OSISKO MINING INC.
In August 2013, Southern Arc acquired a 26% interest in Eagle Hill Exploration, which owned the high-grade Windfall Lake Gold Project in Quebec, Canada. With gold grades averaging 8.42 g/t gold in the indicated category, Windfall Lake is one of Canada's highest-grade resource-stage gold projects, located in one of the world's best mining jurisdictions.
In August 2015, Eagle Hill was acquired by Osisko Mining (formerly Oban Mining) as part of a four-way merger with Ryan Gold and Corona Gold. Osisko offered Eagle Hill shareholders 10 Osisko shares and 5 warrants for each Eagle Hill share, representing a 258% premium to market. Southern Arc now holds a substantial interest in Osisko Mining, with both shares and warrants.
Osisko Mining has created a well-financed mining company with a diverse portfolio of properties focused in Canada's Abitibi Gold Belt. More information is available at www.osiskomining.com.