<SEC-DOCUMENT>0001062993-20-001714.txt : 20200409
<SEC-HEADER>0001062993-20-001714.hdr.sgml : 20200409
<ACCEPTANCE-DATETIME>20200409102502
ACCESSION NUMBER:		0001062993-20-001714
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20200409
DATE AS OF CHANGE:		20200409

SUBJECT COMPANY:	

	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:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-89778
		FILM NUMBER:		20783470

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Investissement Quebec
		CENTRAL INDEX KEY:			0001758646
		IRS NUMBER:				981010117
		STATE OF INCORPORATION:			A8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		600 DE LA GAUCHETIERE STREET WEST
		STREET 2:		SUITE 1500
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H3B4L8
		BUSINESS PHONE:		15148734664

	MAIL ADDRESS:	
		STREET 1:		600 DE LA GAUCHETIERE STREET WEST
		STREET 2:		SUITE 1500
		CITY:			MONTREAL
		STATE:			A8
		ZIP:			H3B4L8
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>formsc13g.htm
<DESCRIPTION>SC 13G
<TEXT>
<html>

<head>
    <title>Osisko Gold Royalties Ltd.: Form SC 13G - Filed by newsfilecorp.com</title>
</head>

<body style="font-size:10pt; font-family:'Times New Roman';">
    <hr width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a>
    <p style="text-align: center;"><font style="font-size: 18pt;"><b>UNITED STATES</b></font><br><font style="font-size: 18pt;"><b>SECURITIES AND EXCHANGE COMMISSION</b></font><br><b>Washington, D.C. 20549</b></p>
    <p style="text-align: center;"><font style="font-size: 18pt;"><b>SCHEDULE 13G</b></font></p>
    <p style="text-align: center;">Under the Securities Exchange Act of 1934</p>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
                <p style="text-align: center;"><font style="font-size: 18pt;"><b>OSISKO GOLD ROYALTIES LTD</b></font></p>
            </td>
        </tr>
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="text-align: center;">(Name of Issuer)</p>
            </td>
        </tr>
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
                <p style="text-align: center;"><b>COMMON SHARES</b></p>
            </td>
        </tr>
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="text-align: center;">(Title of Class of Securities)</p>
            </td>
        </tr>
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
                <p style="text-align: center;"><b>68827L101</b></p>
            </td>
        </tr>
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="text-align: center;">(CUSIP Number)</p>
            </td>
        </tr>
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top; border-bottom: 0.75pt solid #000000;">
                <p style="text-align: center;"><b>April 1, 2020</b></p>
            </td>
        </tr>
        <tr>
            <td style="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; vertical-align: top;">
                <p style="text-align: center;">(Date of Event which Requires Filing of this Statement)</p>
            </td>
        </tr>
    </table>
    <p style="text-align: justify;">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</p>
    <p style="text-align: justify;"><font style="width: 36pt; display: inline-block;">&#160;</font>[_]&#160; Rule 13d-1(b)</p>
    <p style="text-align: justify;"><font style="width: 36pt; display: inline-block;">&#160;</font>[X]&#160; Rule 13d-1(c)</p>
    <p style="text-align: justify;"><font style="width: 36pt; display: inline-block;">&#160;</font>[_]&#160; Rule 13d-1(d)</p>
    <p style="text-align: justify;">*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.</p>
    <p style="text-align: justify;">The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the <i>Notes</i>).</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
    <p style="text-align: center;"><b>SCHEDULE 13G</b></p>
    <table style="border: 0.75pt solid #000000; border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 35%; padding-right: 5.4pt; padding-left: 5.03pt; vertical-align: top;">
                <p><b>CUSIP No.</b></p>
            </td>
            <td style="width: 64%; padding-right: 5.03pt; padding-left: 5.4pt; vertical-align: top;">
                <p><b>68827L101</b></p>
            </td>
        </tr>
    </table>
    <br>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>1</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Names of Reporting Persons</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p>Investissement Qu&#233;bec</p>
            </td>
        </tr>
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>2</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Check the appropriate box if a member of a Group (see instructions)</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p style="margin-left: 17.1pt;">(a)&#160; [ ]<br>(b)&#160; [ ]&#160; NOT APPLICABLE</p>
            </td>
        </tr>
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>3</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Sec Use Only</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p>&#160;</p>
            </td>
        </tr>
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>4</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Citizenship or Place of Organization</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p>Qu&#233;bec, Canada</p>
