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Osisko invests in niobium junior

Osisko Gold Royalties (CN:OR) is further diversifying its portfolio after agreeing to take a 19.7% stake in a Canadian-listed niobium junior.

Osisko invests in niobium junior Osisko invests in niobium junior Osisko invests in niobium junior Osisko invests in niobium junior Osisko invests in niobium junior

Near-20% niobium stake adds to gold-weighted portfolio

Osisko has agreed to purchase 9 million shares in Niobay Metals (CN:NBY) at C26c through a private placement, representing gross proceeds of C$2.34 million (US$1.8 million) for the junior.