Osisko Metals Announces Royalty Financing of $5 Million With Osisko Gold Royalties

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<p><strong>MONTREAL, QUEBEC--(Marketwired - Oct. 12, 2017) -</strong> Osisko Metals Incorporated (the "Company" or "Osisko Metals") (TSX VENTURE:OM)(FRANKFURT:OB5) is pleased to announce that it has entered into an agreement (the "Agreement") with Osisko Gold Royalties Ltd ("Osisko Gold") whereby Osisko Gold will acquire a 1% net smelter return royalty on Osisko Metals' current portfolio of projects within both the Bathurst Mining Camp ("BMC") and Quebec, for a cash consideration of C$5 million. The acquired royalty will also apply to areas that Osisko Metals may acquire in the future that fall within a one kilometer distance from their current property holdings. Osisko Gold will also acquire existing royalty buy-back agreements on current projects and will hold rights of first refusal on any future royalty or metal stream sale from existing or newly acquired properties by Osisko Metals.

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