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Stock impact report

Osisko Announces Conversion of Northern Star Debenture; Reminds Shareholders to Vote for the Plan of Arrangement With Gold Fields [Financial Post (Toronto, Ontario, Canada)]

Gold Fields Limited American Depositary Shares (GFI) 
US:NYSE Investor Relations: goldfields.com/investors.php
Company Research Source: Financial Post
TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) — Osisko Mining Inc. (“ Osisko “) (TSX:OSK) announces that Northern Star Resources Limited (“ Northern Star “) has elected to convert its $154 million of convertible senior unsecured debenture due December 1, 2025 (the “ Debentures “) for 38,500,000 common shares of Osisko (the “ Shares “) at a price of $4.00 per Share. Northern Star has elected to convert the Debenture for Shares to participate in the Arrangement (as defined herein) as a shareholder of Osisko. The Arrangement was previously announced on August 12, 2024, pursuant to which, among other things, Gold Fields Holdings Company Limited, through a 100% owned Canadian subsidiary, Gold Fields Windfall Holdings Inc. (“ Gold Fields “), agreed to acquire all of the issued and outstanding Shares of Osisko (the “ Arrangement “). The Shares issued to Northern Star upon the conversion of the Debentures were issued subsequent to the record date for the Special Meeting (as defined herein) a Show less Read more
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