Good morning, ladies and gentlemen, and welcome to the Osisko Gold Royalties Q3, 2023 Results Conference Call. [Operator Instructions] Please note, this call is being recorded today, November 9, 2023, at 10:00 a.m. Eastern Time. Today on the call, we have Mr. Paul Martin, Interim Chief Executive Officer Mr. Frederic Ruel, Chief Financial Officer and Vice President, Finance and Mr. Iain Farmer, Vice President, Corporate Development. I would now like to turn the meeting over to your host for today's call, Mr. Paul Martin.

Thank you, very much, operator, and good morning, everybody, and thanks for joining our call. This presentation is available on the website as well as through the webcast. And firstly, I'd like to address the organizational changes and then proceed to the quarterly results. Last night, Osisko announced that Mr. Sean Roosen has stepped down as Chair of the Board, continuing as a member of the Board. In conjunction, it was also announced that Mr. Norm MacDonald will be taking on the role of Chair. In addition to the changes made at the Board level, Osisko's CEO Search Special Committee has concluded its search for a full-time President and CEO and as you have all seen, Jason Attew will be assuming the position once he completes the necessary transition from his current leadership role at Liberty Gold, but no later than January 2, 2024. First of all, speaking on behalf of the Board and all of our employees is with a huge amount of gratitude that we acknowledge Sean today for his vision, drive and emotional capital that he has invested in the company for nearly a decade, including the spin-out creation of Osisko Gold Royalties back in 2014. And over this period of time, he has put everything he had into this company. And Sean has exactly as he would self-describe himself, a multidirectional thinker he looks -- who looks to challenge the norms and is not comfortable sitting on his hands. From the creation of the Osisko Gold royalties with its 5% NSR royalty on the Canadian Malartic mine, arguably the sector's crown jewel precious metals royalty asset all the way to where we -- the company is today with 23, producing royalties and streams and over 180 assets. There are a few in this industry who have…

Thank you. [Operator Instructions] Your first question comes from Ralph Profiti from Eight Capital. Please go ahead.

Thanks Operator. Good morning everybody, First off, Paul, I just want to thank you for your efforts in stewardship over these past many months, and it's encouraging to see such definitive clarity on leadership and governance going forward.

Thank you.

Paul, if I were to think about Q4 results and hitting the low end, it still implies quarter-over-quarter an uptick in GEO ounces produced. And you mentioned Eagle and Eleonore as perhaps having some Q4 cadence. Just wondering, are there any other assets in the portfolio where you're anticipating quarter-over-quarter strength in a material way?

Well, in discussion with the team, Ralph, I certainly have been told that Malartic tends to finish the year strong. And obviously, that has the biggest variable on us. Maybe on a more insignificant area, perhaps there's 1,000 GEOs from Renard potentially coming, but that is a little unpredictable and we'll wait and see where those diamond sales -- whether they materialize or not.

Okay. Helpful. If I can ask a follow-up on Namdini. Was that other 50% of the 2% NSR not for sale? Or should we consider this as sort of a measured and deliberate step investment as it pertains to capital allocation.

Yes. That's a fair question, Ralph. This is -- these royalties were owned by the community would be the expression and only half of it was available. So that's why we were able to secure the 1%.

[Operator Instructions] There are no further questions over the phone at this time -- we do have one question from Adrian Day from Adrian Day Asset Management. Please go ahead.

Yes. Good morning, and again, thank you, Paul for your efforts. I just wanted a quick question on Renard. In the past, you made an equity investment and worked with it and that worked out well. But are you thinking of putting any more money into the mine?

I think, Adrian, that's pretty clear at the moment. We were supportive of the CCAA process, and that is not our intention.

Okay. Thank you.

And there are no further questions over the phone at this time. I will turn the call back over to Paul.

Okay. Thanks, everybody. I know it's a busy morning with a number of releases out. So we appreciate you participating. If there are any follow-up questions, you know where to find us, and we're happy to engage. With that, have a great day, everyone.

Ladies and gentlemen, this concludes your conference call for today. We thank you for joining, and you may now disconnect your lines. Thank you.