Posted On: 06/22/2014 8:48:12 AM
Post# of 9903
Re: bigmoneytrader #4425
NICEEE!!! ME TOO BMT!!! WE DESERVE IT FOR SURE!!! 1 Question. HOw much do You think we will get for Selling all of the our Properties. Osisko recieved 2.09 per share. We have or had a lot before the sell so I'm trying to speculate an ideal price. I'm also not sure how the Purchase Details read underneath. Specially the 0.26471 of a Yamana common share;
-- 0.07264 of an Agnico Eagle common share part. Does that mean they also get those amounts per each share they hold of OSISKO as well as the 2.09 PER Share? TIA!!! I WONDER HOW THIS WK IS GOING TO PLAYOUT FOR SRGE SHARE HOLDERS!!!
Yamana and Agnico Eagle now each own 50% of Osisko and have formed a joint committee to operate the Canadian Malartic mine in Quebec. The partners will also jointly explore and potentially develop the Kirkland Lake assets, and continue the exploration at the Hammond Reef, Pandora, and Wood-Pandora properties.
Each outstanding common share of Osisko was exchanged for:
-- C$2.09 in cash;
-- 0.26471 of a Yamana common share;
-- 0.07264 of an Agnico Eagle common share; and
-- 0.1 of one common share of Osisko Gold Royalties Ltd., a newly formed
company that has commenced trading on the Toronto Stock Exchange under
the symbol "OR". Pursuant to the Arrangement, the following assets of
Osisko have been transferred to Osisko Gold Royalties Ltd.: (i) a 5% net
smelter royalty ("NSR"
on the Canadian Malartic mine; (ii) C$157
million cash; (iii) a 2% NSR on the Kirkland Lake assets, the Hammond
Reef project, and certain other properties; (iv) all assets and
liabilities of Osisko in its Guerrero camp; and (v) certain other
investments and assets.
-- 0.07264 of an Agnico Eagle common share part. Does that mean they also get those amounts per each share they hold of OSISKO as well as the 2.09 PER Share? TIA!!! I WONDER HOW THIS WK IS GOING TO PLAYOUT FOR SRGE SHARE HOLDERS!!!
Yamana and Agnico Eagle now each own 50% of Osisko and have formed a joint committee to operate the Canadian Malartic mine in Quebec. The partners will also jointly explore and potentially develop the Kirkland Lake assets, and continue the exploration at the Hammond Reef, Pandora, and Wood-Pandora properties.
Each outstanding common share of Osisko was exchanged for:
-- C$2.09 in cash;
-- 0.26471 of a Yamana common share;
-- 0.07264 of an Agnico Eagle common share; and
-- 0.1 of one common share of Osisko Gold Royalties Ltd., a newly formed
company that has commenced trading on the Toronto Stock Exchange under
the symbol "OR". Pursuant to the Arrangement, the following assets of
Osisko have been transferred to Osisko Gold Royalties Ltd.: (i) a 5% net
smelter royalty ("NSR"
on the Canadian Malartic mine; (ii) C$157 million cash; (iii) a 2% NSR on the Kirkland Lake assets, the Hammond
Reef project, and certain other properties; (iv) all assets and
liabilities of Osisko in its Guerrero camp; and (v) certain other
investments and assets.
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