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| Home : Osisko Gold Royalties Completes $4.9 Million Flow Through Private Placement Into NioGold Mining |
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Aug 29
2014 |
Osisko Gold Royalties Completes $4.9 Million Flow Through Private Placement Into NioGold Mining |
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MONTREAL, QUEBEC--(Marketwired - Aug. 29, 2014) - Osisko Gold Royalties (the "Company" or "Osisko") (TSX:OR) is pleased to announce that it has completed its non-brokered private placement of 14,000,000 flow-through common shares (the "Flow-Through Shares") of NioGold Mining Corporation ("NioGold") (TSX VENTURE:NOX)(OTCQX:NOXGF) at a price of $0.35 per share (see Osisko's press release dated July 25, 2014 for more details). Upon closing the transaction, Osisko owns 23,598,500 common shares of NioGold, or approximately 19.5% of NioGold's issued and outstanding common shares. The Flow-Through Shares have been acquired by Osisko pursuant to applicable exemptions from the prospectus requirements and are subject to a four-month hold period. |
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| Source:http://www.marketwired.com/mw/release.do?id=1942604&sourceType=3 |
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