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FEBRUARY 21, 2017 – OSISKO MINING INC. FILES EARLY WARNING REPORT IN RESPECT OF BEAUFIELD RESOURCES INC.

Osisko Mining Inc. has filed an early warning report in respect of its holdings in Beaufield Resources Inc. On Feb. 21, 2017, the Corporation, through its wholly-owned subsidiary O3 Investments Inc., acquired beneficial ownership of, or control and direction over, 31,700,000 common shares of Beaufield (collectively, the “Purchased Shares” and each, a “Purchased Share”) by way of a brokered private placement of Beaufield at a price of $0.10 per Purchased Share for total consideration of $3,170,000.

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