Osisko Gold Royalties has received $118.5-million from Pretium Resources, which has repurchased the Brucejack gold and silver stream, allowing the precious metals royalty company to repay debt and to fund share repurchases.
The TSX- and NYSE-listed company said on Wednesday that it would repay about C$58-million under the revolving credit facility, leaving it with about C$30-million outstanding on the facility.