Osisko Gold Royalties Ltd. said Feb. 6 that it acquired an approximately 12.48% stake in Algold Resources Ltd. on a partially diluted basis after subscribing to 14,285,714 units of Algold at a price of 14 Canadian cents each.
Each unit is comprised of 1 share and 1 share purchase warrant, exercisable to purchase 1 Algold share at 20 cents each for a period of 36 months.
