Osisko Gold Royalties Ltd (OR), a 10% Holder, acquired 5,435,000 Common Shares on a direct ownership basis at a price of $0.550 through a prospectus or prospectus exempt offering on September 12th, 2018. This represents a $2,989,250 investment into the company's shares and an account share holdings change of 60.3%.
Osisko Metals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Osisko Metals Inc, formerly Bowmore Exploration Ltd, is a Canada-based base metal exploration and development company with an emphasis on zinc. The Company has approximately 40,000 hectares in the Bathurst Mining Camp (BMC), a zinc-lead-silver producing district. Osisko Metals Inc's objective is to develop a multi-deposit model with historical resources in the BMC. The Company reviews several deposits. In Quebec, the Company has more than 40,000 hectares that cover more than 10 grass-root zinc properties. In parallel, Osisko Metals Inc monitors zinc-oriented peers for other opportunities. Osisko Gold Royalties Ltd is a significant shareholder of Osisko Metals Inc with approximately 20% ownership. Osisko Metals Incorporated (OM) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $2,989,250.
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