Osisko Development Corp. is pleased to announce the appointment of Mr. Scott Smith as Vice President, Exploration effective November 1, 2025. Mr. Smith joins from Prime Mining Corp. where he most recently served as Executive Vice President, Exploration until its acquisition by Torex Gold Resources Inc. in October 2025. "We are delighted to bolster our exploration team with Scott's appointment. He brings over 30 years of [...]
Osisko Development Corp. is pleased to announce the successful closing of its previously-announced oversubscribed private placement offering of 15,409,798 common shares of the Company for aggregate gross proceeds of approximately C$82.5 million . The Offering is comprised of the following issuances, on a private placement basis: LIFE Offering: issuances made pursuant to the "listed issuer financing exemption" available [...]
Osisko Development Corp. reports that, on October 17, 2025, Osisko Development acquired, indirectly through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. , 6,250,000 units of Falco Resources Ltd. at a price of C$0.32 per Unit for an aggregate purchase price of C$2,000,000, in connection with a "bought deal" private placement of 41,005,000 Units completed by Falco . Each Unit consisted of one common share of [...]
Osisko Development Corp. is pleased to announce that, as a result of excess demand, it has entered into a further amending agreement with the underwriters to increase the size of its previously announced "bought deal" financing from C$60 million to C$75 million . As announced by the Company on October 9, 2025 , Osisko Development has agreed to issue three tranches of shares under the "listed issuer financing exemption [...]
Osisko Development Corp. is pleased to announce that, as a result of excess demand, it has entered into a further amending agreement with National Bank Financial Inc., BMO Capital Markets and RBC Capital Markets, acting as co-lead underwriters and co-bookrunners , to increase the size of its previously announced "bought deal" financing from C$60 million to C$75 million . As announced by the Company on October 9, 2025 [...]
Osisko Development Corp. is pleased to announce that, as a result of excess demand, it has entered into an amending agreement with National Bank Financial Inc., BMO Capital Markets and RBC Capital Markets, acting as co-lead underwriters and co-bookrunners , to increase the size of its previously announced "bought deal" financing to C$60 million . LIFE Offering As a result of the Amendment, Osisko Development will now [...]
Osisko Development Corp. is pleased to announce that it has entered into an agreement with National Bank Financial Inc., BMO Capital Markets and RBC Capital Markets, acting as co-lead underwriters and co-bookrunners , pursuant to which the Underwriters have agreed to purchase , on a "bought deal" private placement basis pursuant to the LIFE Exemption , two tranches of flow-through shares for aggregate gross proceeds of [...]
2,279 m of infill drilling completed on 10-m drill spacing in 24 drill holes from August 2025 representing ~17.5% of the total planned 13,000-m infill program Highlight intercepts include: 45.24 g/t Au over 3.0 m, including 233.92 g/t Au over 0.5 m, 41.17 g/t Au over 2.1 m, and 16.36 g/t Au over 4.6 m Initial results show good continuity consistent with modelled vein zones and planned stopes, including high-grade [...]
Osisko Development Corp. is pleased to announce results from its infill and exploration diamond drill, and development sampling campaigns in the Lowhee Zone within the Company's permitted, 100%-owned Cariboo Gold Project. The program to date has consisted of approximately 6,471 meters of underground infill drilling and approximately 398 m of chip and rock saw channel sampling. Chris Lodder, President, stated, "The recent [...]
Osisko Development Corp. announces that it has granted 58,824 deferred share units of the Company to Ms. Susan Craig, an independent director, as part of her recent appointment to the Company's board of directors announced on June 16, 2025. The DSUs were granted in accordance with the Company's Omnibus Incentive Plan, which is available on the Osisko Development website at www.osiskodev.com. ABOUT OSISKO DEVELOPMENT CORP [...]
Osisko Development Corp. is pleased to announce the successful closing of its previously announced private placement of 99,065,330 units of the Company at a price of US$2.05 per Unit for aggregate gross proceeds of approximately US$203 million . The Offering is comprised of a "bought deal" brokered private placement of 58,560,000 Units at the Issue Price for aggregate gross proceeds of approximately US$120 million , and a [...]
Osisko Development Corp. reports its financial and operating results for the three months ended June 30, 2025 . Q2 2025 HIGHLIGHTS Operating, Financial and Corporate Updates: As of June 30, 2025, the Company had approximately $46.3 million in cash and cash equivalents. Approximately $34.2 million was outstanding as of the end of Q2 2025 under the delayed draw term loan with National Bank of Canada, which was fully repaid [...]