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| Home : Osisko Deposits the Second Tranche of its Financial Guarantee Covering the Entire Cost of Rehabilitating the Canadian Malartic Site |
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Oct 04
2012 |
Osisko Deposits the Second Tranche of its Financial Guarantee Covering the Entire Cost of Rehabilitating the Canadian Malartic Site |
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MONTREAL, QUEBEC--(Marketwire - Oct. 3, 2012) - Osisko Mining Corporation (the "Company" or "Osisko") (TSX:OSK)(FRANKFURT:EWX) is proud to announce that it has deposited the amount of $12.7 million with the Quebec Government, to cover the cost of rehabilitating its new Canadian Malartic mine site in the Abitibi-Temiscamingue region of Quebec. Amounts deposited to date total $34.8 million. Osisko intends to deposit an additional $11.6 million next year, thereby completing its commitment to deposit in the first years of operations, the entire financial guarantee covering the total costs of the environmental rehabilitation of its Canadian Malartic mine. |
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| Source:http://www.marketwire.com/mw/release.do?id=1709077&sourceType=3 |
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