(Toronto, July 25, 2022) Osisko Mining Inc. (OSK:TSX. “Osisko” or the “Corporation”) is pleased to announce that it has published its 2021 Sustainable Development report which provides a detailed overview of the Corporation’s environmental, social, and governance performance (ESG) and economic contributions in the communities in which we operate. The report is available on the Osisko website www.osiskomining.com in English and French.
Sustainability is anchored in Osisko’s business strategy through the Health and Safety, Human Resources, Environmental, Community Relations and Responsible Procurement policies. In 2021, Osisko continued to closely monitor the COVID-19 response while moving forward to achieve our vision of being a sustainable company and an industry leader that is valued by its stakeholders. We were honored to win the 2021 Mercure award in the Desjardins Sustainable Development Strategy category for the work ensuring the safe return of our Cree workforce during the pandemic.
Osisko has maintained a safe work environment for our employees and contractors at Windfall since the exploration activities started in 2015. We continue to minimize our effect on the environment through rigorous water, waste and spill management, land reclamation and advance closure planning.
The report covers Osisko’s activities on our Windfall, Quévillon, and Urban Barry projects. It describes our ESG performance from January 1 to December 31, 2021 and provides comparative data from previous years.
About Osisko Mining Inc.
Osisko is a mineral exploration company focused on the acquisition, exploration, and development of gold resource properties in Canada. Osisko holds a 100% interest in the high-grade Windfall gold deposit located between Val-d’Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area and nearby Quévillon area (over 2,400 square kilometres).
Chief Executive Officer
Telephone (416) 363-8653
(Toronto, July 22, 2022) Osisko Mining Inc. (TSX:OSK) (the “Corporation” or “Osisko“) today announced that it has filed an early warning report in respect of Vior Inc. (“Vior””) in connection with Vior’s private placement (the “Private Placement”) offering of units. Osisko exercised its equity participation right pursuant to an Investor Rights Agreement previously entered into by Vior and the Corporation and subscribed for 1,923,000 units (“Units”) at a price of $0.13 per unit. Each Unit is comprised of one common share in the capital of Vior (a “Common Share”) and one-half of one Common Share purchase warrant (each whole warrant a “Warrant”). Each Warrant entitles Osisko to acquire one additional Common Share at an exercise price of $0.21 per Common Share for a period of 30 months from the closing date.
Following the closing of the Private Placement, Osisko will own 6,848,000 common shares and 3,424,000 warrants representing approximately 7.80% of the issued and outstanding Common Shares of Vior and 11.26% on a partially diluted basis, presuming the exercise of all warrants held by Osisko.
Osisko acquired the securities of Vior for investment purposes only and intends to review, on a continuous basis, various factors related to its investment, and may decide to purchase additional securities of Vior or may decide in the future to sell all or part of its investment.
This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated July 22, 2022. The early warning report has been filed on the System for Electronic Document Analysis and Review (“SEDAR”) under Vior’s issuer profile at www.sedar.com. To obtain a copy of the early warning report filed by Osisko, please contact John Burzynski at (416) 363-8653 or refer to SEDAR under Vior’s issuer profile at www.sedar.com.
For further information, please contact Osisko Mining Inc.:
Chief Executive Officer
Osisko Mining Inc.
155 University Avenue
Toronto, ON M5H 3B7
Telephone: (416) 363-8653