Osisko Gold Group closed a $30 million equity investment with Urion Investments, an affiliate of Trafigura Canada, issuing 9.55 million shares at $3.14 each, a 10% premium. The funds will support the development of Osisko's Cariboo Gold Project in British Columbia. Urion also agreed to a voting support agreement, aligning with Osisko's management on key decisions. Negotiations for a potential $120 million prepayment facility are ongoing, aiming to further finance the project. This investment strengthens Osisko's position as it advances toward becoming an intermediate gold producer.
Osisko Gold Group's recent $30 million equity investment deal is noted here alongside Pluang's Basic Materials sector data. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 09, 2026 22:11 WIB: out of 62 priced US stocks, 45 rose and 17 fell. Notable movers include ArcelorMittal SA (MT) at USD 64.21 with a 4.75% increase and a typical hold time of 36 days, Cleveland-Cliffs Inc. (CLF) at USD 12.77 up 4.72% with 100% buy order activity, and Gerdau S.A. (GGB) at USD 5.11 rising 3.86% with 100% buy order activity.
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