June 11 (Reuters) - Osisko Gold Royalties Ltd OR.TO :
* OSISKO AND FINANCIAL PARTNERS EXTEND BRIDGE FINANCING TO STORNOWAY TO SUPPORT STRATEGIC PROCESS
* OSISKO GOLD ROYALTIES LTD - ENTERED INTO A BINDING BRIDGE FINANCING TERM SHEET
* OSISKO GOLD ROYALTIES LTD - WILL PROVIDE A SENIOR-SECURED BRIDGE CREDIT FACILITY TO STORNOWAY DIAMOND CORPORATION
* OSISKO GOLD ROYALTIES LTD - OSISKO OWNS A SENIOR-SECURED 9.6% DIAMOND STREAM ON STORNOWAY'S RENARD DIAMOND MINE
* OSISKO GOLD ROYALTIES LTD - BRIDGE FACILITY ALSO PROVIDES THAT DIAQUEM, INC HAS AGREED TO ADVANCE TO STORNOWAY AN AMOUNT OF UP TO C$11.7 MILLION