Osisko Gold Royalties sichert sich stattlichen Kredit für nächste Deals in der Juniorminen-Branche

Osisko Gold Royalties (TSX:OR), jüngster Spieler im aufstrebenden Streaming- und Royalty-Business sichert sich eine ansehnliche Kreditvereinbarung über 100 Mio. USD mit einem etablierten Top-Finanzhaus in Nordamerika (National Bank of Canada). 

Das ist ein starkes Vertrauenszeichen für das Erfolgsteam um den legendären Osisko-Founder Sean Roosen, welches die Perspektiven seiner neuen Firma schon jetzt beträchtlich erhöht.

Osisko Gold Royalties Secures $100 Million Credit Facility

MONTREAL, QUEBEC--(Marketwired - Sept. 16, 2014) - Osisko Gold Royalties Ltd (the "Company" or "Osisko") (TSX:OR) is pleased to announce that it has entered into an agreement with National Bank of Canada for a $100 million Revolving Credit Facility to be used for investments in the mineral industry, including the acquisition of royalties and the funding of precious metal streams. The facility may be increased by $50 million at Osisko's request.

The Revolving Credit Facility will be secured by the Company's assets and will have a two-year term, which can be extended by one year. The facility is subject to initial standby fees of 0.30%. Drawn funds with base and prime rate advances will bear interest at a base/prime rate plus between 0.50% and 2.50% and LIBOR loans will bear interest at LIBOR plus between 1.50% and 3.50% depending on the Company's leverage ratio.

Sean Roosen, Chair and Chief Executive Officer of Osisko, noted: "We are pleased to have National Bank of Canada as a financial partner as we seek new investment opportunities to complement our strong asset base".

The Revolving Credit Facility is subject to the execution and delivery of final documentation and the satisfaction of all conditions precedent.

About Osisko Gold Royalties Ltd

Osisko is a gold-focused royalty and stream company whose cornerstone asset is a 5% Net Smelter Royalty ("NSR") royalty on the Canadian Malartic Gold Mine, located in Malartic, Quebec. The Company also holds a 2% NSR royalty on the Upper Beaver, Kirkland Lake and Hammond Reef gold exploration projects in Northern Ontario. The Company has over $150 million in cash resources and a portfolio of investments in emerging exploration companies..

Link: http://www.theglobeandmail.com/globe-investor/news-sources/?mid=ccnm.20140916.201409160968201001

Quote:

Osisko Gold Royalties ups stakes in two juniorsoto: Reuters

TORONTO (miningweekly.com) – Canadian explorer Osisko Gold Royalties on Friday announced that it had lifted its interest in gold explorer NioGold Mining and base metals explorer Falco Resources..

Link: http://www.miningweekly.com/article/osisko-gold-royalties-ups-stakes-in-two-juniors-2014-08-29



Quote #2:

Royalty-Leader Franco-Nevada: Großer Gewinner der Krise in der Minenbranche sichert sich weitere Liquidität

Mit einer vollen Kriegskasse wird sich der Führer der aufstrebenden Royalty- und Streaming-Branche nach weiteren aussichtsreichen Deals in der Minen- und Juniorbranche umsehen..

Link: http://rohstoffaktien.blogspot.de/2014/08/royalty-leader-franco-nevada-groer.html