The agreement is subject to approval at a shareholder meeting to be held in August, as well as court and other approvals. Approval will require 66.23 percent of shareholders to vote in favor of the deal and simple majority percentage of shareholders after excluding any votes of Orion, Osisko Gold Royalties and certain other persons. On Thursday, shares of Dalradian closed up 59.34 percent in Toronto, trading at C$1.45. Don't forget to follow us @INN_Resource for real-time news updates! Securities Disclosure: I, Nicole Rashotte, hold no direct investment interest in any company mentioned in this article.