OR Royalties Inc.

# OR Royalties Inc.

Headquartered in Montreal, OR Royalties Inc. operates as a royalty and streaming company focused on precious metals assets. The company acquires and manages net smelter return royalties, streams, and other contractual interests in mining projects across Canada and internationally. Its business model involves receiving payments based on production volumes or commodity prices from underlying mining operations, rather than directly operating mines. The company also holds options on offtake agreements and maintains exclusive rights to participate in future royalty and stream financing opportunities on select projects.

The firm's asset portfolio is anchored by a 3–5% net smelter return royalty on the Canadian Malartic gold complex in Quebec, which represents a primary revenue driver. Beyond royalty interests, the company engages in exploration, evaluation, and development activities on mining properties with exposure to gold, silver, copper, diamonds, and other precious metals. This dual approach combines recurring cash flows from established mining operations with upside potential from property development stages.

The company was incorporated in Quebec and operates internationally, though specific financial metrics including employee count and detailed revenue breakdowns by segment are not disclosed in available data. OR Royalties Inc. was formerly known as Osisko Gold Royalties Ltd. prior to its May 2025 rebranding.