|By Marketwired .||
|June 16, 2014 10:06 AM EDT||
MONTREAL, QUEBEC -- (Marketwired) -- 06/16/14 -- Osisko Gold Royalties Ltd ("Osisko Gold Royalties") (TSX: OR) is pleased to announce closing of its transaction with Agnico Eagle Mines Limited ("Agnico") and Yamana Gold Inc. ("Yamana") pursuant to a plan of arrangement (the "Arrangement").
"Osisko Gold Royalties is pleased to be making its debut today," reported Sean Roosen, Chairman and Chief Executive Officer. "We are pleased that Osisko shareholders have the unique opportunity to continue to participate in the Canadian Malartic success story as shareholders of Osisko Gold Royalties, a royalty company founded on the strong platform of that asset."
Under the Arrangement, each outstanding common share of Osisko Mining Corporation ("Osisko") was exchanged for C$2.09 in cash, 0.07264 of a common share of Agnico Eagle, 0.26471 of a common share of Yamana, and one common share (one tenth of a common share on a consolidated basis) of Osisko Gold Royalties.
For Further Information
Securityholders are encouraged to read Osisko Mining Corporation's management information circular dated May 1, 2014 for full details of the Arrangement which was mailed to Osisko Mining Corporation's Securityholders and is also available on Osisko Mining Corporation's website at www.osisko.com or on SEDAR at www.sedar.com.
Shareholders who have questions or who may need assistance with the completion of letters of transmittal are advised to contact our Information Agent, Laurel Hill Advisory Group at:
North American Toll Free: 1-877-452-7184 Banks, Brokers or collect calls: 416-304-2011 Email: [email protected]
About Osisko Gold
Osisko Gold is the holder of a net smelter return royalty on the Canadian Malartic Gold Mine in Malartic, Quebec as well as royalty and other interests in a number of exploration properties.
Certain statements contained in this press release may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Osisko Gold Royalties expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "scheduled" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur including, without limitation, the realization of all expected benefits of this Arrangement, and the view on (i) the royalty interest in and continued performance of the Canadian Malartic assets, (ii) the quality and the potential of Osisko Gold Royalties' exploration and mining assets, (iii) the value of consideration offered to Osisko shareholders, and (iv) the potential of Osisko Gold Royalties. Although Osisko Gold Royalties believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include, gold prices, the Company's royalty interest, access to skilled consultants, results of mining operation, exploration and development activities, with production and development stage mining operations, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment, timeliness of government or court approvals, actual performance of facilities, equipment and processes relative to specifications and expectations, unanticipated environmental impacts on operations market prices, continued availability of capital and financing and general economic, market or business conditions. These factors are discussed in greater detail in the management information circular of Osisko Mining Corporation and its most recent Annual Information Form, which are filed on SEDAR and also provide additional general assumptions in connection with these statements. Osisko Gold Royalties cautions that the foregoing list of important factors is not exhaustive.
Investors and others who base themselves on the forward looking statements contained herein should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Osisko Gold Royalties believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release. Osisko Gold Royalties undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by applicable law.
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
Dec. 9, 2016 10:00 PM EST Reads: 269
Dec. 9, 2016 09:45 PM EST Reads: 2,001
Dec. 9, 2016 09:30 PM EST Reads: 1,278
Dec. 9, 2016 08:00 PM EST Reads: 1,017
Dec. 9, 2016 07:45 PM EST Reads: 712
Dec. 9, 2016 06:45 PM EST Reads: 5,142
Dec. 9, 2016 06:15 PM EST Reads: 1,763
Dec. 9, 2016 05:30 PM EST Reads: 2,369
Dec. 9, 2016 05:30 PM EST Reads: 480
Dec. 9, 2016 05:15 PM EST Reads: 1,887
Dec. 9, 2016 05:15 PM EST Reads: 1,468
Dec. 9, 2016 05:15 PM EST Reads: 411
Dec. 9, 2016 05:00 PM EST Reads: 2,071
Dec. 9, 2016 04:45 PM EST Reads: 1,868
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Dec. 9, 2016 04:45 PM EST Reads: 1,314