HispanicBusiness

                                                 December 31,   December 31,                                                         2012           2011----------------------------------------------------------------------------                                                          ($)            ($)----------------------------------------------------------------------------ASSETS                                              ------------------------------Current assets                                              ------------------------------  Cash and cash equivalents                            93,229        100,670----------------------------------------------------------------------------  Short-term investments                               19,357              -----------------------------------------------------------------------------  Restricted cash                                       4,563         14,485----------------------------------------------------------------------------  Accounts receivable                                  32,266         39,419----------------------------------------------------------------------------  Note receivable                                      30,000              -----------------------------------------------------------------------------  Inventories                                          73,795         47,552----------------------------------------------------------------------------  Prepaid expenses and other assets                    21,274          7,174----------------------------------------------------------------------------                                                      274,484        209,300----------------------------------------------------------------------------Non-current assets                                              ------------------------------  Restricted cash                                      38,362         26,878----------------------------------------------------------------------------  Investments in associates                             8,933          1,698----------------------------------------------------------------------------  Other investments                                    16,894         16,041----------------------------------------------------------------------------  Property, plant and equipment                     2,329,773      1,801,325----------------------------------------------------------------------------  Deferred income and mining taxes                          -         14,000----------------------------------------------------------------------------                                                    2,668,446      2,069,242----------------------------------------------==============================Liabilities                                              ------------------------------Current Liabilities                                              ------------------------------  Accounts payable and accrued liabilities            100,931         74,562----------------------------------------------------------------------------  Current portion of long-term debt                    76,883         86,485----------------------------------------------------------------------------  Provisions and other liabilities                      1,405            824----------------------------------------------------------------------------                                                      179,219        161,871----------------------------------------------------------------------------Non-current liabilities                                              ------------------------------  Long-term debt                                      260,529        245,139----------------------------------------------------------------------------  Provisions and other liabilities                     18,618          6,038----------------------------------------------------------------------------  Deferred income and mining taxes                     60,426          2,126----------------------------------------------------------------------------                                                      518,792        415,174----------------------------------------------------------------------------Equity attributable to Osisko Mining Corporation shareholders                                              ------------------------------  Share capital                                     2,048,843      1,656,034----------------------------------------------------------------------------  Warrants                                             19,311         13,166----------------------------------------------------------------------------  Contributed surplus                                  65,868         55,909----------------------------------------------------------------------------  Equity component of convertible debenture             8,005          8,005----------------------------------------------------------------------------  Accumulated other comprehensive income              (1,148)        (9,397)----------------------------------------------------------------------------  Retained earnings (deficit)                           8,775       (69,649)----------------------------------------------------------------------------                                                    2,149,654      1,654,068----------------------------------------------------------------------------                                                    2,668,446      2,069,242----------------------------------------------==============================----------------------------------------------------------------------------