Osisko Completes a Non-Brokered Private Placement with Investissement Québec of $85 M
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OSISKO COMPLETES A NON-BROKERED PRIVATE PLACEMENT WITH
INVESTISSEMENT QUÉBEC OF $85 M
Montréal, April 1st, 2020 – Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE)
is pleased to announce, further to its press release dated March 30 th 2020, that the Company has
completed a private placement of 7,727,273 common shares (the “ Common Shares”) at a price of
$11.00 per Common Share for total gross proceeds of $85,000,003 (the “ Private Placement”) with
Investissement Québec.
The net proceeds from the Private Placement will be used for general working capital purposes. The
Common Shares issued under the Private Placement are subject to a four-month hold period from the
date of issuance of the Common Shares under applicable Canadian securities laws.
About Osisko Gold Royalties Ltd
Osisko Gold Royalties Ltd is an intermediate precious metal royalty company focused on the Americas
that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 135
royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset,
a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.
Osisko also owns the Cariboo gold project in Canada as well as a portfolio of publicly held resource
companies, including a 15.9% interest in Osisko Mining Inc., 17.9% interest in Osisko Metals
Incorporated and a 18.3% interest in Falco Resources Ltd.
Osisko’s head office is located at 1100 Avenue des Canadiens -de Montréal, Suite 300, Montréal,
Québec, H3B 2S2.
For further information, please contact Osisko Gold Royalties Ltd:
Sandeep Singh
President
Tel. (514) 940-0670
Forward-looking Statements
Certain statements contained in this press release may be deemed “forward ‐looking statements” within the meaning of
applicable Canadian and U.S. securities laws. These forward ‐looking statements, by their nature, require Osisko to make
certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in these forward ‐looking statements. Forward ‐looking statements are not
guarantees of performance . Words such as “may”, “will”, “would”, “could”, “expect”, “believe”, “plan”, “anticipate”, “intend”,
“estimate”, “continue”, or the negative or comparable terminology, as well as terms usually used in the future and the
conditional, are intended to identify forward‐looking statements. Information contained in forward‐looking statements is based
upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including
management’s perceptions of historical trends, current conditions and expected future devel opments, as well as other
considerations that are believed to be appropriate in the circumstances. Osisko considers its assumptions to be reasonable
based on information currently available, but cautions the reader that their assumptions regarding future events, many of which
are beyond the control of Osisko, may ultimately prove to be incorrect since they are subject to risks and uncertainties that
affect Osisko and its business. Such risks and uncertainties include, among others, uncertainties relating to the proposed use
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of proceeds of the Private Placement and risks relating to the ability of the Company to obtain required approvals, the terms
and duration of any government orders suspending or limiting operations that are applicable to Osisko; the respo nses of
relevant governments to the COVID-19 outbreak and the effectiveness of such responses.
For additional information with respect to these and other factors and assumptions underlying the forward ‐looking statements
made in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form of Osisko which
is filed with the Canadian securities commissions and available electronically under Osisko’s issuer profile on SEDAR at
www.sedar.com and with the U.S. Securities a nd Exchange Commission and available electronically under Osisko’s issuer
profile on EDGAR at www.sec.gov. The forward ‐ looking statements set forth herein reflect Osisko’s expectations as at the
date of this press release and are subject to change after such date. Osisko disclaims any intention or obligation to update or
revise any forward ‐looking statements, whether as a result of new information, future events or otherwise, other than as
required by law.