Osisko Gold updates on CSA mine in NSW, Australia

Osisko Gold Royalties (OR) "announces that its wholly-owned subsidiary, Osisko Bermuda Limited has entered into a revised binding agreement with Metals Acquisition Corp. (MTAL) with respect to the purchase of a 100% silver stream on the producing CSA mine in New South Wales, Australia to partially fund MAC’s acquisition of the Mine. MAC has filed a preliminary Form F-4 with the U.S. Securities and Exchange Commission for their review purposes, which includes, among other things, details of its proposed acquisition of 100% of the shares of the owner of CSA from a subsidiary of Glencore plc. Separately, OBL and MAC have entered into a backstop financing agreement with respect to an up to US$75 million copper stream. The Backstop Copper Stream may be utilized, in whole or in part, by MAC to fund any shortfall in the equity financing required to complete the Acquisition Transaction, subject to certain conditions precedent."