Osisko Gold Royalities / OR (TSX)

    Osisko Announces Record Preliminary Q4 2022 Deliveries and Provides Company Update
    https://ceo.ca/@globenewswire/…minary-q4-2022-deliveries
    PRELIMINARY Q4 2022 RESULTS


    Osisko earned approximately 25,023 attributable gold equivalent ounces1 (“GEOs”) in the fourth quarter of 2022, for a total of approximately 89,367 GEOs in 2022, representing record quarterly and annual deliveries for the Corporation.


    Osisko recorded preliminary revenues from royalties and streams of $61.9 million during the fourth quarter and preliminary cost of sales (excluding depletion) of $4.7 million, resulting in a record quarterly cash margin2 of approximately $57.2 million (or 92%).


    For the year 2022, preliminary revenues from royalties and streams reached a record $217.8 million and preliminary cost of sales (excluding depletion) are estimated at $16.1 million, resulting in a record annual cash margin2 of approximately $201.7 million (or 93%).


    As at December 31st, 2022, Osisko’s cash position amounted to approximately $90.5 million, after repaying, in full, the $300 million convertible debentures on December 31, 2022 and advancing US$50 million to SolGold plc (“SolGold”) pursuant to the previously announced royalty financing on the world-class Cascabel copper-gold property. The Corporation’s revolving credit facility was drawn by approximately $150 million at the end of 2022, with an additional amount of $400 million available to be drawn, plus the uncommitted accordion of up to $200 million.


    Sandeep Singh, President and CEO of Osisko, commented: “2022 was an exceptionally positive year for Osisko. We had successive quarters of record GEOs earned, revenues and cash margins, we added world-class assets to an already high-quality portfolio, took advantage of volatile markets to buy-back 1.7 million common shares for $22.1 million, reactivated stream payments from the Renard mine, simplified the business with the deconsolidation of Osisko Development Corp. realigning Osisko as a pure-play royalty and streaming business and continued to strengthen and diversify our Board of Directors.


    “Our GEOs earned, year-over-year, increased by 12% in 2022 but fell slightly short of the low end of our guidance of 90,000 ounces. This was partly due to the Eagle mine still working towards steady-state production and the Mantos mine facing delays in the ramp up of their mill expansion. That extra growth will flow into upcoming quarters and we expect significant upward momentum in deliveries from both mines going forward. The higher gold-silver price ratio, experienced mostly in the second and third quarters, also reduced GEOs earned by approximately 1,550 ounces in 2022 versus expectations.


    “Our asset base continues to outperform through numerous expansions, mine life extensions and reserve and resource replacement, and we look forward to continuing to showcase the depth and quality of our asset base throughout 2023.”

    Osisko Reports Record 2022 Results and Provides 2023 Guidance and 5-Year Outlook


    https://ml.globenewswire.com/R…51-4030-9c65-722ed4f9204b




    Osisko Declares First Quarter 2023 Dividend


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    MONTREAL, Feb. 23, 2023 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce a first quarter 2023 dividend of C$0.055 per common share. The dividend will be paid on April 14, 2023 to shareholders of record as of the close of business on March 31, 2023. This dividend is an “eligible dividend” as defined in the Income Tax Act (Canada).




    Osisko Announces Preliminary Q1 2023 Deliveries and Provides Company Update
    https://ceo.ca/@globenewswire/…ry-q1-2023-deliveries-and
    MONTRÉAL, April 06, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its first quarter 2023 deliveries, revenues, cash margin and recent asset advancements. All monetary amounts included in this report are expressed in Canadian dollars, unless otherwise noted.


    PRELIMINARY Q1 2023 RESULTS


    Osisko earned approximately 23,111 attributable gold equivalent ounces1 (“GEOs”) in the first quarter of 2023.


    Osisko recorded preliminary revenues from royalties and streams of $59.6 million during the first quarter and preliminary cost of sales (excluding depletion) of $4.0 million, resulting in a quarterly cash margin2 of approximately $55.6 million (or 93%).


    Osisko also repaid an amount of $15.0 million under its revolving credit facility during the first quarter of 2023 whilst the cash balance increased to $119.1 million, resulting in a net debt position of $15.9 million as at March 31, 2023.


    Sandeep Singh, President and CEO of Osisko, commented: “Osisko remains exceptionally well positioned for a record year. We expect to see deliveries grow over the year as our Q1 seasonal impact is behind us, as core assets continue to ramp up, and with the expected addition of currently accruing silver ounces ahead of a CSA transaction close. Moreover, the recent catalysts in our portfolio are truly significant. Whether it’s the untapped regional potential of Canadian Malartic beginning to take shape, the upcoming final investment decision for Hermosa, the ongoing advancement of the high-grade Windfall project, the burgeoning copper-porphyry potential at Tintic, the emergence of our NSR value on the Corvette lithium deposit, or a multitude of other meaningful catalysts, our portfolio is positioned to create value for shareholders for an extended period.”

    Der Grund für den heutigen Freudehüpfer?
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