Maria Eugenia Bozzoli

Regulus Announces US$5.0 M Investment From Osisko Gold Royalties

Retrieved on: 
Friday, October 14, 2022
News, National instrument, QP, Maria Eugenia Bozzoli, Multilateral, TSX, MI, Investment, Partnership, Strategic partnership, Company, Minority, NSR, OTCQX, GLOBE, TSX Venture Exchange, International investment agreement, Security (finance), Risk management, Renewable energy, Regulus

The first was the strategic partnership between Regulus and Osisko announced on October 1, 2020 (the Strategic Partnership).

Key Points: 
  • The first was the strategic partnership between Regulus and Osisko announced on October 1, 2020 (the Strategic Partnership).
  • The Investment allows Regulus to continue to advance exploration activities on the AntaKori project and maintain its social commitments.
  • John Black, Chief Executive Officer of Regulus, commented asfollows:
    The continued support of Osisko is a strong endorsement of the AntaKori project.
  • In accordance with the Investment Agreement entered into by Osisko and Regulus, consideration of US$5 million was paid to Regulus on closing.