Queens Road

Queen's Road Capital Announces Investment in Osisko Green

Retrieved on: 
Wednesday, July 14, 2021
Osisko Gold Royalties, Osisko Mining, Queens Road, Companies, Economy of Canada, Companies listed on the Toronto Stock Exchange

Hong Kong, Hong Kong--(Newsfile Corp. - July 14, 2021) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the "Company" or "Queen's Road Capital") is pleased to announce its intention to participate as an Initial Funding Investor in the Osisko Green Acquisition Ltd. ("Osisko Green") initial public offering with a participation of approximately C$20 million.

Key Points: 
  • Hong Kong, Hong Kong--(Newsfile Corp. - July 14, 2021) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the "Company" or "Queen's Road Capital") is pleased to announce its intention to participate as an Initial Funding Investor in the Osisko Green Acquisition Ltd. ("Osisko Green") initial public offering with a participation of approximately C$20 million.
  • Queen's Road Capital intends to participate as an Initial Funding Investor in Osisko Green, investing alongside the sponsor, Osisko Green Sponsor Corp. (a wholly-owned subsidiary of Osisko Mining Inc.) and other founding investors, Osisko Mining Inc. and Osisko Gold Royalties Ltd.
  • Warren Gilman, Chairman and CEO of the Company commented: "Queen's Road Capital is pleased to make its first investment jointly with the Osisko team.
  • Completion of the investment is subject to Osisko Green completing a successful initial public offering, receipt of all required exchange and regulatory approvals and Queen's Road Capital board approval.

Queen's Road Capital Announces Completion of Los Andes Investment

Retrieved on: 
Thursday, June 3, 2021
Corporate finance, Finance, Money, Financial economics, Debenture, Debt, Queens Road, Convertible bond

Hong Kong, Hong Kong--(Newsfile Corp. - June 3, 2021) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the "Company" or "Queen's Road Capital") is pleased to announce that it has completed its previously-announced US$5,000,000 investment in Los Andes Copper Ltd. ("Los Andes").

Key Points: 
  • Hong Kong, Hong Kong--(Newsfile Corp. - June 3, 2021) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the "Company" or "Queen's Road Capital") is pleased to announce that it has completed its previously-announced US$5,000,000 investment in Los Andes Copper Ltd. ("Los Andes").
  • Queen's Road Capital now holds US$5,000,000 aggregate principal amount of unsecured convertible debentures.
  • The debentures are convertible at the Company's option into common shares of Los Andes at a conversion price of C$10.82 per share.
  • Queen's Road Capital's investment portfolio has generated substantial unrealized gains since our establishment last year and we will continue to build on these successes."