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Sable Resources Investment Agreement

Royalty and terms: Strategic investment agreement whereby Osisko agreed to support Sable’s exploration activities over a four-year period as of August 2019 in exchange for a net smelter return (“NSR”) royalty of up to 2% covering all of Sable’s properties over the period.
Operator:  Sable Resources
Visit Sable Resources for more info
Primary Commodity: Precious Metals
Location: Over 440,000 hectares in northern Mexico
Over 58,000 hectares in the San Juan Province of Argentina
Status: Exploration
Source: Company disclosure and Osisko management estimates.