Renard Stream definition

Renard Stream means a 9.6% diamond stream on the Renard Diamond Mine.
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Renard Stream means a 9.6% diamond stream on the Renard Diamond Mine. “San Antonio Gold Project” means the mineral property located in Sonora, Mexico.
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Examples of Renard Stream in a sentence

  • Renard Stream (Stornoway Diamonds (Canada) Inc.)Osisko owns a 9.6% diamond stream on the Renard diamond mine operated by Stornoway Diamonds (Canada) Inc.

  • Previously, the Renard Stream provided for a sale of an undivided interest in 20% of all diamonds produced from the first 5 project kimberlites to be mined at Renard for the life of mine, and the first 30 million carats from the property overall, with the Buyers remitting to the Corporation, in cash, US$50 per carat escalating at 1% per annum, with the balance of purchase price payable by the Buyers, if any, being paid by way of offset against the up-front deposits.

  • Renard Stream (Stornoway Diamond Corporation) The Renard diamond mine is operated by Stornoway Diamond Corporation (“Stornoway”) and is Québec's first and Canada's sixth producing diamond mine.

  • Renard Stream (Stornoway Diamonds (Canada) Inc.)Osisko owns a 9.6% diamond stream on the Renard diamond mine operated by Stornoway and located approximately 350 kilometres north of Chibougamau in the James Bay region of north-central Québec.

  • Osisko acquired Barkerville in November 2019, which became a wholly-owned subsidiary (Note 7).Renard mine diamond stream (Stornoway Diamond Corporation)In October 2018, Osisko announced that it has entered into an amended and restated purchase and sale agreement (the "Amended Renard Streaming Agreement") with Stornoway in relation to the Renard stream ("Renard Stream Amendment").

  • Renard Stream (Stornoway Diamond Corporation)Osisko owns a 9.6% diamond stream on the Renard diamond mine operated by Stornoway and located approximately 350 kilometres north of Chibougamau in the James Bay region of north-central Québec.

  • Convertible senior unsecured debentures of $300 million are outstanding and convertible at the holder’s option into Osisko common shares at a conversion price of $22.89 per common share, representing a total of 13,106,160 common shares if all the debentures were converted.Subsequent Events to September 30, 2018 Renard stream On October 2, 2018, Osisko has entered into an amended and restated purchase and sale agreement with Stornoway in relation to the Renard Stream.

  • Subsequent eventsRenard stream On October 2, 2018, Osisko announced that it had entered into an amended and restated purchase and sale agreement (the “Amended Renard Streaming Agreement”) with Stornoway Diamond Corporation (“Stornoway”) in relation to the Renard Stream (the “Stream Amendment”).

  • The Bridge Financing Agreement also provides that the buyers under the Amended Renard Stream Agreement in proportion to their respective commitments, shall advance an amount equivalent to the Stream Net Proceeds payable under the Amended Renard Stream Agreement to the Corporation.

  • June 30,December 31, 20192018 Opening balance - -Additions12,681- 12,681- On June 10, 2019, the Corporation entered into the Bridge Financing Agreement (the “Bridge Financing Agreement”) with Diaquem and the buyers under the Amended Renard Stream Agreement (the “Bridge Lenders”).

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