skip to main content

Paul, Weiss is an acknowledged leader among U.S. law firms representing Canadian public and private companies and their underwriters. With almost 50 years of history in Canada and an office in Toronto, our vibrant Canada practice is the largest among U.S. law firms and reflects our long-standing commitment to our clients in their Canadian–U.S. cross-border matters.

Osisko to Acquire Orion Mine Finance Royalty Portfolio for Cdn$1.125 Billion

Paul, Weiss is representing Osisko Gold Royalties Ltd in its definitive agreement with Orion Mine Finance Group to acquire a high-quality precious metals portfolio for Cdn$1.125 billion. The portfolio is comprised of 74 royalties, streams and precious metal offtakes. Under the agreement, Osisko will pay Orion Cdn$675 million in cash and 30,906,594 Osisko common shares at a price of Cdn$14.56 per share, for an aggregate value of Cdn$450 million.

Osisko is a Montreal-based intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Orion is one of the world's leading mining-focused private equity businesses.

The Paul, Weiss team included corporate partner Adam Givertz; and antitrust counsel Marta Kelly.

June 5, 2017

© 2019 Paul, Weiss, Rifkind, Wharton & Garrison LLP

Privacy Policy