OR Royalties earns 22,740 attributable gold equivalent ounces in Q1

OR Royalties (OR) recorded preliminary revenues from royalties and streams of $102.8M during the first quarter, a quarterly record, and preliminary cost of sales of $3.3M, resulting in a quarterly cash margin of approximately $99.5M. As at March 31, OR Royalties’ cash position was approximately $94.9M, after repurchases of common shares made under the normal course issuer bid of $12.9M during the first quarter, and also following the end-of-March closing of the additional Namdini 1% net smelter return royalty transaction, originally announced in January, which was funded using available cash on the balance sheet.