Osisko Announces the Vote Results from its Annual and Special Meeting of Shareholders

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MONTREAL, May 04, 2018 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (TSX:OR) (NYSE:OR) announces that, at the annual and special meeting of shareholders held on May 3, 2018, each of the 10 nominees listed in the management information circular filed on March 29, 2018 (the “Circular”) with regulatory authorities were elected as directors of the Corporation.

Based on the proxies received and the votes on a show of hands, the following individuals were elected as directors of the Corporation until the next annual shareholders’ meeting, with the following results:

Election of Directors

RESOLUTION No1
Name of Nominee
Votes cast
FOR
Percentage (%) of votes cast
FOR

WITHHELD
Percentage (%)
WITHHELD
Françoise Bertrand 124,293,169 99.44 694,519 0.56
John Burzynski 117,375,123 93.91 7,612,565 6.09
Pierre D. Chenard 124,621,716 99.71 365,972 0.29
Christopher C. Curfman 124,461,483 99.58 526,205 0.42
Joanne Ferstman 124,323,634 99.47 664,054 0.53
André Gaumond 124,035,155 99.24 952,533 0.76
Pierre Labbé 124,656,616 99.74 331,072 0.26
Oskar Lewnowski 124,031,269 99.23 956,419 0.77
Charles E. Page 124,444,166 99.57 543,522 0.43
Sean Roosen 123,542,449 98.84 1,445,239 1.16

Appointment and Remuneration of Auditors

Based on the proxies received and the votes on a show of hands, PricewaterhouseCoopers, LLP, Chartered Professional Accountants, was appointed as independent auditor of the Corporation for the ensuing year and the directors are authorized to fix their remuneration, with the following results:

RESOLUTION No2 Votes cast
FOR
Percentage (%) of votes cast
FOR

WITHHELD
Percentage (%)
WITHHELD
Appointment and Remuneration of Auditors 131,371,967 99.70 393,624 0.30

Approval of Amendments to the Employee Share Purchase Plan and Approval of all Unallocated Rights and Entitlements

Based on the proxies received and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve amendments to the Employee Share Purchase Plan and approve all unallocated rights and entitlements under the plan, the results are as follows:

RESOLUTION No3 Votes cast
FOR
Percentage (%) of votes cast
FOR
Votes cast
AGAINST
Percentage (%)
AGAINST
Ordinary Resolution to approve amendments to the Employee Share Purchase Plan and approve all unallocated rights and entitlements 124,652,212 99.73   335,474 0.27

Approval of Amendments to the Stock Option Plan

Based on the proxies received and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve amendments to the Stock Option Plan, reducing the number of common shares of the Corporation issuable under the Stock Option Plan to a rolling 5% of the issued and outstanding common shares of the Corporation, the results are as follows:

RESOLUTION No4 Votes cast
FOR
Percentage (%) of votes cast
FOR
Votes cast
AGAINST
Percentage (%)
AGAINST
Ordinary Resolution to approve amendments to the Stock Option Plan 123,518,644 98.82   1,469,144 1.18

Approval of the Amended Restricted Share Unit Plan

Based on the proxies received and the votes on a show of hands with respect to the adoption of an ordinary resolution to approve the amended Restricted Share Unit Plan and approve all unallocated rights and entitlements under the plan, the results are as follows:

RESOLUTION No5 Votes cast
FOR
Percentage (%) of votes cast
FOR
Votes cast
AGAINST
Percentage (%)
AGAINST
Ordinary Resolution to approve the amended Restricted Share Unit Plan and approve all unallocated rights and entitlements 122,060,542 97.66   2,927,143 2.34

Advisory Resolution on Executive Compensation

Based on the proxies received and the votes on a show of hands with respect to the adoption of an advisory resolution accepting the Corporation’s approach to executive compensation, the results are as follows:

RESOLUTION No6 Votes cast
FOR
Percentage (%) of votes cast
FOR
Votes cast
AGAINST
Percentage (%)
AGAINST
Advisory Resolution on Executive Compensation 123,967,898 99.18   1,019,788 0.82

About Osisko Gold Royalties Ltd

Osisko Gold Royalties Ltd is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko holds a North American focused portfolio of over 130 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by five cornerstone assets, including a 5% NSR royalty on the Canadian Malartic Mine, which is the largest gold mine in Canada. Osisko also owns a portfolio of publicly held resource companies, including a 15.5% interest in Osisko Mining Inc., a 12.7% interest in Falco Resources Ltd. and a 32.6% in Barkerville Gold Mines Ltd.

Osisko’s head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2.

For further information please contact:
 

Vincent Metcalfe
Vice President, Investor Relations
Tel. (514) 940-0670
vmetcalfe@osiskogr.com
 

Joseph de la Plante
Vice President, Corporate Development
Tel. (514) 940-0670
jdelaplante@osiskogr.com