Osisko Metals Acquires Additional Claims Near Gaspé Copper
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Osisko Metals has acquired 199 claims near its Gaspé Copper Project, issuing 5 million shares and granting a 2% net smelter return royalty as part of the deal.

December 06, 2024 | 9:45 pm
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Osisko Metals has acquired 199 claims near its Gaspé Copper Project, issuing 5 million shares and granting a 2% net smelter return royalty as part of the deal.
The acquisition of additional claims near the Gaspé Copper Project is a strategic expansion for Osisko Metals, potentially increasing its resource base and future production capacity. The issuance of 5 million shares may dilute existing shareholders, but the long-term growth potential from the expanded project area could outweigh this effect. The market may react positively to the growth prospects.
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