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Orion Mine Finance completes the sale of C$1.25 billion royalty portfolio to Osisko Gold Royalties

Fasken
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Overview

Client

Orion Mine Finance

On July 31, 2017, Orion Mine Finance (“Orion”) completed the sale of a high-quality precious metals portfolio to Osisko Gold Royalties Ltd (“Osisko”). The portfolio consisted of 74 royalties, streams and precious metal offtakes, for total consideration of C$1.125 billion which was paid to Orion through a combination of C$675 million in cash and C$450 million in Osisko common shares.

Team

  • Nancy Eastman, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4387, neastman@fasken.com
  • Jesse Bertollo, Counsel | Mergers & Acquisitions, Toronto, ON, +1 416 865 4366, jbertollo@fasken.com
  • Myroslav Chwaluk, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 868 3413, mchwaluk@fasken.com
  • Christopher Steeves, Partner | Leader, Tax Law, Toronto, ON, +1 416 868 3401, csteeves@fasken.com
  • Paul V. Casuccio, Partner | Commodity VAT & Tax, Toronto, ON, +1 416 868 3491, pcasuccio@fasken.com
  • Huy Do, Partner | CO-LEADER, COMPETITION, MARKETING & FOREIGN INVESTMENT | LEADER, SOUTHEAST ASIA GROUP, Toronto, ON, +1 416 868 3505, hdo@fasken.com