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OR.TO ·

Osisko Postpones Annual Meeting of Shareholders

Shareholder Meetings

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OSISKO POSTPONES ANNUAL MEETING OF SHAREHOLDERS

Montréal, March 18, 2020 – Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE)

today announced that it is postponing its annual meeting of shareholders to a later date. The Company

is assessing its options to hold a virtual or hybrid meeting with a view to protecting the health and safety

of its employees, shareholders and others who usually attend the annual meeting. The updated record

date and date of the annual meeting of shareholders will be communicated shortly.

The decision to postpone the meeting , and to change the meeting format, is motivated by rapidly

evolving news on COVID -19, which Osisko is monitoring closely, and advice from governments and

health professionals.

The health and safety of its employees continues to be a priority; to this effect, Osisko has decided to

strictly limit access to its head office and has implemented a protocol to allow and enable employees to

work efficiently from their homes. Furthermore, the Company has also restricted business development

and conference travel until further notice; meetings will be attended remotely via telephone or video

conference where possible. We continue to monitor the situation and will implement further changes as

necessary.

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 focuse d 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 19.9% interest in Falco Resources Ltd.

Osisko’s head office is lo cated 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

[email protected]