Osisko Gold Royalties Buys Orion Mine Finance Portfolio

Osisko Gold Royalties Buys Orion Mine Finance Portfolio

Osisko Gold Royalties said Monday it has reached a deal with Orion Mine Finance Group to acquire a precious metals portfolio consisting of 74 royalties, streams and precious metal offtakes for roughly C$1.13 billion ($835 million). The acquisition is expected to be immediately accretive to cash flow, Osisko said. The transaction gives the company forecasted production of over 100,000 gold equivalent ounces, or GEOs, in 2018 growing to over 140,000 […]

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