Osiko Metals - ZINC

About Us

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 (“PPMC”) located in the Northwest Territories (22,000 ha) and the Bathurst Mining Camp (“BMC”), located in northern New Brunswick (63,000 ha). The Company is currently drilling in both mining camps for a combined 100,000 metre program. The focus of these programs is to upgrade historical resources to comply with NI43-101 regulations and also on exploration around historical deposits. Brownfield exploration includes new innovative 3D compilation techniques, updated geological interpretation, and modern geophysics. In Québec, the Company owns 42,000 hectares that cover 12 grass-root zinc targets that will be selectively advanced through exploration. In parallel, Osisko Metals is monitoring several base metal-oriented peers for opportunities.

Vision & Strategy

Osisko Metal’s vision is to become a leading base metals mining company in Canada. The Company is seizing an opportunity created by both the increase in global infrastructure projects and the diminishing zinc supply to the market. The strategy is to develop multiple base metal deposits with historical resources that are located within trucking distance to a central concentrator facility, supporting a long-term operation. The Company’s strategy is to:

  1. Further consolidate and validate historical deposits in the Bathurst Mining Camp and convert them to NI 43-101 compliant Mineral Resource Estimates;
  2. Develop its best Québec GenEx targets; and
  3. Selectively pursue strategic opportunities in the base metal sector

Board of directors and management

Management

Jeff Hussey | President & CEO

Mr. Hussey, PGeo. has 32 years of professional experience in the mining industry. He has worked in both open pit and underground mine operations at various stages of mine life, from start-up to mine closure, and more recently, working in mineral exploration and development projects. He spent nineteen years with Noranda/Falconbridge. His mine operation experience includes work at the Brunswick No. 12 mine, Gaspé Copper mines, the Antamina mine start-up in Peru, as well as the Raglan mine in Northern Quebec. As Senior Scientist with the Mining Technology Group at the Noranda Technology Center in 2002, he enhanced his network into the metallurgical research and mining innovation fields. As a consultant since 2007, Jeff Hussey and Associates Inc. has helped junior mine development companies by offering exploration, mining and geo-metallurgical support services. These include Champion Iron Mines, Focus Graphite, Puma Exploration and Starcore International in Mexico.

While at Champion Iron Mines, he participated in building significant high quality iron ore resources, completing feasibility studies and participating in raising more than $70 million for corporate development. While working with Focus Graphite, development responsibilities included a feasibility study and associated work with community stakeholders and governments. Mr. Hussey has a Bachelor of Science in Geology from the University of New Brunswick.

Paul A. Dumas | Executive Vice President, Finance

Mr. Dumas has over 35 years of Corporate Finance and Investment Banking experience. From 2004 until its recent name change and successful reorganization to Osisko Metals Incorporated, Mr. Dumas was President and Chief Executive Officer of Bowmore Exploration Ltd. Prior to that, he was owner and President of Dumas Asset Management, a private corporation providing financial advisory and consulting services since 1996. Formerly, he was an Investment Advisor at RBC Dominion Securities Inc, as well as an accountant for Price Waterhouse Coopers LLP. Mr. Dumas has served as Director and held Executive positions for numerous public companies in the mining industry as well as the technology sector. Mr. Dumas holds a Bachelor’s degree in Commerce with an Accounting major.

Anthony Glavac | Chief Financial Officer

Mr. Anthony 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.

Lili Mance | Corporate Secretary

Lili Mance is currently Vice President and Corporate Secretary of Osisko Mining and has 30 years’ experience in the financial, wealth management and resource industries serving in a legal, compliance and corporate secretarial capacity. Lili 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 Corporation and its various public and private subsidiaries. Before joining Dundee, Lili spent over 10 years as a corporate, securities and tax clerk with two top tier Toronto law firms. Lili is a member of the Institute of Corporate Directors and has been a member of the Governance Professionals of Canada since 2004.

Robin Adair | Vice President Exploration

Mr. Adair is a Professional Geologist with over thirty-three years of experience in base metals exploration and development including project acquisition, exploration and discoveries, development and production. Mr. Adair spent the majority of his career working for Noranda/Falconbridge, holding several senior positions including Senior Manager, Zinc Exploration. During this time, he spent 11 years in the Bathurst camp where he is credited with a number of significant discoveries leading to production. In later years, Mr. Adair worked in base metal exploration throughout Quebec and Canada as well as internationally. He was also a key member of the team that discovered and developed the Bracemac-McLead mine in the Matagami camp in Quebec. His technical experience encompasses resource estimation, predictive metallurgical studies, environmental impact assessments, NI 43-101 reporting, negotiation of joint-venture agreements, corporate development and community relations. Mr. Adair received his B.Sc. and M.Sc. in Geology from the University of Alberta and is a Registered Professional Geologist and Qualified Person. He is currently an Honorary Research Associate at the University of New Brunswick and works with the mineral deposits group.

