AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Osisko Mining Corporation: Proceeds of $39.6 M From Exercise of $7.90 Warrant

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

luker

Rank: [?]

President

Points: [?]

13957

Rating: [?]

Votes: 160 Score: 3.7

Currently 3.8/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Osisko Mining Corporation: Proceeds of $39.6 M From Exercise of $7.90 Warrant

posted on Nov 17, 09 02:48PM

MONTREAL, QUEBEC--(Marketwire - Nov. 17, 2009) - Osisko Mining Corporation ("Osisko") (TSX:OSK) (FRANKFURT:EWX) is pleased to report that it has received proceeds of $39,622,000 from the exercise of 5,015,490 of its $7.90 warrant (OSK.WT) which expired on November 16, 2009. Some 4,609,510 warrants were not exercised.

The $7.90 warrants were issued as part of a November 2007 $125 million Special Warrant Financing which comprised of one common and one half share purchase warrant.

About Osisko

Osisko Mining Corporation is currently developing the Canadian Malartic gold deposit and evaluating adjacent areas for a large-scale open pit, bulk-tonnage mining operation. The Canadian Malartic deposit currently represents one the biggest gold reserves in Canada for a single deposit, and is still growing through ongoing drilling on new mineralized zones. Current reserves for the Canadian Malartic property are 6.28 million ounces, plus a global measured and indicated resource of 3.65 million ounces and an inferred resource of 0.84 million ounces (including the adjacent South Barnat deposit).