Osisko Royalties spins out gold developer, raises $75m

Mining News Pro - Osisko Gold Royalties (TSX: OR; NYSE:OR) has announced the spin-out, through a reverse-takeover transaction (RTO), of Osisko Development. The newly formed developer will hold the past-producing Cariboo gold project in British Columbia and the San Antonio gold asset in Mexico’s Sonora state, in addition to other mineral assets and a portfolio of equity positions in publicly listed companies

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