Osisko Metals

Osisko Metals (TSX:OM) has closed a non-brokered private placement to raise $25.5 million for Québec exploration.

Appian Capital Advisory entered into a joint venture with Osisko Metals to develop the Pine Point zinc-lead project in Northwest Territories, Canada. Appian purchased shares of Pine Point Mining Limited for C$8.3 million, subscribed for C$13.1 million in shares, converted a C$6.7 million loan, and bought C$5 million in Osisko shares.