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Osisko Metals Inc
Symbol OM
Shares Issued 115,409,495
Close 2018-08-17 C$ 0.59
Market Cap C$ 68,091,602
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Osisko Metals appoints Glavac CFO, Wares exec chairman

2018-08-20 15:46 ET - News Release

Mr. Jeff Hussey reports

OSISKO METALS ANNOUNCES CHANGES TO MANAGEMENT

Osisko Metals Inc. has made changes to its management team. Effective immediately, Robert Wares, currently chairman of the board of Osisko Metals, will be named executive chairman of the company. Mr. Wares is a professional geologist with over 35 years of experience in mineral exploration and development, and was one of the three original founders of Osisko Exploration/Osisko Mining Corp. Mr. Wares was a co-winner of the Prospectors and Developers Association of Canada's Prospector of the Year Award for 2007, and was named, together with John Burzynski and Sean Roosen, as Mining Men of the Year for 2009 by the Northern Miner. Mr. Wares is currently president and director of the Ordre des Geologues du Quebec, and sits on the board of directors of Titan Mining and Komet Resources Inc. Mr. Wares has a BSc and an honorary doctorate in earth sciences from McGill University.

Jeff Hussey, president of Osisko Metals, commented: "Bob has been instrumental in developing the vision of Osisko Metals. In my point of view he is the best mining project generator in both the gold and base metal space. This has led to the discovery of the Canadian Malartic (gold) and Taylor (zinc) mines. As we continue to move our flagship projects forward, Bob's regular involvement in exploration, resource base development as well as his extensive network in the financial markets, will undoubtedly move Osisko Metals to the next level."

Osisko Metals also welcomes aboard, effective immediately, Anthony Glavac, CPA, CA, as chief financial officer and Lili Mance as corporate secretary. Mr. Glavac has over 17 years of experience in financial reporting, including over 12 years in the mining industry. Since August, 2017, Mr. Glavac has served as vice-president, corporate controller, for Falco Resources Ltd. and previously served as director, financial reporting and internal controls, at Dynacor Gold Mines, and interim chief financial officer at Alderon Iron Ore Corp. Prior to joining Alderon, Mr. Glavac spent 10 years at KPMG, working with both public and private companies, providing audit, taxation, strategic advisory and public offering services. Mr. Glavac is also involved with other public companies in the mining industry.

Paul Dumas, executive vice-president, finance, comments: "We are very pleased to have Anthony join our team. His extensive experience in financial reporting, internal controls and involvement within the mining sector will be beneficial to the company as we position ourselves for continued growth. With operations at our Bathurst mining camp in N.B. and Pine Point project in the NWT, Mr. Glavac's managerial skills and financial knowledge will optimize efficiencies.

Ms. Mance is currently vice-president and corporate secretary of Osisko Mining and has 30 years of experience in the financial, wealth management and resource industries serving in a legal, compliance and corporate secretarial capacity. Ms. Mance spent 18 years with the Dundee group of companies in various legal and compliance roles, most recently as vice-president and corporate secretary of Dundee Corp. and its various public and private subsidiaries. Before joining Dundee, Ms. Mance spent over 10 years as a corporate, securities and tax clerk with two top tier Toronto law firms. Ms. Mance is a member of the Institute of Corporate Directors and has been a member of the Governance Professionals of Canada since 2004.

About Osisko Metals Inc.

Osisko Metals is a Canadian exploration and development company creating value in the base metal space with a focus on zinc mineral assets. The company controls Canada's two premier zinc mining camps in Canada, namely the Pine Point camp, located in the Northwest Territories (22,000 hectares), and the Bathurst mining camp, located in northern New Brunswick (63,000 hectares).

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