<SEC-DOCUMENT>0001062993-17-004478.txt : 20171016
<SEC-HEADER>0001062993-17-004478.hdr.sgml : 20171016
<ACCEPTANCE-DATETIME>20171016164441
ACCESSION NUMBER:		0001062993-17-004478
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20171016
FILED AS OF DATE:		20171016
DATE AS OF CHANGE:		20171016

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Osisko Gold Royalties LTD
		CENTRAL INDEX KEY:			0001627272
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37814
		FILM NUMBER:		171139128

	BUSINESS ADDRESS:	
		STREET 1:		1100 AVENUE DES CANADIENS-DE-MONTREAL
		STREET 2:		SUITE 300
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H3B 2S2
		BUSINESS PHONE:		514-940-0670

	MAIL ADDRESS:	
		STREET 1:		1100 AVENUE DES CANADIENS-DE-MONTREAL
		STREET 2:		SUITE 300
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H3B 2S2
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>form6k.htm
<DESCRIPTION>FORM 6-K
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   <TITLE>Osisko Gold Royalties Ltd. - Form 6-K - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES </FONT></B><BR><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION </FONT></B><BR>Washington, D.C. 20549
</P>
<P align=center><B><FONT size=5>FORM 6-K </FONT></B></P>
<P align=center><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16</B><BR><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934 </B><BR></P>
<P align=center>For the month of <B><U>October 2017 </U></B></P>
<P align=center>Commission File Number:<U> </U><B><U>001-37814 </U></B></P>
<P align=center><B><U><FONT size=5>OSISKO GOLD ROYALTIES
LTD</FONT></U></B><BR>(Translation of registrant's name into English) </P>
<P align=center><B><U>1100 Avenue des Canadiens-de-Montr&#233;al, Suite 300,
Montr&#233;al, Qc H3B 2S2 </U></B><BR>(Address of principal executive offices)
<BR></P>
<P align=center>Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F. </P>
<P align=center>[&nbsp;&nbsp; ] Form 20-F&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [X]
Form 40-F </P>
<P align=center>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): [&nbsp;&nbsp; ] </P>
<P align=center>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): [&nbsp;&nbsp;&nbsp;]
</P>
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<P align=center><B>OSISKO ANNOUNCES C$260 MILLION BOUGHT DEAL OF
</B><BR><B>CONVERTIBLE SENIOR UNSECURED DEBENTURES </B><BR><B><I>PSP Investments
to invest C$100 Million</I></B><BR></P>
<P align=justify><B>(Montr&#233;al, October 16, 2017) </B>Osisko Gold Royalties Ltd
(the &#147;<B>Company</B>&#148; or &#147;<B>Osisko</B>&#148;) (OR: TSX &amp; NYSE) is pleased to
announce that it has entered into an agreement with a syndicate of underwriters
(the &#147;<B>Underwriters</B>&#148;) pursuant to which the Underwriters have agreed to
purchase, on a bought deal basis, convertible senior unsecured debentures (the
&#147;<B>Debentures</B>&#148;) of Osisko in an aggregate principal amount of C$260 million
(the &#147;<B>Offering</B>&#148;). The Offering will be comprised of C$160 million public
offering of Debentures (the &#147;<B>Public</B> <B>Offering</B>&#148;) and a C$100 million
private placement of Debentures (the &#147;<B>Private</B> <B>Offering</B>&#148;).</P>
<P align=justify>In connection with the Offering, PSP Investments has committed
to purchase C$100 million of Debentures through the Private Offering on the same
terms and conditions as the Public Offering. The Underwriters have been granted
an option, exercisable in whole or in part at any time up to 48 hours prior to
the closing of the Private Offering, to increase the size of the Private
Offering by up to an additional C$40 million.</P>
<P align=justify>The Debentures will bear interest at a rate of 4.00% per annum,
payable semi-annually on June 30 and December 31 each year, commencing on June
30, 2018. The Debentures will be convertible at the holder's option into Osisko
common shares at a conversion price of C$22.89 per share (representing a
conversion premium of approximately 40% to the reference price of C$16.35 and a
conversion rate of  43.6872 Osisko shares per C$1,000 principal amount of
debentures). The Debentures will mature on December 31, 2022 and may be redeemed
by Osisko, in certain circumstances, on or after December 31, 2020. </P>
<P align=justify>The net proceeds from the Offering will be used to fund the
acquisition of precious metal royalties and streams, working capital, and
general corporate purposes. </P>
<P align=justify>A preliminary short form prospectus qualifying the distribution
of the Debentures offered through the Public Offering will be filed with
securities regulatory authorities in all of the provinces of Canada. The
Offering is subject to customary regulatory and stock exchange approvals, with
closing expected to occur on or about November 3, 2017. </P>
<P align=justify>The securities to be offered have not been and will not be
registered under the U.S. Securities Act of 1933 and may not be offered or sold
in the United States absent registration or an applicable exemption from the
registration requirements of such Act. This news release shall not constitute an
offer to sell or the solicitation of an offer to buy securities in any
jurisdiction. </P>
<P align=justify><B><I>Forward</I></B><I>-</I><B><I>looking Statements</I></B>
<BR><I>Certain statements contained in this press release may be deemed
&#147;forward</I><I>-</I><I>looking statements&#148; within the meaning of applicable
Canadian and U.S. securities laws. These forward</I><I>-</I><I>looking
statements, by their nature, require Osisko to make certain assumptions and
necessarily involve known and unknown risks and uncertainties that could cause
actual results to differ materially from those expressed or implied in these
forward</I><I>-</I><I>looking statements. Forward</I><I>-</I><I>looking
statements are not guarantees of performance. These
forward</I><I>-</I><I>looking statements, may involve, but are not limited to,
comments with respect to the directors and officers of Osisko. Words such as
"may", "will", "would", "could", "expect", "believe", "plan", "anticipate",
"intend", "estimate", "continue", or the negative or comparable terminology, as
well as terms usually used in the future and the conditional, are intended to
identify forward-looking statements. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including
management's perceptions of historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. Osisko considers its assumptions to be reasonable based on
information currently available, but cautions the reader that their assumptions regarding future events, many of which are beyond the control of Osisko, may ultimately prove to be incorrect since they are subject to risks and uncertainties that
affect Osisko and its business.</I> </P>
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<P align="justify">
<I>For additional information with respect to these and other factors and assumptions underlying the forward</I><I>-</I><I>looking statements made in this press release, see the section entitled &ldquo;Risk Factors&rdquo; in the most recent Annual
Information Form of Osisko which is filed with the Canadian securities commissions and available electronically under Osisko&rsquo;s issuer profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission and available
electronically under Osisko&rsquo;s issuer profile on EDGAR at www.sec.gov. The forward</I><I>-</I><I> looking information set forth herein reflects Osisko&rsquo;s expectations as at the date of this press release and is subject to change after such
date. Osisko disclaims any intention or obligation to update or revise any forward</I><I>-</I><I>looking statements, whether as a result of new information, future events or otherwise, other than as required by law.</I> </P>

