Aquila Resources Inc. announced a financing transaction with Osisko Bermuda Limited (OBL) pursuant to which OBL has agreed to commit approximately USD 65 million to Aquila through a USD 10 million private placement and USD 55 million gold stream purchase agreement. Effective immediately and pursuant to the Strategic Investment, Joseph de la Plante, Vice President Corporate Development for Osisko Gold Royalties has been appointed to Aquila's Board of Directors. Mr. de la Plante has been Vice President Corporate Development of Osisko Gold Royalties since June 2014. Prior to this, Mr. de la Plante held the position of Senior Advisor, Investment and Corporate Development of Osisko Mining Corporation since November 2010, where he played a key role in the company's investor relations and corporate development efforts prior to the sale of the company.