            </td>
        </tr>
        <tr>
            <td style="width: 17%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: middle; border: 0.75pt solid #000000;" colspan="2" rowspan="8">
                <p style="text-align: center;"><b>Number of Shares Beneficially Owned by Each Reporting Person With:</b></p>
                <p style="text-align: center;"><b>&#160;</b></p>
            </td>
            <td style="width: 2%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>5</b></p>
            </td>
            <td style="width: 77%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-indent: 10.8pt;"><b>Sole Voting Power</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 77%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;">
                <p style="text-indent: 10.8pt;">11,646,813</p>
            </td>
        </tr>
        <tr>
            <td style="width: 2%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>6</b></p>
            </td>
            <td style="width: 77%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p>Shared Voting Power</p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 77%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;">
                <p style="text-indent: 10.8pt;">0</p>
            </td>
        </tr>
        <tr>
            <td style="width: 2%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>7</b></p>
            </td>
            <td style="width: 77%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-indent: 10.8pt;"><b>Sole Dispositive Power</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 77%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;">
                <p style="text-indent: 10.8pt;">11,646,813</p>
            </td>
        </tr>
        <tr>
            <td style="width: 2%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>8</b></p>
            </td>
            <td style="width: 77%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;">
                <p style="text-indent: 10.8pt;"><b>Shared Dispositive Power</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 77%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;">
                <p style="text-indent: 10.8pt;">0</p>
            </td>
        </tr>
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>9</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Aggregate Amount Beneficially Owned by Each Reporting Person</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p>11,646,813</p>
            </td>
        </tr>
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>10</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p>[ ]</p>
            </td>
        </tr>
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>11</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Percent of class represented by amount in row (9)</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p>6.9%</p>
            </td>
        </tr>
        <tr>
            <td style="width: 3%; padding-right: 5.03pt; padding-left: 5.03pt; vertical-align: top; border: 0.75pt solid #000000;" rowspan="2">
                <p><b>12</b></p>
            </td>
            <td style="width: 96%; vertical-align: top; border-left: 0.75pt solid #000000; padding-right: 5.03pt; border-right: 0.75pt solid #000000; padding-left: 5.03pt; border-top: 0.75pt solid #000000;" colspan="3">
                <p><b>Type of Reporting Person (See Instructions)</b></p>
            </td>
        </tr>
        <tr>
            <td style="border-left: 0.75pt solid #000000; width: 96%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; padding-right: 5.03pt; padding-left: 5.03pt;" colspan="3">
                <p>CO</p>
            </td>
        </tr>
        <tr>
            <td style="width: 6%;">&#160;</td>
            <td style="width: 14%;">&#160;</td>
            <td style="width: 4%;">&#160;</td>
            <td style="width: 79%;">&#160;</td>
        </tr>
    </table>
    <br>
    <div id="footer_page_2">
        <p style="text-align: center;">Page 2 of 5</p>
    </div>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_3"></a>
    <p style="text-align: justify;"><b>Item 1.</b><font style="width: 21.01pt; display: inline-block;">&#160;</font></p>
    <p style="margin-left: 35.45pt; text-indent: -35.45pt; text-align: justify;"><b>(a)</b><font style="width: 22.62pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Name of Issuer: </b></p>
    <p style="margin-left: 35.45pt; text-align: justify;">OSISKO GOLD ROYALTIES LTD</p>
    <p style="margin-left: 35.45pt; text-indent: -35.45pt; text-align: justify;"><b>(b)</b><font style="width: 22.01pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Address of Issuer's Principal Executive Offices: </b></p>
    <p style="margin-left: 35.45pt; margin-bottom: 0pt; text-align: justify;">1100 Avenue des Canadiens-de-Montr&#233;al</p>
    <p style="margin-top: 0pt; margin-left: 35.45pt; margin-bottom: 0pt; text-align: justify;">Suite 300</p>
    <p style="margin-top: 0pt; margin-left: 35.45pt; text-align: justify;">Montr&#233;al, Qu&#233;bec, Canada, H3B 2S2</p>
    <p style="text-align: justify;"><b>Item 2.</b><font style="width: 21.01pt; display: inline-block;">&#160;</font></p>
