Osisko Metals Inc.

Osisko Metals Inc. is pleased to announce that it has closed its previously-announced royalty financing pursuant to which Osisko Gold Royalties Ltd. was granted a further 0.5% net smelter returns royalty on the Pine Point Project for cash consideration of $6.5 million . After giving effect to the NSR Amendment, Osisko Royalties now holds a combined 2% NSR royalty on the Pine Point Project . The Corporation is also pleased [...]

Osisko Metals Inc. is pleased to announce a financing package totaling $8.5 million, comprising the grant of a further 0.5% net smelter returns royalty to Osisko Gold Royalties Ltd. on the Pine Point Project for cash consideration of $6.5 million and a non-brokered private placement of up to 4.2 million units of the Company at a price of $0.48 per Unit for gross proceeds of up to $2 million , as more particularly [...]

Osisko Metals Inc. is pleased to provide results from the completed fall drill program at its 100% owned Pine Point Project, NWT. Assay results have been received from fifteen exploration holes in the Central Zone that tested gravity gradiometry anomalies as well as areas of unconstrained mineralization around the current resource block model. Exploration highlights include: Drill hole OM100-20-001 intersected 8.60 metres [...]

Osisko Metals Inc. is pleased to provide drill results from the current program at its 100% owned Pine Point Project, NWT. Assay results have been received from twenty-nine exploration holes in the Central Zone, mostly in proximity to the O53 deposit area, that tested gravity gradiometry anomalies and areas of unconstrained mineralization around the current resource block model. Exploration highlights include: Drill hole [...]

Osisko Metals Inc. is pleased to provide initial results from the current drill program at its 100% owned Pine Point Project, NWT. Assay results have been received from four holes in the area of the O53 deposit that were drilled to better define vertical extent of prismatic mineralization in the core of the deposit. Highlights include 17.50 metres grading 11.53% Zn and 2.52% Pb in drill hole O53-20-PP-001 and 28.80 metres [...]

Osisko Metals Inc. is pleased to provide an update on its permitting initiatives at its wholly owned Pine Point Project . Since the release of the Preliminary Economic Assessment , Osisko Metals has continued discussions with stakeholders and shareholders and is now advancing the Project toward the submission of an Environmental Assessment to governmental agencies in the fourth quarter of 2020. Jeff Hussey, President and [...]

Osisko Metals Inc. is pleased to announce that drilling activities at Pine Point have restarted. Following recommendations from the Northwest Territories Health and Social Services Authority, Osisko Metals reopened its camp to support planned permitting and environmental initiatives in July and has now increased its scope to include drilling. Jeff Hussey, President and COO, commented: “At this time, we have one drill [...]

Osisko Metals Inc. is pleased to announce that it has closed its previously-announced non-brokered private placement, pursuant to which the Corporation sold an aggregate of 7.5 million units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of $3 million . Each Unit consists of one common share of the Company and one-half-of-one common share purchase warrant of the Company . Each Warrant entitles [...]

Osisko Metals Inc. is pleased to announce that it will participate in a John Tumazos Very Independent Research LLC 2020 Conference webinar, today, Monday August 10th at 4:00PM Eastern. Robert Wares, Chairman and CEO, will present a company update. Registration to the webinar can be found at: https://zoom.us/webinar/register/WN_4SJsKSzQQheFV6E62znGvA After registering, you will receive a confirmation email containing [...]

Osisko Metals Inc. announces that further to its news release dated June 15th “Osisko Metals Files Pine Point PEA”, it has today filed the associated National Instrument 43-101 technical report for its wholly-owned Pine Point Project , located near the town of Hay River in the Northwest Territories, Canada. The report, entitled “Pine Point Lead-Zinc Project Preliminary Economic Assessment” is dated effective June 11 [...]