Osisko Gold Royalties Ltd. announced that the Lhtako Dene Nation and Barkerville Gold Mines Ltd., its wholly owned subsidiary and future 100% subsidiary of Osisko Development Corp., have entered into a life-of-project agreement to facilitate the development of the Cariboo Gold Project. The Project Agreement achieves common goal to provide Project-related opportunities and benefits for current and future generations of the LDN people and reflects ongoing commitment to continually strengthen and expand relationship. The Project Agreement has been realized through the culmination of committed and conscientious efforts of LDN, BGM and respective negotiating teams. It builds upon initial Engagement Protocol (2016) and subsequent Relationship Agreement (2016).

Specific terms of the Project Agreement remain confidential, however, it puts in place a framework for BGM and LDN to work together during all stages of the Project, including the terms under which the Project will be developed with the consent and support of the LDN.