Osisko, Yamana Gold and Agnico Eagle are pleased to announce that they have entered into an agreement pursuant to which Yamana and Agnico Eagle will jointly acquire 100% of Osisko's issued and outstanding common shares for total consideration of C$3.9 billion or C$8.15 per share. The total offer consists of approximately C$1.0 billion in cash [...]
Osisko is pleased to announce new drilling results from the Upper Beaver deposit, located on its 100% owned Kirkland Lake project. Work in 2014 has focused on deepening of the East Porphyry Zone and reinterpreting the near-surface portion of the deposit in order to evaluate its open pit potential. Recent shallow drilling (12 holes) has highlighted [...]
Osisko Mining notes the announcement by Goldcorp that it intends to amend its hostile offer to acquire all of the outstanding common shares of Osisko to, among other things, extend the expiry date, increase the consideration payable and reduce the minimum tender condition. The Board of Directors of Osisko will consider this announcement. Until the [...]
Osisko Mining is pleased to report that following record production in Q4 2013 of 137,321 ounces gold, Osisko's flagship Canadian Malartic mine has again achieved record gold production of 140,029 ounces gold in Q1 2014. Production statistics for the quarter and the month of March are presented below. A conference call will be held this morning at [...]
Osisko Mining is pleased to announce that comprehensive compilation of the Odyssey target has outlined potential for a wide, bulk tonnage underground deposit. The Odyssey target is located approximately 700 metres east of Jeffrey Zone along the Cadillac-Larder Lake Fault (CLLF), and is approximately 4.5 kilometres from the Canadian Malartic mill [...]
Osisko and Yamana Gold are pleased to announce they have entered into an agreement pursuant to which Yamana will acquire a 50% interest in Osisko's mining and exploration assets for C$441.5 million in cash and 95.7 million common shares of Yamana having an aggregate value of C$929.6 million. Upon implementation of the Agreement, each outstanding [...]
MONTREAL, QUEBEC--(Marketwired - Mar 27, 2014) - Osisko Mining Corp. ("Osisko" or the "Corporation") (TSX:OSK) (FRANKFURT:EWX) is pleased to announce additional new drilling results from Canadian Kirkland, a newly-discovered zone of disseminated gold mineralization located on its 100% owned Kirkland Lake project (see February 21, 2014 press [...]
MONTREAL, QUEBEC--(Marketwired - Mar 21, 2014) - Osisko Mining Corp. ("Osisko" or the "Corporation") (TSX:OSK)(FRANKFURT:EWX) noted the announcement by Goldcorp Inc. ("Goldcorp") today that it has extended its hostile take-over bid which was commenced January 14, 2014, until April 4th, 2014. Osisko reminds shareholders that, pursuant to the [...]
Average Annual Gold Production of 610,000 ounces at US$516 per ounce (2014 - 2018) Average Annual Gold Production of 597,000 ounces at US$525 per ounce Life of Mine MONTREAL, QUEBEC--(Marketwired - Mar 20, 2014) - Osisko Mining Corp. (TSX:OSK)(FRANKFURT:EWX) ("Osisko") is pleased to provide an updated summary of the annual mine production plan [...]
Cash costs per ounce(1) of US$555 MONTREAL, QUEBEC--(Marketwired - Mar 19, 2014) - Osisko Mining Corp. (the "Company" or "Osisko") (TSX:OSK)(FRANKFURT:EWX) is pleased to report February cash costs per ounce(1) of US$555 (C$613) at its flagship Canadian Malartic mine. Osisko previously announced production of 46,154 ounces of gold with record [...]
Canadian Malartic Updated Mine Plan to be Released MONTREAL, QUEBEC--(Marketwired - Mar 18, 2014) - Osisko Mining Corp. (TSX:OSK)(FRANKFURT:EWX) ("Osisko") cordially invites analysts and investors to attend Osisko's "Investor Day" presentation and luncheon, this Thursday, March 20th at 12:00pm, to be held at the Trump Hotel, downtown Toronto [...]
12% Lower Gold Price Assumption Results in 2% Decrease in Reserves 2014 Gold Production Estimated at 525,000 - 575,000 Ounces MONTREAL, QUEBEC--(Marketwired - Mar 12, 2014) - Osisko Mining Corp. (TSX:OSK)(FRANKFURT:EWX) is pleased to provide an updated reserve and resource estimate for its 100%-owned Canadian Malartic project. This new estimate [...]