Welcome to our dedicated page for OR Royalties news (Ticker: OR), a resource for investors and traders seeking the latest updates and insights on OR Royalties stock.
OR Royalties Inc. (OR) is a precious metals royalty and streaming company whose news flow reflects developments across a broad portfolio of royalties, streams and similar interests. Because the company does not operate mines directly, its updates often center on financial results, portfolio performance and progress at underlying mining projects operated by partners.
Investors following OR Royalties’ news can expect regular disclosures on quarterly and annual results, including gold equivalent ounces (GEOs) earned, revenues from royalties and streams, and cash margin, a non‑IFRS measure the company uses to assess cash generation from its interests. Press releases also cover dividend declarations, details of the dividend reinvestment plan, and activity under normal course issuer bid programs for share repurchases.
Another key component of OR Royalties’ news consists of asset‑specific updates. The company highlights milestones at projects where it holds NSR royalties, gross revenue royalties or streaming interests, such as feasibility studies, permitting progress, financing developments and construction plans. Examples include updates on projects like Canadian Malartic, Cascabel, Cariboo, Marimaca MOD, Spring Valley, Dalgaranga and other assets in its portfolio.
Corporate announcements furnished to regulators on Form 6‑K also appear in the news stream, including interim financial statements, management’s discussion and analysis, and other regulatory disclosures. For readers tracking OR stock, the news page provides a consolidated view of how the royalty and streaming portfolio is evolving, how much metal exposure the company is reporting through GEOs, and how management is allocating capital through dividends, credit facilities and share repurchases.
Bookmark this page to review new earnings releases, portfolio updates and transaction announcements related to OR Royalties Inc. as they are published.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) has released its Notice of Annual Meeting of Shareholders and Management Information Circular, available on its website and regulatory filings. The annual meeting is set for May 12, 2022, in Montreal. Notably, Christopher C. Curfman will not seek re-election, and the Governance Committee has nominated Edie Hofmeister, who brings extensive mining industry experience and a strong ESG focus. This nomination continues Osisko's board renewal, with five new directors added in two years, enhancing the company's governance.
Osisko Gold Royalties Ltd has successfully closed a bought deal public offering of 18,600,000 common shares at a price of US$13.45 each, raising total gross proceeds of US$250,170,000. The offering included an over-allotment option for underwriters to purchase an additional 2,790,000 shares. Proceeds will be used for general corporate purposes, including funding acquisitions and potential repayment of debts. The shares were offered under a short form prospectus and a registration statement in Canada and the U.S.
Osisko Gold Royalties Ltd has filed its Annual Information Form, Consolidated Annual Financial Statements, and Management's Discussion and Analysis for the year ending December 31, 2021. The corporation has also submitted its Annual Report on Form 40-F with the U.S. Securities and Exchange Commission. Shareholders can request hard copies of the financial statements at no charge. Osisko focuses on precious metal royalties in the Americas and has a diverse portfolio of over 160 royalties, anchored by a 5% royalty on the Canadian Malartic mine, Canada’s largest gold mine.
Osisko Gold Royalties Ltd (OR) announced a $90 million silver stream agreement through its subsidiary, Osisko Bermuda Limited, with Metals Acquisition Corp to facilitate the acquisition of the CSA mine in Australia. This deal secures 100% of payable silver production for the mine's life, generating an average of ~431koz annually. Furthermore, Osisko can access an additional $100 million through a copper stream option. The transaction enhances cash flow and offers strategic exposure to a high-grade copper asset, with anticipated closing in H2 2022, pending regulatory approvals.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) announces a first quarter 2022 dividend of C$0.055 per common share, payable on April 14, 2022 to shareholders of record as of March 31, 2022. This dividend qualifies as an 'eligible dividend' under the Income Tax Act (Canada). For U.S. shareholders, the dollar equivalent will follow the Bank of Canada's rate on March 31, 2022. The company also has a dividend reinvestment plan, allowing shareholders to reinvest dividends. More information can be found on the company's website.
Osisko Gold Royalties Ltd (OR) reported strong financial results for 2021, achieving record revenues of $199.6 million from royalties and streams and a cash margin of 93%. The company earned 80,000 GEOs in line with guidance, while consolidated net loss attributable to shareholders was $23.6 million. For 2022, guidance includes a projected 90,000 to 95,000 GEOs and a 10% increase in quarterly dividends, reaching an annualized $0.22 per share. A 5-year growth outlook forecasts 130,000 to 140,000 GEOs by 2026, reflecting significant potential growth.
Osisko Gold Royalties Ltd (OR) announced a non-binding term sheet for a US$20-40 million metals stream to support Osisko Development Corp’s acquisition of the Trixie Mine and 17,000 acres in Utah's Tintic Mining District. The Trixie Mine is a high-grade gold source, historically producing 14,709 ounces at an average grade of 59 g/t. Osisko Development plans to expand production capacity from 20,000 to 100,000 ounces per annum by 2024. This investment is expected to enhance Osisko’s portfolio and leverage significant exploration potential in a prolific mining area.
Osisko Gold Royalties Ltd (OR) reported its preliminary Q4 2021 results, achieving approximately 19,830 attributable gold equivalent ounces (GEOs), totaling around 80,000 GEOs for the year, aligning with its guidance. The company recorded revenues of C$50.7 million and a cash margin of C$47.0 million, marking a quarterly record with a margin of 93%. Key asset advancements were noted, particularly at the Malartic property, with exploration successes expected to enhance production potential. Osisko's strategic focus remains on disciplined capital allocation and shareholder returns, including increased dividends and share buybacks.
Osisko Gold Royalties Ltd (OR:TSX & NYSE) has received approval from the Toronto Stock Exchange for a normal course issuer bid (NCIB Program) allowing repurchase of up to 16,530,688 common shares. The program is set to commence on December 12, 2021, and will run until December 11, 2022, with daily purchases capped at 87,264 shares. Osisko believes the market price does not reflect its underlying value, and the repurchase will benefit remaining shareholders. As of November 30, 2021, the company had 166,458,343 common shares outstanding.
Osisko Gold Royalties Ltd (OR: TSX & NYSE) has announced an agreement to acquire royalties from Talisker Resources Ltd for a total of CAD $7.5 million. The deal includes an additional 0.5% net smelter return (NSR) royalty on the Bralorne property, increasing Osisko’s total NSR interest to 1.7%. Additionally, Osisko will gain a 1.5% NSR on the newly acquired Ladner property and a future 1% NSR on the Golden Hornet property, contingent on Talisker's acquisition. The Bralorne site has historically produced over four million ounces of gold, while Ladner has an inferred resource of 691,540 ounces.