Gary Woods | Senior Exploration Manager, Bathurst Project

Mr. Woods has close to 40 years of professional experience in mineral exploration with a specialization in volcanogenic massive sulphide and porphyry/skarn base metal deposits. In 1982, Mr. Woods joined BP Minerals where he was first introduced to the Bathurst Mining Camp, and where he played a key role in the discovery of the Daniels Pond Zn-Pb deposit and other massive sulphide deposits in central Newfoundland. He later joined Noranda Exploration where he progressed to Exploration Manager for Eastern Canada and was involved in exploring for porphyry/skarn copper and volcanogenic massive sulphide deposits in both New Brunswick and Newfoundland. Mr. Woods was involved in the Mt. Fronsac North and the Halfmile Deep discoveries in the Bathurst Mining Camp. He then became Exploration Manager for Noranda in Mexico, focusing on porphyry copper exploration. Most recently he was Exploration Manager for Starcore International Mines Ltd, managing mineral exploration for an underground gold/silver mining operation in central Mexico. Mr Woods holds a B.Sc. in Geology from Western University in Ontario and is a Registered Professional Geologist and Qualified Person.

Killian Charles | Vice President, Corporate Development

Mr. Charles was previously Manager of Corporate Development at Integra Gold Corp, an advanced stage gold development company, up until its acquisition by Eldorado Gold in July of 2017.

Prior to that, he worked as a mining analyst at Industrial Alliance Securities and Laurentian Bank Securities, covering small and mid-cap exploration and production companies. Mr. Charles holds a Bachelor of Science, with a Major in Earth and Planetary Sciences from McGill University.

Christina Lalli | Director, Investor Relations

Ms. Lalli has fifteen years of professional experience as both in-house and external consultant in Investor Relations, working primarily in the natural resource sector for both mineral exploration and production focused companies. Most recently, Ms. Lalli was Advisor, Investor Relations at Valener Inc, a public entity of Gaz Métro, a diversified public utility company based in Quebec. Prior to that, she was part of the Corporate Communications and Investor Relations team at Osisko Mining Corporation (2003) as well as Manager of Investor Relations for Bowmore Exploration (now Osisko Metals). She is a long-time member of the Canadian Investor Relations Institute (CIRI) and holds the Certified Professional in Investor Relations designation, awarded by Ivey School of Business, Western University.

Board of directors

Robert Wares | Executive Chairman of the Board

Mr. Wares is a professional geologist with over 35 years of experience in mineral exploration and development. He was responsible for the discovery of the Canadian Malartic bulk tonnage gold mine, which was subsequently developed by Osisko Mining Inc. into one of Canada's largest gold producers. Among other awards, 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 also the President and Director of the Ordre des Géologues du Québec, and sits on the Board of Directors of Titan Mining Inc. and Komet Resources Inc. Mr. Wares has a Bachelor of Science and an Honorary Doctorate in Earth Sciences from McGill University.

John Burzynski | Independent Director

Mr. Burzynski is President and Chief Executive Officer and Director of Osisko Mining, an investee company of the Corporation. He was Senior Vice President, New Business Development of the Corporation until August 31, 2016. Mr. Burzynski has over 30 years of international experience in exploration and development of mining projects. He also has experience in developing strategy, financing and marketing of emerging companies. He is one of the three founders of Osisko Mining Corporation (2003) where he held various positions, including Vice President Exploration, Vice President Corporate Development and Director of the Corporation. He is also a founding member of EurAsia Holding AG, a European venture capital fund. Mr. Burzynski currently serves as a Director with Osisko Mining Inc., Osisko Gold Royalties Ltd., Strongbow Exploration Ltd. and Barkerville Gold Mines Ltd. Mr. Burzynski holds a Bachelor of Science (Honours) degree in geology from Mount Allison University, and a Master of Science in exploration and mineral economics from Queen’s University

Cathy Singer | Independent Director

Cathy has over 30 years of business and securities law experience. She is currently a partner at Norton Rose Fulbright Canada LLP, where she has practiced for the past 17 years and where she has held various roles in management from time to time. Prior to Norton Rose, Cathy was a partner at Fasken’s and, during that period, spent two years at the Ontario Securities Commission on secondment as its General Counsel. Cathy’s practice and experience is broad-based, including mergers and acquisitions, corporate finance, related party transactions and corporate governance matters as a trusted advisor to her clients in the mining, industrial and investment fund sectors.

Amy Satov | Independent Director

Ms. Satov, B.A., LL.B., M.B.A. is the Chief Executive Officer and co-founder of Litron Distributors Ltd., a national lighting distributor. Founded in Montreal, Litron expanded across Canada in 2014, adding locations in Halifax, Ottawa, Toronto, Saskatoon, Calgary and Edmonton and subsequently in Quebec City and Vancouver. Litron has experienced exponential growth since inception. For the 12 years prior to Litron, Ms. Satov was the Executive Vice President of Legal, Compliance and Distribution and Corporate Secretary of DundeeWealth, a wealth management company with $80 billion dollars of assets under management that was acquired by The Bank of Nova Scotia in 2011. In her role as EVP, she was in charge of all legal and compliance matters, was actively involved in DundeeWealth’s expansion into Europe and the U.S. and sat on various subsidiary boards. Ms. Satov advised on all M&A activities as well as securities, regulatory and all other corporate commercial matters. In 2010 Ms. Satov was recognized by Strathmore’s “Who’s Who” for excellence and achievement in her profession. Ms. Satov is also a member of the McGill University Chancellor’s Advisory Group.

