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Business as usual: bank climate commitments, lending, and engagement

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Tuesday, April 2, 2024

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Osisko Metals Provides Corporate Update

Retrieved on:

Friday, September 22, 2023

Pine Point, PPML, Metal, Rare-earth element, Osisko Gold Royalties

MONTREAL, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) today announces a change to management and the grant of options as outlined below:

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MONTREAL, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) today announces a change to management and the grant of options as outlined below:
On April 6, 2023, the successful closing of the joint venture transaction between the Company and a subsidiary of Appian Natural Resources Fund III LP (“Appian”) resulted in the formation of a joint venture for the advancement of Osisko Metals’ Pine Point Project (the “Transaction”), called Pine Point Mining Limited (PPML).
The Company confirms that as of September 30, 2023, Mr. Jeff Hussey will step down as President and Chief Operating Officer of Osisko Metals and transition full-time to PPML (holder of the Pine Point Project) as Chief Executive Officer.
Mr. Hussey remains a member of Osisko Metals’ Board of Directors.
“It has been a unique pleasure to be part of the Osisko Metals team from its inception and have had the opportunity to interact with the larger group of Osisko companies,” said Mr. Hussey.

Osisko Metals Signs C$100 Million Investment Agreement With Appian Natural Resources Fund for a Joint Venture on Pine Point

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Wednesday, February 22, 2023

The board of directors of PPML will initially consist of four directors with two nominees from Appian and two nominees from Osisko Metals.

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The board of directors of PPML will initially consist of four directors with two nominees from Appian and two nominees from Osisko Metals.
Upon Appian earning an interest in PPML above 50%, the board of directors will consist of five directors with three nominees from Appian and two nominees from Osisko Metals.
The Investment Agreement includes, among other things, a non-solicitation provision and a C$4.5 million termination fee payable by Osisko Metals to Appian under certain circumstances.
Concurrent with closing of the Transaction, Osisko Metals and Appian will enter into an investor rights agreement (the "Investor Rights Agreement").

Canon U.S.A. Introduces New Version of PRISMAproduction and Launch of PRISMAsimulate Ultra

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Tuesday, October 25, 2022

Complimenting PRISMAproduction, Canon also launched PRISMAsimulate Ultra1 enabling digital layout proofing, ink estimation and production simulation features for graphic arts and business communication applications for maximized profitability and minimized waste.

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Complimenting PRISMAproduction, Canon also launched PRISMAsimulate Ultra1 enabling digital layout proofing, ink estimation and production simulation features for graphic arts and business communication applications for maximized profitability and minimized waste.
As print jobs continue to become increasingly complex, print file sizes are also growing.
PRISMAsimulate Ultra, a successor to TrueProof,is designed to assist print providers with increased predictability to reduce make-ready times through an on-site application delivering by ink estimation, proofing and workflow simulation.
Alongside seamlessly integrating it into the customer production workflow with PRISMAproduction, it can help customers save resources, cost and waste.