Osisko and Franco-Nevada Acquire a Gold Stream on SolGold's Cascabel Copper-Gold Project

Pursuant to the terms of the Gold Stream, OBL and FNB (collectively, the "Stream Purchasers") will make initial deposits totaling US$100 million to SolGold in three equal tranches to fund the Project's pre-construction costs (the "Pre-Construction Deposit"). The first tranche of the Pre-Construction Deposit will be funded at closing, with the two subsequent tranches subject to the achievement of key development milestones. Jason Attew, President & CEO of Osisko commented: "Cascabel is a world-class copper-g ...