Osisko Gold Royalties (OR-T) may shake up Falco Res. (FPC-V)
Jan 13, '14 - NR
Osisko Gold Royalties Ltd today announces that it has filed an early warning report in connection with the 10,707,255 common shares ("Falco Shares") of Falco Resources Ltd. ("Falco") held by Osisko. Osisko has expanded the purposes for which it may continue to hold the Falco Shares, and determined that, in addition to the investment purposes, it may use the Falco Shares for purposes of influencing the corporate, managerial and strategic policies of Falco. Osisko has filed the early warning report, a copy of which is attached to this press release, containing further details of the changes in material facts relating to the Falco Shares on SEDAR at www.sedar.com under Falco's issuer profile. The filing of the early warning report or this press release is not an admission that any entity named in the early warning report or press release owns or controls any described securities or is a joint actor with Osisko.
About Osisko Gold Royalties Ltd
Osisko is a gold-focused royalty and mining company whose cornerstone asset is a 5% Net Smelter Royalty ("NSR") royalty on the world-class Canadian Malartic gold mine, located in Malartic, Québec. The Company also holds a 2% NSR royalty on the Upper Beaver, Kirkland Lake and Hammond Reef gold exploration projects in Northern Ontario. Osisko also owns approximately 9.9% of Virginia Mines Inc. The Corporation has over $170 million in cash resources, no debt and a portfolio of investments in emerging exploration companies.
Osisko's head office is located at
1100 Avenue des Canadiens-de-Montréal,
Suite 300,
Montréal, Québec,
H3B 2S2
John Burzynski
Senior Vice President, New Business Development
(416) 363-8653
jburzynski@osiskogr.com
Joseph de la Plante
Vice President, Corporate Development
(514) 940-0670
jdelaplante@osiskogr.com |
