Osisko Gold Royalities / OR (TSX)

  • Osisko Announces Record Preliminary Q4 2022 Deliveries and Provides Company Update
    https://ceo.ca/@globenewswire/…minary-q4-2022-deliveries
    PRELIMINARY Q4 2022 RESULTS


    Osisko earned approximately 25,023 attributable gold equivalent ounces1 (“GEOs”) in the fourth quarter of 2022, for a total of approximately 89,367 GEOs in 2022, representing record quarterly and annual deliveries for the Corporation.


    Osisko recorded preliminary revenues from royalties and streams of $61.9 million during the fourth quarter and preliminary cost of sales (excluding depletion) of $4.7 million, resulting in a record quarterly cash margin2 of approximately $57.2 million (or 92%).


    For the year 2022, preliminary revenues from royalties and streams reached a record $217.8 million and preliminary cost of sales (excluding depletion) are estimated at $16.1 million, resulting in a record annual cash margin2 of approximately $201.7 million (or 93%).


    As at December 31st, 2022, Osisko’s cash position amounted to approximately $90.5 million, after repaying, in full, the $300 million convertible debentures on December 31, 2022 and advancing US$50 million to SolGold plc (“SolGold”) pursuant to the previously announced royalty financing on the world-class Cascabel copper-gold property. The Corporation’s revolving credit facility was drawn by approximately $150 million at the end of 2022, with an additional amount of $400 million available to be drawn, plus the uncommitted accordion of up to $200 million.


    Sandeep Singh, President and CEO of Osisko, commented: “2022 was an exceptionally positive year for Osisko. We had successive quarters of record GEOs earned, revenues and cash margins, we added world-class assets to an already high-quality portfolio, took advantage of volatile markets to buy-back 1.7 million common shares for $22.1 million, reactivated stream payments from the Renard mine, simplified the business with the deconsolidation of Osisko Development Corp. realigning Osisko as a pure-play royalty and streaming business and continued to strengthen and diversify our Board of Directors.


    “Our GEOs earned, year-over-year, increased by 12% in 2022 but fell slightly short of the low end of our guidance of 90,000 ounces. This was partly due to the Eagle mine still working towards steady-state production and the Mantos mine facing delays in the ramp up of their mill expansion. That extra growth will flow into upcoming quarters and we expect significant upward momentum in deliveries from both mines going forward. The higher gold-silver price ratio, experienced mostly in the second and third quarters, also reduced GEOs earned by approximately 1,550 ounces in 2022 versus expectations.


    “Our asset base continues to outperform through numerous expansions, mine life extensions and reserve and resource replacement, and we look forward to continuing to showcase the depth and quality of our asset base throughout 2023.”

  • Osisko Reports Record 2022 Results and Provides 2023 Guidance and 5-Year Outlook


    https://ml.globenewswire.com/R…51-4030-9c65-722ed4f9204b




    Osisko Declares First Quarter 2023 Dividend


    Download in pdf


    MONTREAL, Feb. 23, 2023 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a first quarter 2023 dividend of C$0.055 per common share. The dividend will be paid on April 14, 2023 to shareholders of record as of the close of business on March 31, 2023. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada).




  • Osisko Announces Preliminary Q1 2023 Deliveries and Provides Company Update
    https://ceo.ca/@globenewswire/…ry-q1-2023-deliveries-and
    MONTRÉAL, April 06, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its first quarter 2023 deliveries, revenues, cash margin and recent asset advancements. All monetary amounts included in this report are expressed in Canadian dollars, unless otherwise noted.


    PRELIMINARY Q1 2023 RESULTS


    Osisko earned approximately 23,111 attributable gold equivalent ounces1 (“GEOs”) in the first quarter of 2023.


    Osisko recorded preliminary revenues from royalties and streams of $59.6 million during the first quarter and preliminary cost of sales (excluding depletion) of $4.0 million, resulting in a quarterly cash margin2 of approximately $55.6 million (or 93%).


    Osisko also repaid an amount of $15.0 million under its revolving credit facility during the first quarter of 2023 whilst the cash balance increased to $119.1 million, resulting in a net debt position of $15.9 million as at March 31, 2023.


    Sandeep Singh, President and CEO of Osisko, commented: “Osisko remains exceptionally well positioned for a record year. We expect to see deliveries grow over the year as our Q1 seasonal impact is behind us, as core assets continue to ramp up, and with the expected addition of currently accruing silver ounces ahead of a CSA transaction close. Moreover, the recent catalysts in our portfolio are truly significant. Whether it’s the untapped regional potential of Canadian Malartic beginning to take shape, the upcoming final investment decision for Hermosa, the ongoing advancement of the high-grade Windfall project, the burgeoning copper-porphyry potential at Tintic, the emergence of our NSR value on the Corvette lithium deposit, or a multitude of other meaningful catalysts, our portfolio is positioned to create value for shareholders for an extended period.”

