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Osisko Gold Royalties Announces Preliminary Q1 2025 GEO Deliveries and Strong Quarterly Cash Margin
MONTREAL, April 09, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its first
About this update from Or Royalties Inc.
[{"type":"text","content":" MONTREAL, April 09, 2025 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to provide an update on its first quarter 2025 preliminary deliveries, revenues and cash margin, as well as on its cash and debt positions as at March 31st, 2025. All monetary amounts included in this report are expressed in United States dollars, unless otherwise noted. PRELIMINARY Q1 2025 RESULTS Osisko earned 19,014 attributable gold equivalent ounces1 (“GEOs”) in the first quarter of 2025. Osisko recorded preliminary revenues from royalties and streams of $54.9 million during the first quarter and preliminary cost of sales (excluding depletion) of $1.6 million, resulting in a quarterly cash margin2 of approximately $53.3 million (representing a quarterly record cash margin of 97.1%). As at March 31st, 2025, Osisko’s cash position was approximately $63.1 million, following a $19.6 million net repayment on the Company’s revolving credit facility during the first quarter. Osisko’s revolving credit facility was drawn by $74.3 million at the end of March 2025, with an additional amount of $308.2 million available to be drawn plus the uncommitted accordion of C$200 million. Subsequent to quarter end, Osisko paid down an additional $25.0 million against its revolving credit facility, reducing the outstanding balance to $49.3 million as at the date of this press release. Q1 2025 RESULTS CONFERENCE AND WEBCAST CALL DETAILS Osisko provides notice of the first quarter 2025 results and conference and webcast call details. Results Release: Wednesday, May 7th, 2025 after market close Conference Call: Thursday, May 8th, 2025 at 10:00 am ET Dial-in Numbers:(Option 1) North American Toll-Free: 1 (800) 717-1738Local – Montreal: 1 (514) 400-3792Local – Toronto: 1 (289) 514-5100Local – New York: 1 (646) 307-1865Conference ID: 33088 Webcast link:(Option 2) https://viavid.webcasts.com/starthere.jsp?ei=1713958&tp_key=482b1aae4e Replay (available until Sunday, June 8th, at 11:59 PM ET): North American Toll-Free: 1 (888) 660-6264Local – Toronto: 1 (289) 819-1325Local – New York: 1 (646) 517-3975Playback Passcode: 33088# Replay also available on our website at www.osiskogr.com The figures presented in this press release, including the cash and debt balances, and the reven...