Luc Lessard | Independent Director

Luc Lessard is a mining engineer with more than 25 years of experience designing, building and operating mines. He is currently President and CEO and Director of Falco Resources and is Chief Operating Officer of Barkerville Gold Mines Ltd. He was previously Chief Operating Officer of the Canadian Malartic Partnership (owned jointly by Agnico Eagle and Yamana), and prior to that was the Chief Operating Officer and Senior Vice President of Engineering and Construction for Osisko Mining Corporation where he was responsible for the design, construction and commissioning of the world class Canadian Malartic gold mine. During his career, Mr. Lessard has worked on 11 open pit and underground mine builds and prior to Osisko, Mr. Lessard was Vice President of Engineering and Construction for IAMGOLD and General Manager, Projects for Cambior Inc. Mr. Lessard sits on the Board of Directors of Highland Copper Company Inc. and Nighthawk Gold Corp.

Claude Charron | Independent Director

Mr. Charron has over 30 years of extensive financial experience. He is currently President of Group Cofire Inc., a company providing a wide range of financial and tax services to private and publicly traded companies. He formerly held several management and director roles, namely as Director of Komet Manufacturers Inc., Director of Typhoon Exploration Inc., a mineral exploration company, as well as President and Director of Nadoli Capital Inc. Mr. Charron received his Bachelor of Commerce from the “Ecole des Hautes Études Commerciales” of the University of Montreal and is a registered Chartered Accountant.

Paul A. Dumas | Executive Vice President, Finance

Mr. Dumas has over 35 years of Corporate Finance and Investment Banking experience. From 2004 until its recent name change and successful reorganization to Osisko Metals Incorporated, Mr. Dumas was President and Chief Executive Officer of Bowmore Exploration Ltd. Prior to that, he was owner and President of Dumas Asset Management, a private corporation providing financial advisory and consulting services since 1996. Formerly, he was an Investment Advisor at RBC Dominion Securities Inc, as well as an accountant for Price Waterhouse Coopers LLP. Mr. Dumas has served as Director and held Executive positions for numerous public companies in the mining industry as well as the technology sector. Mr. Dumas holds a Bachelor’s degree in Commerce with an Accounting major.

Jeff Hussey | President & CEO

Mr. Hussey, PGeo. has 32 years of professional experience in the mining industry. He has worked in both open pit and underground mine operations at various stages of mine life, from start-up to mine closure, and more recently, working in mineral exploration and development projects. He spent nineteen years with Noranda/Falconbridge. His mine operation experience includes work at the Brunswick No. 12 mine, Gaspé Copper mines, the Antamina mine start-up in Peru, as well as the Raglan mine in Northern Quebec. As Senior Scientist with the Mining Technology Group at the Noranda Technology Center in 2002, he enhanced his network into the metallurgical research and mining innovation fields. As a consultant since 2007, Jeff Hussey and Associates Inc. has helped junior mine development companies by offering exploration, mining and geo-metallurgical support services. These include Champion Iron Mines, Focus Graphite, Puma Exploration and Starcore International in Mexico.

While at Champion Iron Mines, he participated in building significant high quality iron ore resources, completing feasibility studies and participating in raising more than $70 million for corporate development. While working with Focus Graphite, development responsibilities included a feasibility study and associated work with community stakeholders and governments. Mr. Hussey has a Bachelor of Science in Geology from the University of New Brunswick.

Committees

Audit Committee
  • Claude Charron, Chair
  • Amy Satov
  • Cathy Singer
Corporate Governance and Nominating Committee
  • Cathy Singer, Chair
  • Luc Lessard
  • Paul A. Dumas
Compensation Committee
  • Amy Satov, P., Chair
  • John Burzynski
  • Claude Charron

Corporate Information

  • Head office:
    1100 Ave Des Canadiens de Montreal
    Bureau 300
    Montreal, Quebec
    H3B 2S2
  • Registrar and Transfer Agent:
    AST Trust Company (Canada)
    2001 Robert,-Bourassa Blvd. Suite 1600
    Montréal, Québec, H3A 2A6
  • Legal advice:
    Gowling WLG (Canada) LLP
    550 Burrard Street, Suite 2300
    Vancouver, BC
    V6C 2B5
  • Conseil audit:
    Pricewaterhouse Coopers LLP
    1250 René-Lévesque Boulevard West, Suite 2500
    Montréal, Québec
    H3B 4Y1

Corporate Governance

Effective governance is at the foundation of our performance and success as a publicly traded mining company.

Our obligations, expectations and intentions toward our many stakeholders are summarized in the documents available in this section, and reinforced regularly at all levels of the Company.

The Company’s Corporate Governance practices comply with the national instruments of the Canadian Securities Administrators regarding corporate governance practices, including National Instrument 58-101 Disclosure of Corporate Governance Practices.