  • Der Grund für den heutigen Freudehüpfer?
    2-3% Förderzins für OR auf das Windfall-Projekt von OSK, das jetzt im 50:50 JV zusammen mit GFI entwickelt wird... :thumbup:


    https://www.kitco.com/news/202…ld-project-in-Quebec.html


    Gruß, GL

    Das Publikum... wendet sich von dem Gebrauche des durch die Umlaufmittelvermehrung kompromittierten Geldes ab, flüchtet zum ... Barrenmetall, zu den Sachwerten, zum Tauschhandel, kurz, die Währung bricht zusammen. (Ludwig von Mises)

    2 Mal editiert, zuletzt von GermanLong ()

  • Osisko Provides Update on CSA Stream Transaction
    https://ceo.ca/@GlobeNewswire/…-stream-transaction-022a6
    MONTREAL, June 06, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update regarding the CSA stream transaction.


    As previously announced, the Corporation’s wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”), entered into a silver purchase agreement (the “Silver Stream”) and a backstop copper purchase agreement (the “Copper Stream” and together with the Silver Stream, the “Metals Streams”) with Metals Acquisition Corp. (“MAC”) (MTAL: NYSE) to partially fund the acquisition by MAC of the producing CSA mine in New South Wales, Australia (“CSA” or the “Mine”) from a subsidiary of Glencore plc (the “Acquisition Transaction”).


    On June 5, 2023, MAC announced that it had obtained shareholder approval for the Acquisition Transaction. Closing of the Acquisition Transaction is expected on or about June 15, 2023 (the “Closing Date”).


    Additionally, MAC has provided notice to OBL that it will utilize the full amount of the available deposit pursuant to the terms of the Copper Stream. As a result, OBL will make a cash payment of US$190 million to MAC on the Closing Date pursuant to the terms of the Metals Streams and associated equity subscriptions in MAC (collectively, the “Investments”). The upfront cash payment for the Investments can increase by US$15 million in the event the silver price averages at least US$25.50 per ounce over the ten business days immediately prior to the Closing Date. Closing of the Investments is subject to certain conditions precedent, including completion of the Acquisition Transaction. Further details on the Investments can be found in the Corporation’s press release dated December 28, 2022.


    Sandeep Singh, President and Chief Executive Officer of Osisko commented: “CSA is a high-grade, long-life asset, with significant upside that can be unlocked by the MAC management team. We are pleased to see this important transaction nearing completion, and look forward to having both the silver and copper streams contribute to our near-term cash flows.”

  • Osisko Announces Closing of CSA Stream Transactions


    https://osiskogr.com/en/osisko…-csa-stream-transactions/

    TRANSACTION HIGHLIGHTS

    • Immediately Enhances Osisko’s Cash Flow

      • Starting with an effective date of February 1, 2023, OBL will purchase refined silver equal to 100% of payable silver for the life of the Mine. Between 2023-2025, MAC estimates annual payable silver production from the Mine to average ~428koz.
      • Beginning on the first anniversary of the Closing Date, OBL will purchase refined copper equal to between 3.0% and 4.875% of payable copper until 33,000 metric tonnes of refined copper have been delivered, and 2.25% thereafter for the remaining life of the Mine. Between 2023-2025, MAC estimates annual payable copper production from the Mine to average ~46,000 metric tonnes.
    • Exposure to Premium Copper Asset in a Tier 1 Mining Jurisdiction

      • One of the highest-grade copper mines in Australia with a multi-decade operating history of consistent production.
      • Track-record of reserve and resource replacement, with greater than 100% of mined reserves having been replaced since 2011.
      • Recent investments of approximately US$130 million support potential mine life extensions beyond 15 years.
    • Near-Term Opportunities to Extend Mine Life and Enhance Value

      • Significant exploration potential from both near-mine and regional targets along a highly prospective geological trend.
      • Several areas identified to improve efficiencies, optimize operations and rationalize costs.
      • Significant resource and mine life upside by potentially lowering the cut-off grade.
    • Experienced Management Team with Track-Record of Creating Value for Stakeholders

      • Proven Australian mining professionals with extensive mining experience and a track-record of value creation for stakeholders.
      • Partnership opportunities on future strategic activity, as well as a right of first refusal (“ROFR”) in favour of OBL on royalties or streams on any asset owned or acquired by MAC for a minimum of seven years following the Closing Date.
  • Osisko Announces Royalty Transaction With Hot Chili on the Costa Fuego Copper-Gold Project in Chile

    https://ceo.ca/@globenewswire/…ransaction-with-hot-chili
    MONTREAL, 28. Juni 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd ("Osisko") (OR: TSX & NYSE) freut sich bekannt zu geben, dass es eine verbindliche Vereinbarung über den Erwerb einer 1,0 %igen Kupfer-Nettoschmelzrendite ("NSR") und einer 3,0 % Gold-NSR-Lizenzgebühr (die "Lizenzgebühren") von Hot Chili Limited ("Hot Chili") für das Kupfer-Gold-Projekt Costa Fuego ("Costa Fuego" oder das "Projekt") in Chile für einen Gesamtbetrag von 15,0 Millionen US$ in bar.


