OSISKO DECLARES FIRST QUARTER DIVIDEND Tenth Consecutive Dividend
OSISKO DECLARES FIRST QUARTER DIVIDEND
Tenth Consecutive Dividend
(Montreal, March 15, 2015) Osisko Gold Royalties Ltd ("Osisko") (TSX:OR) (NYSE:OR) is pleased to
declare a first quarter 2017 dividend of CAD$0.04 per share. The dividend will be paid on April 17, 2017
to shareholders of record as of the close of business on March 31, 2017. For shareholders residing in
the U.S.A., the U.S. dollar equivalent will be determined based on the noon rate published by the Bank
of Canada on March 31, 2017.This dividend is an "eligible dividend" as defined in the Income Tax Act
(Canada).
The Company also wishes to remind its Canadian shareholders that it has implemented a dividend
reinvestment plan (the “Plan”). Shareholders who are residents of Canada m ay elect to participate in
the plan in connection with the dividend to be paid on April 17, 2017 to shareholders on record as of
March 31, 2017. The Company will issue the common shares from treasury at a 3% discount to the
weighted average price of the common shares on the TSX during the five (5) trading days immediately
preceding the dividend payment date. Participation in the Plan is optional and will not affect
shareholders’ cash dividends unless they elect to participate in the Plan. Quarterly dividends are only
payable as and when declared by Osisko’s Board of Directors.
A complete copy of the P lan and the enrolment form are avail able on Osisko’s website at
http://osiskogr.com/en/dividends/drip/. Shareholders should carefully read the complete text of the Plan
before making any decisions regarding their participation in the Plan.
Non-registered beneficial shareholders who wish to participate in the Plan should contact their financial
advisor, broker, investment dealer, bank or other financial institution that holds their common shares to
inquire about the applicable enrolment deadline and to request enrolment in the Plan. For more
information on how to enroll or any other inquiries, contact the Agent at 1- 800-387-0825 (toll-free in
Canada) or [email protected].
Participation in the Plan does not relieve shareholders of any liability for taxes that may be payable in
respect of dividends that are reinvested in common shares under the Plan. Shareholders should consult
their tax advisors concerning the tax implications of their participation in the Plan having regard to their
particular circumstances.
This press release is not an offer or a solicitation of an offer of securities.
About Osisko Gold Royalties Ltd
Osisko Gold Royalties is an intermediate precious metal royalty company focused on the Americas that
commenced activities in June 2014. It holds over 50 royalties, including a 5% NSR royalty on the Canadian Malartic
Mine (Canada) and a 2.0-3.5% NSR royalty on the Éléonore Mine (Canada). It maintains a strong financial position
with cash resources of $499.2 million at December 31, 2016 and has distributed $30.8 million in dividends to its
shareholders during the past nine consecutive quarters. The Company al so owns a portfolio of publicly held
resource companies, including a 15.0% interest in Osisko Mining Inc., 13.3% in Falco Resources Ltd, and 16.9%
interest in Barkerville Gold Mines Ltd.
Osisko’s head office is located at 1100 Avenue des Canadiens -de-Montréal, Suite 300, Montréal, Québec,
H3B 2S2.
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Forward-looking statements
This press release contains certain forward- looking statements with respect to Osisko which are not guarantees of
performance. These forward-looking statements, by their nature, require the Corporation 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. In this news release, these forward -looking statements include
information pertaining to the fact that all conditions for payment of the dividend will be met and that such dividend will continue
to be an “eligible dividend” as defined in the Income Tax Act (Canada). Words such as "may", "will", "would", "could", "expect",
"believe", "plan", "anticipate", "intend", "estimate", "continue", or the negative or comparable terminology, as well as term s
usually used in the future and the conditional, are intended to identify forward-look ing 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 that the financial situation of the Corporation will remain favourable. The Corporation considers
its assumptions to be reasonable based on information currently available, but cautions the reader that its assumptions
regarding future events, many of which are beyond the control of the Corporation, may ultimatel y prove to be incorrect since
they are subject to risks and uncertainties that affect the Corporation and its business.
For additional information with respect to these and other factors and assumptions underlying the forward -looking statements
made in this press release, refer to the Corporation's most recent Annual I nformation Form filed on SEDAR and on EDGAR.
The forward-looking information set forth herein reflects the Corporation’s expectations as at the date of this press release and
is subject to change after such date. The Corporation 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.
For further information please contact, please contact Osisko Gold Royalties:
Joseph de la Plante
Vice President, Corporate Development
Tel. (514) 940-0670
Vincent Metcalfe
Vice President, Investor Relations
Tel. (514) 940-0670
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