Osisko closes PE-backed acquisition of Virginia Mines
Osisko Gold Royalties Ltd (TSX: OR) has completed its previously announced acquisition of Virginia Mines Inc (TSX: VGQ). The deal, which creates a new intermediate royalty company with gold royalty assets in Québec, was originally priced at about $479 million. The Caisse de dépôt et placement du Québec and the Fonds de solidarité FTQ, which are existing investors in the Montréal-based Osisko, contributed to the funding of transaction.
17 February 2015•5 mins read
