OR Royalties Inc 6-K, filed Jun 24, 2020
OR Royalties Inc. (OR)
About this 6-K
OR Royalties Inc filed this 6-K on June 24, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2020
Commission File Number: 001-37814
Osisko Gold Royalties Ltd
(Translation of registrant's name into English)
1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Qc H3B 2S2
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ ] Form 40-F [ X ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
SUBMITTED HEREWITH
Exhibits
99.1 Press Release dated June 24, 2020
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Osisko Gold Royalties Ltd | ||
| (Registrant) | ||
| Date: June 24, 2020 | By: | /s/ Sandeep Singh |
| Sandeep Singh | ||
| Title: | President | |
EXHIBIT 99.1
Osisko Announces the Vote Results from Its Annual Meeting of Shareholders
MONTRÉAL, June 24, 2020 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) announces that, at the annual meeting of shareholders held on June 22, 2020, each of the 9 nominees listed in the management information circular filed on May 20, 2020 (the “Circular”) with regulatory authorities were elected as directors of the Corporation.
Election of Directors
Based on the proxies received and the votes by ballot, the following individuals were elected as directors of the Corporation until the next annual shareholders’ meeting, with the following results:
| RESOLUTION No1 Name of Nominee | Votes cast FOR | Percentage (%) of votes cast FOR | Votes WITHHELD | Percentage (%) WITHHELD |
| Honorable John R. Baird | 119,475,799 | 99.65 | 425,058 | 0.35 |
| Françoise Bertrand | 119,462,309 | 99.63 | 438,548 | 0.37 |
| John Burzynski | 98,081,698 | 81.80 | 21,819,159 | 18.20 |
| Christopher C. Curfman | 119,541,059 | 99.70 | 359,798 | 0.30 |
| Joanne Ferstman | 118,540,387 | 98.87 | 1,360,470 | 1.13 |
| W. Murray John | 119,546,602 | 99.70 | 354,255 | 0.30 |
| Pierre Labbé | 119,320,100 | 99.52 | 580,757 | 0.48 |
| Charles E. Page | 119,593,070 | 99.74 | 307,787 | 0.26 |
| Sean Roosen | 116,192,479 | 96.91 | 3,708,378 | 3.09 |
Appointment and Remuneration of Auditor
Based on the proxies received and the votes by ballot, PricewaterhouseCoopers, LLP, Chartered Professional Accountants, was appointed as independent auditor of the Corporation for the ensuing year and the directors are authorized to fix its remuneration, with the following results:
| RESOLUTION No2 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes WITHHELD | Percentage (%) WITHHELD |
| Appointment and Remuneration of Auditor | 132,037,460 | 99.38 | 825,905 | 0.62 |
Approval of the Unallocated Options and Amendments to the Stock Option Plan
Based on the proxies received and the votes by ballot with respect to the adoption of an ordinary resolution to approve the unallocated options and amendments to the Stock Option 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 the unallocated options and amendments to the Stock Option Plan | 116,705,710 | 97.34 | 3,195,145 | 2.66 |
Approval of Amendments to the Employee Share Purchase Plan
Based on the proxies received and the votes by ballot with respect to the adoption of an ordinary resolution to approve the amendments to the Employee Share Purchase Plan, the results are as follows:
| RESOLUTION No4 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes cast AGAINST | Percentage (%) AGAINST |
| Ordinary Resolution to approve the amendments to the Employee Share Purchase Plan | 119,095,058 | 99.33 | 805,798 | 0.67 |
Approval of Amendments to the Restricted Share Unit Plan
Based on the proxies received and the votes by ballot with respect to the adoption of an ordinary resolution to approve the amendments to the Restricted Share Unit 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 amendments to the Restricted Share Unit Plan | 116,069,856 | 96.80 | 3,830,999 | 3.20 |
Approval of the Continuation of the Amended and Restated Shareholder Rights Plan
Based on the proxies received and the votes by ballot with respect to the adoption of an ordinary resolution to approve the continuation of the Amended and Restated Shareholder Rights Plan, the results are as follows:
| RESOLUTION No6 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes cast AGAINST | Percentage (%) AGAINST |
| Ordinary Resolution to approve the continuation of the Amended and Restated Shareholder Rights Plan | 117,285,888 | 97.82 | 2,614,967 | 2.18 |
Advisory Resolution on Executive Compensation
Based on the proxies received and the votes by ballot with respect to the adoption of an advisory resolution accepting the Corporation’s approach to executive compensation, the results are as follows:
| RESOLUTION No7 | Votes cast FOR | Percentage (%) of votes cast FOR | Votes cast AGAINST | Percentage (%) AGAINST |
| Advisory Resolution on Executive Compensation | 115,920,896 | 96.68 | 3,979,828 | 3.32 |
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 135 royalties, streams and precious metal offtakes. Osisko’s portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada. Osisko also owns the Cariboo gold project in Canada as well as a portfolio of publicly held resource companies, including a 14.7% interest in Osisko Mining Inc., 17.9% interest in Osisko Metals Incorporated and an 18.3% interest in Falco Resources 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 Osisko Gold Royalties Ltd: | |
| Sandeep Singh President Tel. (514) 940-0670 ssingh@osiskogr.com | |