v3.26.1
Deferred consideration and contingent payments
12 Months Ended
Dec. 31, 2025
Deferred consideration and contingent payments  
Deferred consideration and contingent payments

16.

Deferred consideration and contingent payments

Under the terms of the Tintic Transaction, the Company funded the consideration paid of $199.5 million for the acquisition through the issuance of common shares of Osisko Development, cash payments, the issuance of NSR royalties described in Note 11, US$12.5 million in deferred payments and the granting of certain other contingent payments, rights and obligations. As at December 31, 2025, the outstanding amount for the deferred payments is US$5 million ($6.9 million).

The movement of the deferred consideration and contingent payments is as follows:

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

($)

  ​ ​ ​

($)

Balance – Beginning of year

 

12,232

 

13,852

Interest capitalized

 

574

 

727

Settlement in shares

 

(3,433)

 

(3,409)

Foreign exchange

 

(581)

 

1,062

Balance – End of year

 

8,791

 

12,232

Current portion

 

3,427

 

3,597

Non-current portion

 

5,364

 

8,635

 

8,791

 

12,232