CORPORATE PROFILE
"The Leading Growth-Oriented Royalty Company"
Summary
Osisko Gold Royalties Ltd is an intermediate precious metal royalty company which holds a North American focused portfolio of over 185 royalties, streams and precious metal offtakes, including 19 producing assets. Osisko’s portfolio is anchored by its cornerstone asset, a 3-5% net smelter return royalty on the Canadian Malartic Complex, one of Canada’s largest gold operations.
Founding Year
2014
Corporate Presentation
Benefits
- Highly efficient and scalable business model
- Significant asset and cash-flow diversification
- No direct capital, operating or exploration cost exposure
- Insulated from inflationary cost pressures
- Optionality to exploration success, mine life extensions and expansions
- High margins provide sustainable cash-flow generation and shareholder returns throughout the commodity cycle
- Leverage to precious metals prices
Key Producing Royalties & Streams
- Canadian Malartic (Agnico Eagle), Canada, 5% NSR
- Mantos Blancos (Capstone Copper), Chile, 100% Silver Stream
- CSA (Metals Acquisition Limited), Australia, 100% Silver Stream + 3.0-4.875% Copper Stream
- Éléonore (Newmont), Canada, 2.2-3.5% NSR
- SASA (Central Asia Metals), Macedonia, 100% Silver Stream
- Seabee (SSR Mining), Canada, 3% NSR
- Gibraltar (Taseko Mines), Canada, 100% Silver Stream
- Island Gold (Alamos Gold), Canada, 1.38-3% NSR
- Lamaque (Eldorado Gold), Canada, 1% NSR
Full list: https://osiskogr.com/app/uploads/2024/05/Asset_Handbook_2024_FINAL_vf.pdf
Select Development Royalties & Streams
- Odyssey Underground (Agnico Eagle), Canada, 3-5% NSR
- Namdini (Cardinal Namdini), Ghana, 1% NSR
- Tocantinzinho (G Mining Ventures), Brazil, 0.75% NSR
- Windfall (Windfall Mining Group), Canada, 2-3% NSR
- Hermosa (South32), United States, 1% NSR
- Corvette (Patriot Battery Metals), Canada, 2% NSR on Lithium
Main Leadership
Norman MacDonald, Chair of the Board of Directors
Mr. MacDonald was appointed Director of the Company in June 2023, and Chair of the Board in November of the same year. Mr. MacDonald is a Senior Advisor, Natural Resources at Fort Capital. He has over 25 years of experience working at natural resource focused institutional investment firms, including over 10 years as a Senior Portfolio Manager at Invesco. Mr. MacDonald began his investment career at Ontario Teachers Pension Plan Board, where he worked for three years in progressive roles from Research Assistant to Portfolio Manager. His next role was as a VP and Partner at Beutel, Goodman & Co. Ltd. Prior to joining Invesco, Mr. Macdonald was a VP and Portfolio Manager at Salida Capital.
Mr. MacDonald earned a Bachelor of Commerce Degree from the University of Windsor and is a CFA Charterholder.
Jason Attew, President, Chief Executive Officer and Director
Mr. Attew joined the Company in January 2024. He is a mining industry veteran who has dedicated more than 25 years to the mining sector. He previously served as President, Chief Executive Officer and Director of Liberty Gold Corp and Gold Standard Ventures Corp as well was the Chief Financial Officer at Goldcorp Inc. where, in addition to leading the finance and investor relations operations, he was responsible for Goldcorp’s corporate development and strategy culminating in the US$32 billion merger with Newmont Corporation.
Mr. Attew has extensive international capital markets experience from his time in investment banking with the BMO Global Metals and Mining Group where he was at the forefront of structuring and raising significant growth capital as well as advising on both formative and transformational mergers and acquisitions for corporations that have become industry leaders over the past two decades. Jason is also on the board of directors of Evolution Mining. Jason holds a Master of Business Administration, Queen’s University and a Bachelor of Science (Honours), University of British Columbia.