    <p style="margin-left: 36pt; text-indent: -36pt; text-align: justify;"><b>(a)</b><font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Name of Person Filing: </b></p>
    <p style="margin-left: 36pt; text-align: justify;">Investissement Qu&#233;bec</p>
    <p style="margin-left: 36pt; text-indent: -36pt; text-align: justify;"><b>(b)</b><font style="width: 22.56pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Address of Principal Business Office or, if None, Residence:&#160; </b></p>
    <p style="margin-left: 36pt; margin-bottom: 0pt; text-align: justify;">600, De La Gaucheti&#232;re Street West</p>
    <p style="margin-top: 0pt; margin-left: 36pt; margin-bottom: 0pt; text-align: justify;">Suite 1500</p>
    <p style="margin-top: 0pt; margin-left: 36pt; text-align: justify;">Montr&#233;al, Qu&#233;bec, Canada, H3B 4L8</p>
    <p style="margin-left: 36pt; text-indent: -36pt; text-align: justify;"><b>(c)</b><font style="width: 23.79pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Citizenship:</b><font style="width: 15.16pt; text-indent: 0pt; display: inline-block;">&#160;</font></p>
    <p style="margin-left: 36pt; text-align: justify;">Qu&#233;bec, Canada</p>
    <p style="margin-left: 36pt; text-indent: -36pt; text-align: justify;"><b>(d)</b><font style="width: 22.56pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Title and Class of Securities:</b></p>
    <p style="margin-left: 36pt; text-align: justify;">Common shares, without nominal or par value, of the Issuer (the "<b>Common Shares</b>").</p>
    <p style="margin-left: 36pt; text-indent: -36pt; text-align: justify;"><b>(e)</b><font style="width: 23.79pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>CUSIP No.:</b></p>
    <p style="margin-left: 36pt; text-align: justify;">The CUSIP number of the Common Shares is 68827L101. <font style="width: 27.68pt; display: inline-block;">&#160;</font></p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><b>Item 3. </b><font style="width: 18.26pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>If this statement is filed pursuant to &#167;&#167; 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:</b></p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(a)<font style="width: 23.79pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>Broker or dealer registered under Section 15 of the Act;</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(b)<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>Bank as defined in Section 3(a)(6) of the Act;</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(c)<font style="width: 23.79pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>Insurance company as defined in Section 3(a)(19) of the Act;</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(d)<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>Investment company registered under Section 8 of the Investment Company Act of 1940;</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(e)<font style="width: 23.79pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(f)<font style="width: 25.01pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(g)<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);</p>
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    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(h)<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(i)<font style="width: 25.62pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(j)<font style="width: 25.62pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">(k)<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>[_]<font style="width: 23.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____</p>
    <p style="margin-left: 108pt; text-indent: -72pt; text-align: justify;">Not Applicable</p>
    <p style="text-align: justify;"><b>Item 4.</b><font style="width: 3.01pt; display: inline-block;">&#160;</font><b>Ownership</b></p>
    <p style="margin-left: 54pt; text-indent: -18pt; text-align: justify;">(a)<font style="width: 5.79pt; text-indent: 0pt; display: inline-block;">&#160;</font>Amount beneficially owned: 11,646,813.*</p>
    <p style="margin-left: 35.45pt; text-align: justify;">*The number of Common Shares beneficially owned by Investissement Qu&#233;bec is calculated as follows, in accordance with &#167;240.13d-3(d)(1):</p>
    <p style="margin-left: 70.9pt; text-indent: -18pt; text-align: justify;">(1)<font style="width: 5.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>Immediately prior to April 1, 2020, Investissement Qu&#233;bec had beneficial ownership of, and the sole power to vote or to direct the vote of and to dispose or to direct the disposition of (i) 600,000 Common Shares; (ii) 2,620,545 Common Shares issuable at any time until February 12, 2021 upon conversion of a CDN$50 million convertible debenture at a price of CDN$19.08 per Common Share; and (iii) 698,995 Common Shares issuable at any time until December 31, 2022 upon conversion of a CDN$16 million convertible debenture at a price of CDN$22.89 per Common Share;</p>
    <p style="margin-left: 70.9pt; text-indent: -18pt; text-align: justify;">(2)<font style="width: 5.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>On April 1, 2020, Investissement Qu&#233;bec subscribed for an additional 7,727,273 Common Shares; and</p>
