.osiskomining.com/ 

Falco Resources:         http://www.falcores.com/English/home/default.aspx  

Barkerville Gold:          http://www.barkervillegold.com/ 

Arizona Mining:           http://www.arizonamining.com/

Company Objectives

Osisko Gold Royalties wants to achieve production of Falcos Horne 5 in the future as well add further high quality royalties and streams to the portfolio. 

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Data & Facts

ISIN:CA68827L1013
WKN:A115K2
FRA:OM4
TSX:OR
NYSE:OR
Outstanding Shares: 106,6 Mio.
Options: 3.3 Mio.
Warrants: 11,2 Mio.
Fully Diluted: 121,1 Mio.
   

Management

Head Office: 1100, av. des Canadiens-de-Montreal, Suite 300, P.O. Box 211
Montreal, QC, H3B 2S2, Canada  
   
Management: Sean Roosen, Chair of the Board of Directors and Chief Executive Officer
  Bryan A. Coates, CPA, CA, ICD.D, President
  Elif Lévesque, CPA, CGA, MBA, Chief Financial Officer and Vice President Finance
  Luc Lessard, Eng., Senior Vice-President, Technical Services
  André Le Bel, LL.B., B.Sc.A., Vice President, Legal Affairs and Corporate Secretary
  Vincent Metcalfe, BAA, Finance, Vice President, Investor Relations
  Joseph de la Plante, Vice President, Corporate Development
  Frédéric Ruel, Vice President, Corporate Controller

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