---
title: "Glencore Canada holds 14.4% stake in Osisko Metals after US$ 25 million convertible debenture conversion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292849838.md"
description: "Glencore Canada converted a US$25 million senior secured convertible debenture into equity units of Osisko Metals, pending TSX approval. This transaction increases Glencore's stake to approximately 14.4% on a non-diluted basis (128,126,804 shares) and about 14.7% on a partially diluted basis when including warrants."
datetime: "2026-07-16T04:18:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292849838.md)
  - [en](https://longbridge.com/en/news/292849838.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292849838.md)
---

# Glencore Canada holds 14.4% stake in Osisko Metals after US$ 25 million convertible debenture conversion

-   Glencore Canada converted a USD 25 million senior secured convertible debenture into equity units, pending final TSX approval. \* Resulting position: 128,126,804 common shares, representing about 14.4% of shares outstanding on a non-diluted basis. \* Glencore also holds 3,431,222 warrants, taking its stake to about 14.7% on a partially diluted basis. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Osisko Metals Inc. published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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