Sandeep Singh, President and CEO of Osisko, commented: “We are delighted to have experienced another quarter of record deliveries, revenues and cash margin in Q3. Osisko recorded preliminary revenues from royalties and streams of C$53.7 million during the third quarter and preliminary cost of sales (excluding depletion) of C$4.4 million, resulting in a record quarterly cash margin 2 of approximately C$49.3 million (or 92%).ĭuring the third quarter, Osisko purchased for cancellation a total of 1.3 million common shares for C$16.5 million (average acquisition price per share of C$12.77) under its NCIB program. Osisko earned approximately 23,850 attributable gold equivalent ounces 1 (“GEOs”) in the third quarter of 2022, record deliveries for the Corporation since inception in 2014. 11, 2022 (GLOBE NEWSWIRE) - Osisko Gold Royalties Ltd (the “ Corporation” or “ Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its third quarter 2022 deliveries, revenues, cash margin and recent asset advancements for its royalty and stream segment.
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