Osisko Development is pleased to announce that it has been approved to list its common shares on the NYSE. The Common Shares are expected to commence trading on the NYSE on May 27, 2022 under the trading ticker symbol "ODV". Osisko Development will retain its listing on the TSXV under the symbol "ODV". Upon the Common Shares commencing trading on the NYSE, the escrow release condition relating to the subscription receipts [...]
Osisko Development Corp. announces that pursuant to a special resolution passed by shareholders on April 26, 2022, and to the consolidation ratio subsequently approved by the Board of Directors, the consolidation of all of its issued and outstanding common shares on the basis of one post-consolidated common share for every three pre-consolidated common shares will take effect as of Wednesday, May 4, 2022. The Company's [...]
Osisko Development Corp. announces that, at the annual and special meeting of shareholders held on April 26, 2022, each of the 6 nominees listed in the management information circular filed on April 4, 2022 with the regulatory authorities were elected as directors of the Corporation. Election of Directors Based on the proxies received, the following individuals were elected as directors of the Corporation until the next [...]
Osisko Development Corp. is pleased to announce the successful closing of the final tranche of its previously-announced non-brokered private placement, pursuant to which an additional 512,980 subscription receipts of the Company were issued at a price of US$3.50 per Subscription Receipt, for additional gross proceeds of approximately US$1.795 million. The final tranche of the private placement was for the purpose of [...]
Osisko Development Corp. is pleased to announce drilling results from the 2021 exploration and category conversion drill campaign at its Cariboo Gold Project in central British Columbia. Summary A total of 47,500 meters were drilled in 109 holes in the Valley Deposit in 2021. This news release includes assay results from holes CM-21-061-1 to CM-21-093. Visible gold was observed in many holes including assays of 91.60 g/t [...]
Osisko Development Corp. is pleased to announce drilling results from the 2021 exploration and category conversion drill campaign at its Cariboo Gold Project in central British Columbia. Summary A total of 29,450 meters were drilled in 94 holes at Lowhee Zone on Barkerville Mountain in 2021. Final assay results have now been received and this release include holes BM-21-081 to BM-21-094 . Drillhole BM-21-082 intersected [...]
Osisko Development Corp. is pleased to announce the successful closing of the second tranche of the Company's previously-announced non-brokered private placement, pursuant to which an additional 9,365,689 subscription receipts of the Company were issued at a price of US$3.50 per Subscription Receipt, for additional gross proceeds of approximately US$32.8 million. The total size of the non-brokered private placement [...]
Osisko Development Corp. is pleased to announce that it expects to close the second tranche of its previously-announced non-brokered private placement of subscription receipts on March 29, 2022. As previously announced, the first tranche of the Corporation's non-brokered private placement closed on March 4, 2022, for gross proceeds of approximately US$84.8 million. The Corporation has increased the size of the second [...]
Osisko Development Corp. is pleased to announce the successful closing of the first tranche of the Company's previously-announced non-brokered private placement, pursuant to which a total of 24,215,099 subscription receipts of the Company were issued at a price of US$3.50 per Subscription Receipt, for gross proceeds of approximately US$84.8 million . The Company anticipates closing a second tranche of the Offering in late [...]
Osisko Development Corp. is pleased to announce the successful completion of its previously-announced "bought deal" brokered private placement of an aggregate of 13,732,900 subscription receipts of the Company, and 9,525,850 units of the Company at a price of $4.45 per Offered Security, for aggregate gross proceeds of approximately $103.5 million, including the full exercise of the underwriters' option. Each Unit is [...]
Osisko Development Corp. is pleased to announce the final drilling results from the 2021 exploration and category conversion drill program campaign at its San Antonio Project in Sonora State, Mexico. The Company is also pleased to report, further to its previously-announced non-brokered private placement of up to US$110 million of subscription receipts of the Corporation , that the Corporation expects to close a first [...]
Osisko Development Corp. is pleased to report its financial and operating results for the three months ended December 31, 2021. Fourth Quarter and Full Year 2021 Highlights The Company began test mining and gold production from the Bonanza Ledge phase 2 mine and the San Antonio Stockpile heap leach mine. The Company recently entered into an agreement to acquire the high grade Trixie gold mine and prolific East Tintic [...]
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