Osisko Files Management Information Circular

MONTREAL, QUEBEC--(Marketwired - April 7, 2016) - Osisko Gold Royalties Ltd (TSX:OR) ("Osisko" or the "Corporation") is pleased to announce that it has filed its Management Information Circular for its upcoming Annual Shareholders' Meeting to be held on May 4, 2016 at 3:00 pm (EDT) at Petit Théâtre du Vieux Noranda, in Rouyn-Noranda, Québec.

Shareholders will be asked to approve the nominees to the Board of Directors, appoint PricewaterhouseCoopers as independent auditor and participate on an advisory vote on executive compensation.

New Nominee to the Board

Mr. Christopher C. Curfman has been nominated for election to the Board to join incumbent board members Ms. Françoise Bertrand and Joanne Ferstman, and Messrs. Victor H. Bradley, John Burzynski, André Gaumond, Pierre Labbé, Charles E. Page and Sean Roosen.

Mr. Curfman, a resident of Peoria, Illinois, is a recently retired senior executive with Caterpillar Inc., one of the world largest mining industry equipment provider. During his 21 years of career at Caterpillar, Mr. Curfman held several progressive positions in Asia, Australia and the USA, including Senior Vice President of Caterpillar, and President of Caterpillar Global Mining from 2011 to his retirement at the end of 2015.

Sean Roosen, Chair and Chief Executive Officer, noted: "We are pleased that Mr. Curfman has accepted our invitation to stand election to our Board of Directors, and we look forward to benefiting from his insights, experience and relationships in the global mining industry".

The Management Information Circular is available on SEDAR at www.sedar.com.

About Osisko Gold Royalties Ltd

Osisko is an intermediate mining royalty and exploration company with two world-class gold royalty assets. These two cornerstone assets are a 5% net smelter return ("NSR") royalty on the world-class Canadian Malartic gold mine, located in Malartic, Québec, and a 2.0-3.5% NSR on the Éléonore gold mine, located in James Bay, Québec. Osisko also holds a 1.7-2.55% NSR royalty on certain claims comprising the Island Gold Mine, a 1.7% NSR royalty on the Lamaque South Project, a 3% NSR royalty on the Malartic CHL property as well as a 2% NSR royalty on the Upper Beaver, Kirkland Lake and Hammond Reef gold exploration projects in Northern Ontario. The Company also owns a 9.8% equity interest in Labrador Iron Ore Royalty Corporation.

Osisko's head office is located at 1100 Avenue des Canadiens-de-Montréal, Suite 300, Montréal, Québec, H3B 2S2.