Barkerville Gold Mines Ltd.

12:29 PM EST - Barkerville Gold Mines Ltd. : Announced it has entered into a definitive agreement with Osisko Gold Royalties, pursuant to which Osisko has agreed to acquire all of the issued and outstanding common shares of Barkerville that it does not currently own, by way of a plan of arrangement under the Business Corporations Act (British Columbia). Concurrent to the Arrangement, Osisko also announces the formation of the North Spirit Discovery Group, the next step in the evolution of Osisko’s accelerator business that Osisko pioneered over the last five years, with the goal of privatizing and surfacing value in resource development projects. Barkerville Gold Mines Ltd. shares V.BGM are trading up $0.05 at $0.51.