The shareholders of Osisko Mining have agreed to the terms of a Plan of Arrangement resulting in the acquisition by Gold Fields Ltd.. Each share of Osisko Mining will receive $4.90 cash consideration. Osisko Mining shares will be removed from the S&P/TSX Composite Index prior to the open of trading on Monday, October 28, 2024. For more information [...]
Osisko Mining is pleased to announce that shareholders of Osisko overwhelmingly approved the Arrangement Resolution at the special meeting of Shareholders held earlier today at the Offices of Bennett Jones. The Meeting was called for Shareholders to consider and, if deemed advisable, approve the previously-announced plan of arrangement of Osisko [...]
Osisko Mining announces that Northern Star Resources has elected to convert its $154 million of convertible senior unsecured debenture due Dec 1, 2025 for 38,500,000 common shares of Osisko at a price of $4.00 per Share. Northern Star has elected to convert the Debenture for Shares to participate in the Arrangement as a shareholder of Osisko. The [...]
Osisko Mining is pleased to announce that Institutional Shareholder Services Inc. and Glass Lewis & Co., two leading independent proxy advisory firms that provide voting recommendations to institutional investors, have each recommended that shareholders of Osisko vote FOR the acquisition of all of the issued and outstanding common shares of Osisko [...]
Osisko Mining is pleased to announce that it has obtained an interim order from the Ontario Superior Court of Justice in respect of the acquisition by Gold Fields, through a 100% owned Canadian subsidiary, of Osisko by way of plan of arrangement under the Business Corporations Act. The Interim Order, among other things, authorizes Osisko to call [...]
Osisko Mining is pleased to announce that it has entered into a definitive arrangement agreement dated August 12, 2024 pursuant to which Gold Fields, through a 100% owned Canadian subsidiary, has agreed to acquire all of the issued and outstanding common shares of Osisko at a price of C$4.90 per Share, in an all-cash transaction valued at [...]
Osisko Mining announces the results of its annual meeting of shareholders held earlier today. A total of 262,117,077 common shares of the Corporation were represented at the Meeting, representing approximately 70.911% of the total number of common shares of the Corporation issued and outstanding. All matters presented for approval at the Meeting [...]
Osisko Mining is pleased to provide the following corporate updates on the Corporation's activities for 2024. Grid Power Arrives at Windfall The 85 km long 69 kV hydro-electric power line built, owned and operated by the Waswanipi Cree First Nation has been completed on schedule, and grid power has successfully been connected to the Windfall [...]
Osisko Mining announces that the Toronto Stock Exchange has approved the Corporation's notice of intention to make a normal course issuer bid. Under the terms of the NCIB Program, Osisko may acquire up to 36,465,404 of its common shares from time to time in accordance with the normal course issuer bid procedures of the TSX. The normal course issuer [...]
Osisko Mining announces that it has filed an early warning report in respect of its holdings in O3 Mining. On Dec 13, 2023, Osisko acquired an aggregate of 2,430,556 common shares of O3 Mining, by way of private placement, representing approximately 2.8% of the issued and outstanding O3 Shares, for aggregate consideration of $3,500,000.64 [...]
Osisko Mining Inc. is pleased to provide an update from the ongoing drill program at its 50% owned Windfall gold project. The 2023 drilling campaign primarily targeted infill areas. Since the start of the year, over 95,000 metres have been drilled by 8 underground rigs focused on the Lynx segment of the deposit. Highlights from the 2023 drill [...]