Osisko Gold Royalties Ltd (NYSE:OR) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET

Company Participants

Paul Martin - Interim CEO

Conference Call Participants

Ralph Profiti - Eight Capital

Adrian Day - Adrian Day Asset Management

Operator

Good morning, ladies and gentlemen, and welcome to the Osisko Gold Royalties Q3, 2023 Results Conference Call. [Operator Instructions] Please note, this call is being recorded today, November 9, 2023, at 10:00 a.m. Eastern Time.

Today on the call, we have Mr. Paul Martin, Interim Chief Executive Officer Mr. Frederic Ruel, Chief Financial Officer and Vice President, Finance and Mr. Iain Farmer, Vice President, Corporate Development. I would now like to turn the meeting over to your host for today's call, Mr. Paul Martin.

Paul Martin

Thank you, very much, operator, and good morning, everybody, and thanks for joining our call. This presentation is available on the website as well as through the webcast. And firstly, I'd like to address the organizational changes and then proceed to the quarterly results. Last night, Osisko announced that Mr. Sean Roosen has stepped down as Chair of the Board, continuing as a member of the Board. In conjunction, it was also announced that Mr. Norm MacDonald will be taking on the role of Chair.

In addition to the changes made at the Board level, Osisko's CEO Search Special Committee has concluded its search for a full-time President and CEO and as you have all seen, Jason Attew will be assuming the position once he completes the necessary transition from his current leadership role at Liberty Gold, but no later than January 2, 2024.

First of all, speaking on behalf of the Board and all of our employees is with a huge amount of gratitude that we acknowledge Sean today for his vision, drive and emotional capital that he has invested in the company for nearly a decade, including the spin-out creation of Osisko Gold Royalties back in 2014. And over this period of time, he has put everything he had into this company.

And Sean has exactly as he would self-describe himself, a multidirectional thinker he looks -- who looks to challenge the norms and is not comfortable sitting on his hands. From the creation of the Osisko Gold royalties with its 5% NSR royalty on the Canadian Malartic mine, arguably the sector's crown jewel precious metals royalty asset all the way to where we -- the company is today with 23, producing royalties and streams and over 180 assets. There are a few in this industry who have the conviction, the perspective and I would say, quite frankly, the guts to do what Sean has done and continues to do. And he should be applauded for all of these qualities.