XML 44 R14.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Acquisition of the San Antonio gold project | 12 Months Ended
--- | ---
Dec. 31, 2021
Disclosure Of Acquisition Under Business Combination [Abstract] |
Acquisition of the San Antonio gold project [Text Block] | 7. Acquisition of the San Antonio gold project In August 2020, Osisko acquired the San Antonio gold project in the state of Sonora in Mexico for US$42.0 million through the (indirect) acquisition of Sapuchi Minera S. de R.L. de C.V. An amount of US$30.0 million was paid in cash by Osisko and the remaining US$12.0 million was paid through the issuance of common shares of Osisko. A total of 1,011,374 Osisko common shares were issued and valued at $15.8 million, based on the closing price of the Company's common shares on the transaction date. Transaction costs amounted to $5.9 million. The San Antonio gold project was subsequently transferred to Osisko Development as part of the RTO transaction (Note 6). In accordance with IFRS 3 Business Combinations, the transaction has been recorded as an acquisition of assets as the acquired assets and assumed liabilities did not meet the definition of a business. The total purchase price of $68.1 million was allocated to the assets acquired and the liabilities assumed based on the relative fair value at the closing date of the transaction. All financial assets acquired and financial liabilities assumed were recorded at fair value. The purchase price was calculated as follows:
Consideration paid |  | $ |
Issuance of 1,011,374 common shares |  | 15,846 |
Cash consideration |  | 40,015 |
Value-added tax paid on acquisition of assets |  | 6,328 |
Osisko's transaction costs |  | 5,865 |
|  | 68,054 |
Net assets acquired | $ |  |
Inventories |  | 7,899 |
Inventories - non-current (1) |  | 16,129 |
Other non-current assets |  | 6,328 |
Mining interests and plant and equipment |  | 58,368 |
Accounts payable and accrued liabilities |  | (11,369 | )
Provision and other liabilities |  | (9,301 | )
|  | 68,054 |
(1) The inventory balance associated with the ore that was not expected to be processed within 12 months of the acquisition date was classified as non-current and was recorded in the other assets line item on the consolidated balance sheet.

X
- Definition The entire disclosure for business combinations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2021-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=3&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IFRS03_g59-63__IFRS03_g59-63_TI -URIDate 2021-03-24 + Details
Name: | ifrs-full_DisclosureOfBusinessCombinationsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | or_DisclosureOfAcquisitionUnderBusinessCombinationAbstract
Namespace Prefix: | or_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration