09:58 AM EST - Osisko Gold Royalties Ltd : Received approximately 18,800 attributable gold equivalent ounces 1(“GEOs”) in the fourth quarter of 2020, for a total of approximately 66,100 GEOs in 2020, exceeding the revised guidance of 63,500 – 65,500 GEOs. These figures exclude 1,750 GEOs earned from the Renard diamond stream in the fourth quarter of 2020 from diamonds sold from inventories by the operator. The net proceeds from the Renard diamond stream were reinvested through the bridge loan with the operator of the mine. Osisko recorded preliminary revenues of C$64.5 million during the fourth quarter. Preliminary cost of sales , excluding depletion was C$18.2 million resulting in a cash operating margin of approximately C$46.3 million. These figures include preliminary revenues from the Renard diamond stream of C$4.3 million, costs of sales, excluding depletion , of C$1.9 million resulting in an operating cash margin of C$2.4 million. Osisko Gold Royalties Ltd
shares T.OR are trading down $0.12 at $15.57.
