CDPQ Gives Major Financial Boost for Osisko Gold Portfolio Acquisition
In a private placement deal, CDPQ is investing C$ 200 million in Osisko Gold Royalties Ltd. Another investor joining the private placement is Fonds de solidarité (FTQ), which is investing C$ 75 million into Osisko Gold.
The deal was announced on June 5, 2017. The private placement deal is subject to a 7% capital commitment payment partially in shares, 2%, and in cash.
Why the Private Placement?
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