Q: Hi all,
Does OR still have royalties from OSK or part ownership?
If yes, any change because of the buyout?
Does OR still have royalties from OSK or part ownership?
If yes, any change because of the buyout?
5i Research Answer:
OR sold all of its OSK shares in a bought deal in December 2023. It still owns a 2% to 3% royalty on the Windfall Gold Project. Contract terms do not change with ownership, but the new owners can always review and try to negotiate a buy out the royalty, if that is of interest to them.