Filing Details
- Accession Number:
- 0000904454-17-000560
- Form Type:
- 13G Filing
- Publication Date:
- 2017-08-10 16:18:12
- Filed By:
- Orion Resource Partners (usa) Lp
- Company:
- Osisko Gold Royalties Ltd (NYSE:OR)
- Filing Date:
- 2017-08-10
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Orion Resource Partners (USA) | 0 | 30,906,594 | 0 | 30,906,594 | 19.7% |
Filing
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* |
| Osisko Gold Royalties Ltd |
| (Name of Issuer) |
| Common Stock |
| (Title of Class of Securities) |
| 68827L 10 1 |
| (CUSIP Number) |
| July 31, 2017 |
| Date of Event Which Requires Filing of this Statement |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 68827L 10 1
| 1 | Name of Reporting Person: Orion Resource Partners (USA) LP I.R.S. Identification No. of above Person (entities only) (voluntary) | ||
| 2 | Check the Appropriate Box if a Member of a Group (a) [ ] (b) [ ] | ||
| 3 | SEC USE ONLY | ||
| 4 | Citizenship or Place of Organization Delaware | ||
| NUMBER OF | 5 | SOLE VOTING POWER 0 | |
| SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER 30,906,594 | |
| EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER 0 | |
| WITH | 8 | SHARED DISPOSITIVE POWER 30,906,594 | |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED 30,906,594 | ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] | ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.7%* | ||
| 12 | TYPE OF REPORTING PERSON PN | ||
* Based on 156,964,269 shares of Common Stock outstanding as of July 31, 2017, as reported in Issuer's Report on Form 6-K filed with the Securities and Exchange Commission on August 1, 2017.
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CUSIP No. 68827L 10 1
| Item 4 | Ownership: (a) through (c): The information requested herein is incorporated by reference to the cover page to this Schedule 13G. Orion Resource Partners (USA) LP serves as investment advisor to each of (i) Orion Mine Finance (Master) Fund I LP, a Bermuda limited partnership, (ii) Orion Mine Finance (Master) Fund I-A LP, a Bermuda limited partnership, (iii) Orion Co-Investments I (Stream) LLC, a Delaware limited liability company, (iv) Orion Co-Investments II LP, a Bermuda limited partnership, (v) Orion Co-Investments IV LP, a Bermuda limited partnership, and (vi) Canada Limited Lynx Metals Limited, a Canadian company (together, the “Funds”). Each of the Funds holds a membership interest in Betelgeuse LLC, a Delaware limited liability company. The Common Stock reported herein is directly held by Betelgeuse LLC. The managers of Betelgeuse LLC are (i) Orion Mine Finance Management I Limited, a Bermuda company, and (ii) Orion Mine Finance Management IA Limited, a Bermuda company. Orion Resource Partners (USA) LP also serves as the sub-adviser to each such manager. Based on the relationships described herein, Betelgeuse LLC has voting and investment control over the Common Stock reported herein. |
| Item 5 | Ownership of Five Percent or Less of the Class: Not Applicable. |
| Item 6 | Ownership of More Than Five Percent on Behalf of Another Person: As described in Item 4, Betelgeuse LLC owns 100% of the Common Stock reported herein, representing 19.7% of the Issuer's Common Stock outstanding. Based on its ownership interest of 57.058% of Betelgeuse LLC, Orion Mine Finance (Master) Fund I LP owns 11.2% of the Issuer's Common Stock outstanding. Based on its ownership interest of 33.581% of Betelgeuse, LLC Orion Mine Finance (Master) Fund I-A LP owns 6.6% of the Issuer's Common Stock outstanding. |
| Item 7 | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable. |
| Item 8 | Identification and Classification of Members of the Group: Not Applicable. |
| Item 9 | Notice of Dissolution of Group: Not Applicable. |
| Item 10 | Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
CUSIP NO. 68827L 10 1
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: August 10, 2017
| ORION RESOURCE PARTNERS (USA) LP | |||
| | By: | /s/ Rick Gashler | |
| Name: Rick Gashler | |||
| Title: Chief Compliance Officer | |||
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