Osisko Declares Second Quarter 2020 Dividend
1
OSISKO DECLARES SECOND QUARTER 2020 DIVIDEND
(Montreal, May 12, 2020) Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE)
is pleased to announce a second quarter 2020 dividend of C$0.05 per common share. The dividend will
be paid on July 15, 2020 to shareholders of record as of the close of business on June 30, 2020.
For shareholders residing in the United States, the U.S. dollar equivalent will be determined based on
the daily rate published by the Bank of Canada on June 30, 2020. This dividend is an "eligible dividend"
as defined in the Income Tax Act (Canada).
The Company also wishes to remind its shareholders that it has implemented a dividend reinvestment
plan (the “Plan”) . Shareholders who are residents of Canada and the United States may elect to
participate in the Plan in connection with the dividend to be paid on July 15, 2020 to shareholders on
record as of June 30, 2020. If a shareholder elects to participate in the Plan, the Company will issue to
the shareholder, in lieu of a cash dividend, common shares from treasury at a 3% discount to the
weighted average price of the common shares during the five (5) trading days immediately preceding
the dividend payment date. Participation in the Plan is optional and will not affect a shareholders’ cash
dividends if the shareholder elects not 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 Plan and the enrolment form are available 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.
2
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 15.8% interest in Osisko Mining Inc., 17.9% interest in Osisko Metals
Incorporated and an 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..
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 the Company 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 th ese forward-looking statements. Forward-looking statements are not
guarantees of performance. In this news release, these forward -looking statements may involve, but are not limited to,
comments with respect to the directors and officers of the Company , 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 Incom e
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 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 that the financi al
situation of the Company will remain favourable. The Company considers its assu mptions 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 Company, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect the
Company 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, 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 and Exchange Commission and available electronically under Osisko’s issuer
profile on EDGAR at www.sec.gov. The forward-looking information set forth herein reflects Osisko’s expectations as at the
date of this press release and is subject to change after such date. Osisko disclaims any intention or obligation to update o r
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 Osisko Gold Royalties Ltd:
Sandeep Singh
President
Tel. (514) 940-0670