JOHANNESBURG (miningweekly.com) – Gold-focused royalty and stream company Osisko Gold Royalties has entered into an agreement with the National Bank of Canada for a C$100-million revolving credit facility to be used for investments in the minerals industry.
This would include the acquisition of royalties and the funding of precious metals streams, the company noted in a statement.
The facility, which could be increased by C$50-million at Osisko’s request, had a two-year term.
“We are pleased to have National Bank of Canada as a financial partner as we seek new investment opportunities to complement our strong asset base,” said Osisko chairperson and CEO Sean Roosen.