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    <P align=center><B><U>SIGNATURES</U></B> </P>
    <P align=justify>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. </P>
    <TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>
      <TR vAlign=top>
        <TD align=left>&nbsp;</TD>
        <TD align=left width="50%"><B>OSISKO GOLD ROYALTIES LTD</B> </TD>
      </TR>
      <TR vAlign=top>
        <TD align=left>&nbsp;</TD>
        <TD align=left width="50%">(Registrant) </TD>
      </TR>
    </TABLE>
    <BR>
    <TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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      <TR vAlign=top>
        <TD align=left>Date: October 16, 2017 </TD>
        <TD align=left width="5%">By: </TD>
        <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="45%">/s/
          Joseph de la Plante </TD>
      </TR>
      <TR vAlign=top>
        <TD align=left>&nbsp;</TD>
        <TD align=left width="5%">&nbsp;</TD>
        <TD align=left width="45%">Joseph de la Plante </TD>
      </TR>
      <TR vAlign=top>
        <TD align=left>&nbsp;</TD>
        <TD align=left width="5%">Title: </TD>
        <TD align=left width="45%">Vice-President, Corporate Development </TD>
      </TR>
      <TR vAlign=top>
        <TD align=left>&nbsp;</TD>
        <TD align=left width="5%">&nbsp;</TD>
        <TD align=left width="45%">&nbsp;</TD>
      </TR>
</TABLE>
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