Osisko Development Corp. is pleased to provide a corporate update on its 100% owned Tintic, Cariboo Gold and San Antonio Projects. As of September 30, 2022, Osisko Development has produced 19,874 ounces of gold from its three projects. Tintic Project Highlights: 5,353 ounces of gold produced at an average grade of 0.91 oz/t Au since the date of Osisko Development's acquisition of Tintic on May 27, 2022. 4,022 tonnes of [...]
Osisko Development Corp. announces the departure of Jean-François Lemonde, Vice President, Investor Relations. Sean Roosen, Chief Executive Officer, said: "We would like to thank Jean-François for his commitment to Osisko Development and wish him all the best in his future endeavours as he pursues other opportunities." Laurence Farmer, General Counsel and VP Strategic Development will assume the Investor Relations [...]
Osisko Development Corp. is pleased to announce that Tintic Consolidated Metals, LLC , an indirect wholly-owned subsidiary of the Company, has closed the previously announced metals stream with Osisko Bermuda Limited pursuant to a Metals Purchase Agreement dated August 12, 2022 . All conditions to complete the Stream Agreement have been fulfilled, including TCM's receipt of the upfront payment of US$20 million from OBL [...]
Osisko Development is pleased to announce our inaugural sustainability report for 2020 and 2021 is now available on our corporate website; click here to view the report. Osisko Development understands that our success is measured by more than the gold we produce. Operating in an environmentally and socially responsible way is intricately connected to our long-term success. As our organization continues to evolve and grow [...]
Osisko Development is pleased to report its financial and operating results for the three months ended June 30, 2022. Unless stated otherwise, all dollar references are to Canadian dollars. Second Quarter 2022 Highlights: The acquisition of Tintic Consolidated Metals was completed on May 27, 2022, creating a strong foothold in the prospective East Tintic Mining District in Central Utah.
Osisko Development responds to commentary by third parties in relation to its Tintic project. The third parties attended at the Company's premises and interviewed Company personnel. Following the interview, Osisko Development reviewed and authorized for release an abridged version of the interview. Contrary to the Company's guidance, the third parties proceeded to release an unabridged version of the interview that [...]
Osisko Development is pleased to report that it has filed on SEDAR the independent NI 43-101 Technical Report to present and support the results of the Mineral Resource Estimate for the San Antonio Project as per the Company’s news release dated June 30th, 2022. The technical report was prepared by Micon International Inc. an independent consulting firm based out of Toronto.
Osisko Development Corp.is pleased to announce the filing of a technical report, prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), on its recently acquired Tintic Project, including the producing underground Trixie Mine, pursuant to its 100% acquisition of Tintic Consolidated Metals Company on May 27, 2022.
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 [...]