Osisko buys more shares in Virginia Mines

As TSX-listed Osisko Gold Royalties geared up to combine its business with TSX-listed Virginia Mines, the Montreal-headquartered gold-focused royalty and stream company acquired a further one-million shares in Virginia Mines. Osisko, which still had to complete the acquisition of 2.38-million shares in Virginia, would effectively hold more than 3.38-million shares, or 10.03% of the total issued and outstanding Virginia shares, after absorbing the additional shares at a price of C$13 apiece.