Renard

Osisko Reports Record 2023 Results and Provides 2024 Guidance and New 5-Year Outlook

Retrieved on: 
Tuesday, February 20, 2024

MONTRÉAL, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce its consolidated financial results for the year-end 2023.

Key Points: 
  • MONTRÉAL, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce its consolidated financial results for the year-end 2023.
  • Osisko expects GEOs earned to range between 82,000 to 92,000 in 2024 at an average cash margin of 97%.
  • Osisko’s 2024 guidance on royalty and stream interests is largely based on publicly available forecasts from our operating partners.
  • This 5-year outlook replaces the 5-year outlook previously released in 2023, which should be considered withdrawn.

Azimut and SOQUEM Expand Lithium Drilling Discovery at Galinée

Retrieved on: 
Wednesday, November 29, 2023

Azimut and its partner SOQUEM Inc. (“SOQUEM”) are strongly encouraged by these initial results.

Key Points: 
  • Azimut and its partner SOQUEM Inc. (“SOQUEM”) are strongly encouraged by these initial results.
  • Additional drilling is targeting a two (2) kilometre-long target area to expand the mineralized zone further east and south.
  • Chibougamau Drilling Ltd of Chibougamau (Quebec) is carrying out the drilling operations using a core diameter of BTW.
  • The Galinée Property (649 claims, 335 km2) is a 50/50 joint venture between Azimut and SOQUEM, operated by Azimut.

Unleashed Brands Fortifies Development Capabilities with Three Strategic New Hires

Retrieved on: 
Monday, December 18, 2023

DALLAS, Dec. 18, 2023 /PRNewswire/ -- Unleashed Brands, the world's first youth enrichment franchise platform, has hired three retail industry experts to serve in new leadership roles on the development team. The strategic hires are a testament to Unleashed Brands' commitment to bringing on in-house subject matter experts for all phases of the development process to help franchisees.

Key Points: 
  • The strategic hires are a testament to Unleashed Brands' commitment to bringing on in-house subject matter experts for all phases of the development process to help franchisees.
  • His tenure at distinguished companies like Starbucks and YUM Brands highlights his prowess in driving innovative design and engineering strategies, now leading Unleashed Brands' Store Development team.
  • As Head of Attractions focused on Urban Air, his expertise will enhance park experiences within Unleashed Brands' portfolio.
  • "We've strategically brought on board subject matter experts for all phases of the development process," said Ryan Slemons, Chief Development Officer for Unleashed Brands.

Osisko Reports Q3 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

MONTREAL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the third quarter of 2023.

Key Points: 
  • MONTREAL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the third quarter of 2023.
  • As we head into the final three months of the year, and as previously noted, we are now trending towards the lower end of our 2023 GEO guidance range.
  • On October 30, 2023, Osisko announced the acquisition of a 1.0% NSR royalty covering the Namdini Gold Project in Ghana.
  • Osisko provides notice of third quarter 2023 results and webcast and conference call details.

Triple Flag Announces Q3 2023 Results – On Track to Achieve Guidance

Retrieved on: 
Tuesday, November 7, 2023

Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.

Key Points: 
  • Guidance and Outlook Maintained: Triple Flag remains on track to achieve its sales guidance for 2023 of 100,000 to 115,000 GEOs, notwithstanding the Renard diamond mine entering care and maintenance in the fourth quarter of 2023 as described further below.
  • Northparkes (54% gold stream and 80% silver stream): Sales from Northparkes in Q3 2023 were 3,919 GEOs.
  • In October 2023, Alamos Gold reiterated that Young-Davidson is on track to meet its 2023 production guidance of 185,000 – 200,000 ounces.
  • Triple Flag has not assumed any contributions from Pumpkin Hollow to GEOs sales in the fourth quarter of 2023.

Azimut and SOQUEM Drill Wide Lithium-bearing Pegmatite Intercepts at Galinée, James Bay Region, Quebec

Retrieved on: 
Monday, October 23, 2023

All drill holes carried out so far intersect spodumene pegmatites, currently recognized over a distance of 400 metres laterally.

