Osisko Gold reports preliminary Q3 gold deliveries of 18.4K oz

Osisko Gold “provides an update on its third quarter 2024 preliminary deliveries, revenues and cash margin, as well as on its cash and debt positions as of September 30th, 2024. Osisko earned 18,408 attributable gold equivalent ounces in the third quarter of 2024. Osisko recorded preliminary revenues from royalties and streams of $57.3 million during the third quarter and preliminary cost of sales of $2.2 million, resulting in a quarterly cash margin2 of approximately $55.1 million. As at September 30th, 2024, Osisko’s cash position was $58.5 million. The Company’s revolving credit facility was drawn by $80.7 million at the end of September 2024, with an additional amount of $469.3 million available to be drawn plus the uncommitted accordion of up to $200.0 million. The net debt position as of September 30, 2024 was reduced to $22.2 million during the third quarter following debt repayments of $27.3 million.”