MONTRÉAL, QUÉBEC--(Marketwired - March 20, 2017) - Osisko Gold Royalties Ltd (TSX:OR)(NYSE:OR) ("Osisko") announces that it has subscribed for and received from Highland Copper Company Inc. (TSX VENTURE:HI) ("Highland") 25,000,000 units for a price of $0.10 per unit in connection with the closing of the third tranche of Highland's previously announced private placement (the "Private Placement"). Each Unit is comprised of one common share and one half of a common share purchase warrant. Each whole warrant entitles Osisko to acquire one common share at a price of $0.15 for a period of one year following the closing date of the Private Placement (the "Private Placement Warrants"). The Private Placement was originally announced by Highland on November 30, 2016.
March 21, 2017 at 03:44AM
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