Key Points: 
  • All drill holes carried out so far intersect spodumene pegmatites, currently recognized over a distance of 400 metres laterally.
  • Intercepts of up to 78.4 metres in core length were observed in the first four (4) holes totalling 1,252.8 metres.
  • Azimut and its partner SOQUEM Inc. (“SOQUEM”) are strongly encouraged by these initial drilling and prospecting results.
  • The Galinée Property (649 claims, 335 km2) is a 50/50 joint venture between Azimut and SOQUEM, operated by Azimut.

Azimut and SOQUEM Uncover a Spodumene-Bearing Pegmatite Boulder Field at Galinée, James Bay Region, Quebec

Retrieved on: 
Wednesday, September 6, 2023

LONGUEUIL, Quebec, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report that a spodumene-bearing pegmatite boulder field containing at least 12 mineralized boulders has been identified on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec.

Key Points: 
  • LONGUEUIL, Quebec, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to report that a spodumene-bearing pegmatite boulder field containing at least 12 mineralized boulders has been identified on the Galinée Property (the “Property”) in the Eeyou Istchee James Bay region of Quebec.
  • The boulder field in the northern part of the Property is characterized by the following features:
    At least 12 spodumene-bearing pegmatite boulders in a 650- by 350-metre area, not fully delineated at this stage.
  • Boulder sizes range from 0.5 x 0.5 metre to 1.5 x 1.5 metre, with spodumene constituting 5% to 20% of the pegmatite.
  • The Galinée Property (649 claims, 335 km2) is a 50/50 joint venture between Azimut and SOQUEM, operated by Azimut.

Osisko Reports Record 2022 Results and Provides 2023 Guidance and 5-Year Outlook

Retrieved on: 
Thursday, February 23, 2023

MONTRÉAL, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the fourth quarter and full year 2022, and provided guidance for 2023 as well as its updated 5-year growth outlook. Amounts presented are in Canadian dollars, except where otherwise noted.

Key Points: 
  • MONTRÉAL, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the fourth quarter and full year 2022, and provided guidance for 2023 as well as its updated 5-year growth outlook.
  • Sandeep Singh, President and CEO of Osisko commented: “As discussed in our Q4 2022 preliminary results release, Osisko had an exceptional year in 2022.
  • Osisko’s 2023 guidance on royalty and stream interests is largely based on publicly available forecasts from our operating partners.
  • The 2023 guidance also forecasts the closing of the CSA Silver Stream in the second quarter of 2023, with an effective date of February 1, 2023.

Osisko Announces Record Preliminary Q2 2022 Deliveries, Revenues and Cash Margin

Retrieved on: 
Tuesday, July 12, 2022

Osisko earned approximately 22,240 attributable gold equivalent ounces1 (GEOs) in the second quarter of 2022, record deliveries for the Corporation since inception in 2014.

Key Points: 
  • Osisko earned approximately 22,240 attributable gold equivalent ounces1 (GEOs) in the second quarter of 2022, record deliveries for the Corporation since inception in 2014.
  • Osisko had record preliminary revenues from royalties and streams of C$51.5 million during the second quarter and preliminary cost of sales (excluding depletion) of C$3.7 million, resulting in a record quarterly cash margin2 of approximately C$47.8 million or approximately 93%.
  • Sandeep Singh, President and CEO of Osisko commented: Our royalty and streaming portfolio delivered records on a number of fronts in Q2 including GEO deliveries and absolute cash margins.
  • On May 24th, Osisko Development Corp. (Osisko Development) announced the results of a preliminary economic assessment (PEA) for the Cariboo Gold Project in central British Columbia.

Gold In 2022 Expected to Continue to Rise Due to Increased Investor & Central Bank Demand

Retrieved on: 
Thursday, April 14, 2022

The rising demand for gold jewelry is driving the supply of gold.

Key Points: 
  • The rising demand for gold jewelry is driving the supply of gold.
  • Further, higher gold prices and weaker local currencies drove the domestic price of gold to historical highs, negatively impacting the demand for jewelry."
  • The article continued: "The Global Gold Mining Market was valued at USD 197.58 Billion in the year 2021.
  • Further, major factors driving sales of gold products include increasing, changing consumer preferences coupled with the rising population of high-net-worth individuals.