# Osisko Mining Announces C$60 Million "Bought Deal" Private Placement of Flow-Through Shares Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/osisko-mining-announces-c-60-million-bought-deal-private-placement-of-flow-throu--7f1d746f-9774-43b0-a3af-4942efcbd8f5 Original source: https://money.tmx.com/en/quote/OSK/news/5722208664079277/osisko-mining-announces-c-60-million-bought-deal-private-placement-of-flow-throu Publisher: tmx Original announcement: 2021-01-15T12:12:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Osisko Mining Inc. - Ticker: OSK - Exchange: TSX - Region: Québec - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Capital raise - Extracted: 2026-09-18 15:27:03 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Osisko Mining has entered into a C$60 million 'bought deal' private placement of flow-through shares to fund exploration in Québec. The company also provided a summary of its historical Windfall gold deposit mineral resource estimate from February 2020. Reasoning: The document announces a significant C$60M financing to fund exploration, while also restating historical resource data for the Windfall project. - Positive factor: C$60 million capital raise via bought deal - Positive factor: Flow-through shares to fund exploration in Québec - Positive factor: High-grade resource-stage gold project mentioned Facts used in scoring: 3 ## Classification and evidence **capital\_raise** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The announcement is primarily about a C$60 million private placement of flow-through shares. Evidence · text > Osisko Mining Announces C$60 Million "Bought Deal" Private Placement of Flow-Through Shares **resource\_update** Polarity: neutral Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document restates historical mineral resource figures for the Windfall gold deposit. Evidence · text > The mineral resource defined by Osisko, as disclosed in the news release dated February 19, 2020 **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: A current resource fact retains the disclosed cut-off grade **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The source explicitly discloses a revised resource estimate Evidence · text > updated mineral resource estimate ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/osisko-mining-announces-c-60-million-bought-deal-private-placement-of-flow-throu--7f1d746f-9774-43b0-a3af-4942efcbd8f5#fact-resource-facts-1) #### Identity - Region: canada\_qc - Reported Region: Québec - Ticker: OSK #### Resource scope - Estimate type: resource - Effective date: 2020-01-03T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:4777b824524a11bf5262 #### Resource Data - Category: indicated - Cutoff Grade: 3.5 - Cutoff Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-01-15T00:00:00.000Z Reasoning: Historical resource restatement; not new data. - Positive factor: High grade indicated resource Evidence · text > 4,127,000 tonnes at 9.1 g/t Au \(1,206,000 ounces\) in the indicated mineral resource category #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/osisko-mining-announces-c-60-million-bought-deal-private-placement-of-flow-throu--7f1d746f-9774-43b0-a3af-4942efcbd8f5#fact-resource-facts-2) #### Identity - Region: canada\_qc - Reported Region: Québec - Ticker: OSK #### Resource scope - Estimate type: resource - Effective date: 2020-01-03T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:c6692c041ed822c7bdd9 #### Resource Data - Category: inferred - Cutoff Grade: 3.5 - Cutoff Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2021-01-15T00:00:00.000Z Reasoning: Historical resource restatement; not new data. - Negative factor: Inferred category Evidence · text > 14,532,000 tonnes at 8.40 g/t Au \(3,938,000 ounces\) in the inferred mineral resource category #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.