Osisko Announces Q2 2024 GEO Deliveries, Record Cash Margin and Select Asset Updates

PRELIMINARY Q2 2024 RESULTS Osisko recorded preliminary revenues from royalties and streams of $64.8 million during the second quarter and preliminary cost of sales (excluding depletion) of $2.2 million, resulting in a record quarterly cash margin2 of approximately $62.6 million (or 97%). SELECT ASSET UPDATES Subsequently on July 4th, 2024, Victoria advised that it had received Notices of Default from its lenders under the Credit Agreement dated December 18, 2020. A default under the Eagle Royalty Agreement ...