New Issue: Osisko Mining concludes C$75 million placement of convertible debenture

By Devika Patel

Knoxville, Tenn., July 7 - Osisko Mining Corp. said it settled a C$75 million private placement of a convertible debenture with Societe generale de financement du Quebec.

The five-year note has a 7.5% coupon. The conversion price is C$9.18 per share.

Osisko, based in Montreal, is a gold exploration and production company.

Issuer:	Osisko Mining Corp.
Issue:	Convertible debenture
Amount:	C$75 million
Maturity:	Dec. 15, 2014
Coupon:	7.5%
Price:	Par
Yield:	7.5%
Conversion price:	C$9.18
Warrants:	No
Investor:	Societe generale de financement du Quebec
Settlement date:	July 7
Stock symbol:	Toronto: OSK
Stock price:	C$6.62 at close July 6
Market capitalization:	C$1.68 billion

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