An Overview Of Osisko Gold Royalties
Osisko Gold Royalties (OTC:OKSKF) is a new company formed out of Agnico Eagle's (NYSE:AEM) and Yamana Gold's (NYSE:AUY) acquisition of Osisko Mining. Osisko Mining shareholders received shares in each of these two companies plus a new company which trades now as Osisko Gold Royalties.
The company was formed because long term shareholders in Osisko Mining didn't want to give up their stakes in what was then that company's flagship mine--Canadian Malartic. The Canadian Malartic Project is one of the largest gold mines in Canada with 10 million ounces of gold reserves and another 12 million ounces of gold resources. The current mine plan calls for 14 years of 600,000+ ounces...
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