Osisko closes $42 mln deals with the Caisse, Fonds de solidarité FTQ

Osisko Gold Royalties Ltd (TSX: OR) has closed private placements with existing investors the Caisse de dépôt et placement du Québec and the Fonds de solidarité FTQ. The transactions, which provide total gross proceeds of around $42 million, was previously announced concurrently with Osisko's agreement to combine with Virginia Mines Inc (TSX: VGQ). That $479 million acquisition will see the Caisse and the Fonds also invest in Virginia. Based in Montréal, Osisko is a gold-focused royalty and stream company.

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