    <p style="margin-left: 70.9pt; text-indent: -18pt; text-align: justify;">(3)<font style="width: 5.17pt; text-indent: 0pt; display: inline-block;">&#160;</font>Immediately following the subscription for Common Shares described in (2), Investissement Qu&#233;bec had beneficial ownership of, and the sole power to vote or to direct the vote of and to dispose or to direct the disposition of 11,646,813 Common Shares (including 3,319,540 Common Shares issuable upon exercise of convertible debentures, as described in (1)(ii) and (iii) above) representing approximately 6.9% of the 168,635,810 Common Shares issued and outstanding on April 1, 2020 (assuming the exercise of the convertible debentures described in (1)(ii) and (iii) above).</p>
    <p style="text-indent: 36pt; text-align: justify;">(b) Percent of class: 6.9%.*</p>
    <p style="text-indent: 36pt; text-align: justify;">(c) Number of shares as to which the person has:</p>
    <p style="text-indent: 36pt; text-align: justify;"><font style="width: 36pt; text-indent: 0pt; display: inline-block;">&#160;</font>(i) Sole power to vote or to direct the vote 11,646,813.*</p>
    <p style="margin-left: 36pt; text-indent: 36pt; text-align: justify;">(ii) Shared power to vote or to direct the vote 0.</p>
    <p style="margin-left: 36pt; text-indent: 36pt; text-align: justify;">(iii) Sole power to dispose or to direct the disposition of 11,646,813.*</p>
    <p style="margin-left: 36pt; text-indent: 36pt; text-align: justify;">(iv) Shared power to dispose or to direct the disposition of 0.</p>
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    <p style="text-align: justify;"><b>Item 5.</b><font style="width: 21.01pt; display: inline-block;">&#160;</font><b>Ownership of Five Percent or Less of a Class.</b></p>
    <p style="margin-left: 56.7pt; text-align: justify;">If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [&#160; &#160; ].</p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><b>Item 6.</b><font style="width: 21.01pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Ownership of more than Five Percent on Behalf of Another Person.</b></p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><font style="width: 52pt; text-indent: 0pt; display: inline-block;">&#160;</font>Not Applicable.</p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><b>Item 7.</b><font style="width: 21.01pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.</b></p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><font style="width: 52pt; text-indent: 0pt; display: inline-block;">&#160;</font>Not Applicable.</p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><b>Item 8.</b><font style="width: 21.01pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Identification and classification of members of the group.</b></p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><font style="width: 52pt; text-indent: 0pt; display: inline-block;">&#160;</font>Not Applicable.</p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><b>Item 9.</b><font style="width: 21.01pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Notice of Dissolution of Group.</b></p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><font style="width: 52pt; text-indent: 0pt; display: inline-block;">&#160;</font>Not Applicable.</p>
    <p style="margin-left: 54pt; text-indent: -54pt; text-align: justify;"><b>Item 10.</b><font style="width: 15.51pt; text-indent: 0pt; display: inline-block;">&#160;</font><b>Certifications.</b></p>
    <p style="text-align: justify;">By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &#167;240.14a-11.</p>
    <p style="text-align: justify;">By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to a pension investment manager subject to the <i>Public Sector Pension Investment Board Act</i>, an Act of the Parliament of Canada, and the regulations made thereunder, is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.</p>
    <p style="text-align: justify;">Dated:&#160; April 9, 2020.</p>
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                <p><b>INVESTISSEMENT QU&#201;BEC</b></p>
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            <td style="width: 100%; vertical-align: middle; border-bottom-style:none; border-bottom-width:medium">
                <p><br><br>&nbsp;</p>
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            <td style="border-style:none; border-width:medium; width: 100%; vertical-align: top">
                <p><u><i>(s) </i>Iya Tour&#233;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
                </u></p>
            </td>
        </tr>
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            <td style="border-style:none; border-width:medium; width: 18%; vertical-align: top">
                <p>Name: Iya Tour&#233;</p>
            </td>
        </tr>
        <tr>
            <td style="width: 18%; vertical-align: top; border-top-style:none; border-top-width:medium">
                <p>Title:&#160; Vice President, <br>
                Ressources Qu&#233;bec</p>
            </td>
        </tr>
    </table>
    <br>
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