Osisko Mining Inc. (TSX:OSK) entered into a binding letter of intent to acquire additional property package in the Lebel-Sur-Quévillon area of Québec from Maudore Minerals Ltd. (OTCPK:MAOM.F) for CAD 1.4 million on March 15, 2017. Under the terms of consideration, Osisko Mining will pay CAD 1 million in cash and will issue 0.1 million shares. The transaction is subject to the approval of Toronto Stock Exchange.