Osisko Gold Royalties (OR) disclosed a few details on preliminary deliveries, revenues and cash margins for the fourth quarter and 2024.Osisko Gold Achieves 2024 Targets Despite ChallengesOR reported 20,005 attributable gold equivalent ounces (“GEOs”) for the fourth quarter of 2024. This brings the total GEOs for 2024 to 80,740, within the company’s guided 77,000-83,000 GEOs.However, GEOs declined 14% from 2023, reflecting the impacts of the closure of the Renard diamond mine in the fourth quarter of 2023 a ...

Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...

MONTRÉAL, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its fourth quarter 2024 preliminary deliveries, revenues and cash margin, as well as on its cash and debt positions as of December 31st, 2024. All monetary amounts included in this report are expressed in Canadian dollars1, unless otherwise noted. PRELIMINARY Q4 2024 RESULTS Osisko earned 20,005 attributable gold equivalent ounces2 (“GEOs”) in the fourth quart ...

Osisko Gold Royalties Ltd (OR) announced an amendment to its silver stream by increasing its attributable silver percentage by 12.5% to 100% with respect to the Gibraltar copper mine. Osisko also announced that it has closed the previously announced acquisition of 1.8% gross revenue royalty on the Dalgaranga Gold project for $44 million.The mine is operated by a wholly-owned subsidiary of Taseko Mines Limited. Osisko and Taseko have also extended the step-down silver delivery threshold to 6,811,603 ounces d ...

MONTRÉAL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (“Osisko” or the “Company”) (OR: TSX & NYSE) is pleased to announce that it has completed an amendment to its silver stream (the “Silver Stream”) with respect to the Gibraltar copper mine (“Gibraltar”), located in British Columbia (“BC”), Canada, which is operated by a wholly-owned subsidiary of Taseko Mines Limited (“Taseko”). Osisko and Taseko have amended the Silver Stream to increase Osisko’s attributable silver percentage by 12.5% to ...

Reykjavík Energy (Orkuveita Reykjavíkur) has published an addendum to the base prospectus dated 2 October 2024.The purpose of the addendum is to update the company's green financing framework to align it with the European Union taxonomy. This alignment has been independently verified by S&P Global and the addendum has now been approved by the Central Bank of Iceland's Financial Supervision. The addendum is attached herewith (in Icelandic) and will also be published on the issuer's website, www.or.is. The ba ...

MONTRÉAL, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to provide some select asset updates. All monetary amounts included in this update are expressed in Canadian dollars, unless otherwise noted. Jason Attew, President & CEO of Osisko commented: “As we head into the final stretch of 2024, positive progress continues to be made across Osisko’s high-quality asset base thanks to the ongoing hard work and dedication of our operating partner ...

Financial Data and Key Metrics Changes - Osisko earned 18,408 gold equivalent ounces in Q3 2024, positioning the company to meet its full-year guidance of 77,000 to 83,000 gold equivalent ounces [6] - Operating cash flows for the period were $47.2 million, with a cash margin of 96.3% [7][17] - Quarterly revenues were $57.3 million, slightly lower compared to Q3 2023 due to timing of gold equivalent ounces earned but not sold [13] - Earnings per share were $0.10, showing year-over-year improvement [15] - Net debt was reduced to just over $20 million, significantly improving financial flexibility [10][47] Business Line Data and Key Metrics Changes - The company had 20 producing assets, with over 91% of gold equivalent ounces derived from precious metals [19][24] - Canadian Malartic had a solid quarter, although production dipped slightly due to planned maintenance [20][33] - Capstone Copper's Mantos Blancos operation saw lower year-over-year production but is expected to improve with plant upgrades [21][41] Market Data and Key Metrics Changes - Osisko's cash margin was 96.3% for Q3 2024, making it a leader among peers [17] - The commodity mix included over 26% silver, with expectations for revenue from silver to rise around 30% in the coming years [23] Company Strategy and Development Direction - The company is focused on disciplined capital allocation to pursue high-quality accretive precious metal streams and royalties [50] - The acquisition of a 1.8% gross revenue royalty on Spartan Resources' Dalgaranga Gold project aligns with Osisko's strategy of investing in Tier 1 mining jurisdictions [27][28] - Future growth is anticipated from projects like Namdini and Mantos Blancos, contributing significantly to gold equivalent ounces [44][41] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2024 guidance despite challenges from the suspension of the Eagle Mine [42] - The company plans to provide a five-year outlook in February 2025, which will include projections for Dalgaranga [57] - Management noted a robust transaction environment with opportunities primarily in cash-flowing assets [68][72] Other Important Information - The company declared a quarterly dividend of $0.065 per share, marking its 40th consecutive dividend [11] - Osisko will switch to reporting in U.S. dollars starting in 2025, while maintaining Canadian dollars as its functional currency [4][63] Q&A Session Summary Question: Can you provide more details on the Dalgaranga production profile? - Management indicated that while the feasibility study will not be available until 2025, there is potential for higher grades earlier in the mine's life [54][55] Question: Will the first revenues from Namdini be seen in Q1 or Q2 of 2025? - Management confirmed that first revenues are expected in Q1 2025 if first gold is poured by the end of this year [58] Question: What is the plan for financing the Dalgaranga acquisition? - Management stated that the plan is to draw down on the revolving credit facility, with operating cash flow expected to quickly pay down the debt [61][62] Question: What is the current transaction environment like? - Management noted a robust opportunity set, with a focus on high-quality assets and potential bespoke financing solutions [68][70]

Unaudited Condensed Interim Consolidated Financial Statements For the three and nine months ended September 30, 2024 The notes are an integral part of these unaudited condensed interim consolidated financial statements. Osisko Gold Royalties Ltd Consolidated Balance Sheets (Unaudited) | --- | --- | --- | --- | |----------------------------------------------------------------------------|-------|--------------------------------|---------------------------| | (tabular amounts expressed in thousands of Canadia ...

MONTREAL, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that the Board of Directors has approved a fourth quarter 2024 dividend of C$0.065 per common share. The dividend will be paid on January 15, 2025 to shareholders of record as of the close of business on December 31, 2024. This dividend is an "eligible dividend" as defined in the Income Tax Act (Canada). For shareholders residing in the United States, the U.S. dollar equi ...