Osisko Gold to purchase royalties on Spartan Resources’ Dalgaranga Gold Project
Osisko Gold Royalties has entered into a binding agreement to acquire a 1.8% gross revenue royalty on the Dalgaranga Gold project operated by Spartan Resources in Western Australia. In addition, Osisko shall also acquire a 1.35% GRR on additional regional exploration licenses in proximity to Dalgaranga. The considerations to be paid by Osisko to the seller, Tembo Capital Mining Fund III, for the Dalgaranga Royalty and the Exploration Royalty, respectively, total $44 million and $6 million. Closi