Osisko Metals Incorporated (TSXV:OM) entered into definitive agreement to acquire 45 claim units in New Brunswick of J.D. Irving, Limited for CAD 2 million on December 21, 2017. As per the terms of consideration, Osisko Metals will issue CAD 0.25 million equivalent common stock and will pay CAD 0.75 million in cash. In addition, CAD 0.5 million worth of Osisko Metals common share will be paid at 24 months following the signature of a definitive agreement and CAD 0.5 million will be paid in cash on commencement of commercial production. As of January 16, 2018, the consideration has been revised to CAD 1.5 million. Under the new terms, Osisko Metals will pay one time CAD 0.75 million in cash, will issue 0.3 million share in year 1 and will also issue CAD 0.5 million equivalent common stock. As of January 20, 2018, 0.3 million shares to be issued were modified to 0.32 million. The Transaction is subject to the TSX Venture Exchange approval. Osisko Metals Incorporated (TSXV:OM) completed the acquisition of 45 claim units in New Brunswick of J.D. Irving, Limited on January 23, 2018. Out of total consideration, CAD 0.5 million worth of common shares of Osisko Metals will be issued on December 21, 2019 and the 0.32 million common shares that have already been issued are subject to a statutory hold period which expires on May 23, 2018.