Osisko Announces the Election of Its Board of Directors

Osisko Gold Royalties Ltd.

MONTREAL, QUEBEC--(Marketwired - May 5, 2017) - Osisko Gold Royalties Ltd (the "Corporation" or "Osisko") (TSX:OR)(NYSE:OR) announces that, at the annual and special meeting of shareholders held on May 4, 2017, each of the 10 nominees listed in the management information circular filed on April 10, 2017 (the "Circular") with regulatory authorities were elected as directors of the Corporation.