The Globe and Mail reports in its Saturday edition that Osisko Gold Royalties chief executive officer Sandeep Singh has been fired after clashing with the board of the mining and streaming royalty company he helped turn around. The Globe's Niall McGee writes that Montreal-based Osisko gave little explanation for his exit, other than saying that the independent directors concluded that change was necessary "to best position Osisko for continued long-term success." Its shares immediately lost 10 per cent of their value amid the uncertainty and a vacuum of information. Osisko was founded in 2014 by Sean Roosen, whose star has faded among shareholders. Mr. Singh, a long-time investment banker, was named CEO in 2020 and received 99.6-per-cent approval at the recent annual meeting. Under Mr. Singh's leadership, Osisko, which had previously underperformed its peers, started to outperform. Mr. Singh told The Globe that he was terminated after butting heads with the board. "There was a clash there. I mean they fired me, so clearly there's something there that wasn't working," he said. While Mr. Singh admits there were problems with the board, he strongly defended his record as CEO, and insisted he was not fired for cause.