Osisko Gold earns 19,014 attributable GEOs in Q1

Osisko recorded preliminary revenues from royalties and streams of $54.9M during the first quarter and preliminary cost of sales of $1.6M, resulting in a quarterly cash margin of approximately $53.3M As at March 31, Osisko’s cash position was approximately $63.1M, following a $19.6M net repayment on the Company’s revolving credit facility during the first quarter. Osisko’s revolving credit facility was drawn by $74.3M at the end of March, with an additional amount of $308.2M available to be drawn plus the uncommitted accordion of C$200M. Subsequent to quarter end, Osisko paid down an additional $25M against its revolving credit facility, reducing the outstanding balance to $49.3M as at the date of this press release.