NYSE- and TSX-V-listed Osisko Gold Group plans to offer and sell $500-million worth of senior secured notes due 2031 to refinance its existing senior secured project loan facility with Appian Capital Advisory and advance the construction of the Cariboo gold project in British Columbia.
The notes will be fully and unconditionally guaranteed by Osisko's subsidiary Barkerville Gold Mines.
Osisko reached a final investment decision on the Cariboo project earlier this month and plans to start producing gold by early 2029.
