Value Microcaps Junior Miners

[Bobwins]

OBM.to Name change.

Guess there was a reason Osisko Gold Royalties was willing to invest so heavily in Oban. Osisko Gold Royalties owns 15.9% of Oban. Oban has C$74million in cash or more than a qtr of their market cap. Osisko Gold Royalties has over C$400 million in cash so should be able to find more opportunities to finance juniors and end up with good royalties.


Oban Mining Corporation Changes Name to Osisko Mining Inc.
TORONTO, ONTARIO--(Marketwired - June 14, 2016) - Oban Mining Corporation (TSX:OBM) ("Osisko" or the "Corporation") announces that it has changed its name to "Osisko Mining Inc." (the "Name Change"). The Corporation has adopted the name "Osisko Mining Inc.", and will formalize its re-branding initiatives in the near future, to reflect the evolution of the Corporation since the beginning of 2015 as a result of its consolidation activities in Ontario and Québec. The original Osisko Mining Corporation earned international recognition with the successes of its exploration and development team - a team that included several current members of the Corporation's board and senior management - crowned by the discovery, development and operation of the Canadian Malartic mine in the Abitibi region of north-western Québec, until the joint acquisition of Osisko Mining Corporation in June 2014 by Agnico Eagle Mines Limited and Yamana Gold Inc. The Corporation wishes to reintroduce the Osisko Mining name to the mining and investment communities to better reflect the Corporation's current management, board and technical teams that were responsible for much of the success of the original Osisko Mining Corporation, and the highly prospective mineral project portfolio in Québec and Ontario that management believes will allow the Corporation to continue the fulfilment both of the Corporation's potential and its commitments to all of its stakeholders. At the annual and special meeting of shareholders of the Corporation held on June 7, 2016, shareholders of the Corporation representing approximately 98.99% of the votes cast on the matter overwhelmingly approved the special resolution to change the name of the Corporation from "Oban Mining Corporation" to "Osisko Mining Inc.".

Subject to Toronto Stock Exchange ("TSX") approval, it is expected that the common shares of the Corporation will commence trading on the TSX under the Corporation's new name and new stock symbol "OSK" at the opening of business on or about June 21, 2016. It is also expected that, subject to TSX approval, the common share purchase warrants of the Corporation which trade on the TSX under the symbol "OBM.WT" will commence trading on the TSX under the new symbol "OSK.WT" at the opening of business on or about June 21, 2016.

About Osisko Mining Inc.

Osisko is a mineral exploration company focused on the acquisition, exploration, and development of precious metal resource properties in Canada. Osisko holds a 100% in the high-grade Windfall Lake gold deposit located between Val-d'Or and Chibougamau in Québec and holds a 100% undivided interest in a large area of claims in the surrounding Urban Barry area (82,400 hectares), a 100% interest in the Marban project located in the heart of Québec's prolific Abitibi gold mining district, and properties in the Larder Lake Mining Division in northeast Ontario, including the Jonpol and Garrcon deposits on the Garrison property, the Buffonta past producing mine and the Gold Pike mine property. The Corporation also holds interests and options in a number of additional properties in northern Ontario. Osisko is well financed with approximately $74 million in cash, cash equivalents and marketable securities.