    Sandeep Singh, President und CEO von Osisko, sagte dazu: "Costa Fuego hat das Potenzial, eine langlebige, kostengünstige Kupfermine in Chile zu sein, die über beträchtliche Nebenproduktgutschriften verfügt und sich in einer niedrigen Höhenlage und in unmittelbarer Nähe zu wichtigen Infrastrukturen befindet. Wir sind beeindruckt von dem, was das Team von Hot Chili bisher erreicht hat, vor allem an der Explorations- und Genehmigungsfront, und wir freuen uns auf zukünftige Meilensteine bei der Erschließung von Costa Fuego."


    COSTA FUEGO HÖHEPUNKTE


    Eines der größten unerschlossenen Kupferprojekte der Welt, das derzeit nicht von einem großen Bergbauunternehmen kontrolliert wird;
    Eine im März 2022 gemäß NI 43-101 aktualisierte globale Mineralressourcenschätzung ("MRE"), die sowohl den Tagebau- als auch den Untertageteil der Lagerstätten Cortadera und Productora umfasst, enthält eine angezeigte Ressource von 725 Millionen Tonnen ("Mt") mit einem Gehalt von 0,47 % Kupferäquivalent ("CuEq"), 0,38 % Kupfer ("Cu"), 0,11 g/t Gold ("Au"), 0,45 g/t Silber und 93 ppm Molybdän;
    Die MRE beinhaltet auch eine abgeleitete Ressource von ...


  • Osisko Announces Gibraltar Silver Stream Amendments
    https://ceo.ca/@globenewswire/…-silver-stream-amendments


    MONTREAL, 29. Juni 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (Osisko") (OR: TSX & NYSE) freut sich, bekannt zu geben, dass es eine Änderung seines 75%igen Silberstroms (der Silberstrom") in Bezug auf die Kupfermine Gibraltar (Gibraltar") in British Columbia, Kanada, abgeschlossen hat, die von einer hundertprozentigen Tochtergesellschaft von Taseko Mines Limited (Taseko") betrieben wird.


    Am 15. März 2023 meldete Taseko den Abschluss des Erwerbs einer zusätzlichen Beteiligung von 12,5 % an Gibraltar von der Sojitz Corporation, wodurch Taseko nun über eine effektive Beteiligung von 87,5 % verfügt.


    Osisko und Taseko haben den Silver Stream geändert, um Osiskos effektiven Streamanteil um 12,5 % auf 87,5 % zu erhöhen. Darüber hinaus haben Osisko und Taseko auch den Schwellenwert für die Step-Down-Silberlieferungen erweitert, um mit der kürzlich aktualisierten Mineralreservenschätzung von Taseko für Gibraltar übereinzustimmen. Osisko wird Taseko eine Gegenleistung von insgesamt 10,25 Millionen US$ plus 50.000 C$ pro Jahr für die folgenden drei Jahre zur Verfügung stellen, um die laufenden ESG-Initiativen bei Gibraltar zu unterstützen.


    Sandeep Singh, President und CEO von Osisko, sagte dazu: "Wir freuen uns, unser Silberengagement bei der langlebigen Mine Gibraltar zu erhöhen und unsere Partnerschaft mit Taseko zu vertiefen. Unsere Aktionäre werden von dem erhöhten Silberstrom in Verbindung mit den etwa eineinhalb Millionen zusätzlichen Unzen Silber profitieren, die Osisko aufgrund des erweiterten Schwellenwerts geliefert werden."

  • Osisko Announces Appointment of Paul Martin as Interim CEO
    https://osiskogr.com/en/osisko-announces-appointment-of-paul-martin-as-interim-ceo/
    MONTREAL,
    July 05, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (OR)
    (“Osisko” or the “Corporation”) (OR: TSX & NYSE) today announced the
    appointment of Mr. Paul Martin, an experienced mining executive, as its
    interim Chief Executive Officer, and the departure of its President and
    Chief Executive Officer, Mr. Sandeep Singh, effective immediately.
    Osisko’s Board of Directors has commenced a search for a new permanent
    President and Chief Executive Officer...
    “The Board remains committed
    to continuing our focus on prudent capital allocation and ensuring
    sustainable value creation,” said Ms. Joanne Ferstman, Osisko’s Lead
    Director, on behalf of the Board. “After careful consideration, the
    independent directors unanimously concluded that a change of CEO was
    necessary to best position Osisko for continued long-term success. As
    part of our commitment to continuous governance improvement, we are also
    pleased to announce Mr. Roosen’s transition into the more traditional
    role of Chair of the Board. We look forward to his continued significant
    contributions to sustainable value creation at Osisko.”


    Das nenn ich mal `ne Überraschung.

  • Erstklassige Quartalsergebnisse, Förderzinsen, Dividendenerhöhung, top Meldungen im Wochentakt - und dann das? Passt wirklich nicht. Fundamental ändert sich zunächst dennoch wenig. Habe eben etwas draufgepackt...

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