June 5, 2017 / 10:16 AM / 2 months ago

Osisko Gold to buy precious metals portfolio for C$1.13 bln

1 Min Read

June 5 (Reuters) - Canada's Osisko Gold Royalties Ltd said on Monday it agreed to buy a precious metals portfolio from Orion Mine Finance Group for C$1.13 billion ($839.40 million).

Osisko will pay Orion C$675 million in cash and the remaining C$450 million in Osisko shares, the company said.

$1 = C$1.35 Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Shounak Dasgupta

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