CAPITAL MARKETS

Osisko cashes up to go shopping

Osisko Gold Royalties (CN:OR) has refilled its piggy bank with an oversubscribed debt raise, and plans to use the proceeds to buy additional precious metals royalties and streams.

Cameron French in Toronto
Osisko plans to buy additional precious metals royalties and streams

Osisko plans to buy additional precious metals royalties and streams

Osisko initially announced it would issue C$260 million (US$207 million) in convertible debentures — debt that can be converted to equity — and then amended the offer to C$284 million. The debt will consist...

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