Thursday, February 20, 2014

Osisko Shareholders Still Asked To Reject Goldcorp Take-over Bid

Osisko Mining continues to urge its shareholders to reject the unsolicited take-over bid from Goldcorp.

Chief Executive Officer Sean Roosen says that bid is preventing shareholders from getting a dividend on their investment.

Roosen says Osisko planned for a significant dividend policy, but claims that some of the money is now being spent on lawyers and bankers dealing with the legal challenge against Goldcorp.

A Quebec court is to hear matter March 3.