Osisko Development Corp. announces that, at the annual meeting of shareholders held on May 12, 2021, each of the 7 nominees listed in the management information circular filed on April 8, 2021 with regulatory authorities were elected as directors of the Corporation. Election of Directors Based on the proxies received and the votes by ballot, the following individuals were elected as directors of the Corporation until the [...]
Omineca Mining and Metals Ltd. , is pleased to announce that it has entered into a Mutual Aid Agreement with Osisko Development Corporation's Barkerville Gold Mines division located 25 kilometers east of Omineca's underground project at Wingdam in the Cariboo Mining District of south-central BC. In the event of an emergency situation or rescue operation at either site, one participant can request of the other participant [...]
Osisko Development Corp. is pleased to announce drilling results from the category conversion drill program campaign at its Cariboo Gold Project in central BC. This news release discusses the final assay results from the 2020 exploration and delineation drill campaign on Valley, Mosquito and Shaft Zones and includes holes CM-20-100 to CM-20-105 and IM-20-036 to IM-20-061. Detailed drilling results, drill hole location [...]
Osisko Development Corp. is pleased to announce the positive results of the recent test work aimed at confirming the use ore sorting to improve the processed grade of mineral resources at the Cariboo Gold Project in Wells. Osisko Development Corp. commissioned TOMRA in the last quarter of 2020 to complete ore sorting tests using a XRT sensor on a sample of approximately 2,200kg of ore coming from the Cariboo Gold project [...]
Osisko Development Corp. is pleased to announce drilling results from the category conversion drill program campaign at its Cariboo Gold Project in central British Columbia. This news release states the assay results from holes CM-20-086 to CM-20-099 drilled in the Valley Zone in 2020 . Highlights include 10.81 g/t Au over 6.8 meters including 100.50 g/t Au over 0.5 meter in hole CM-20-086 and 10.93 g/t Au over 12.0 [...]
MONTRÉAL, March 18, 2021 /CNW/ - Osisko Development Corp. is pleased to announce the successful completion of its previously-announced "bought deal" brokered private placement of an aggregate of: 2,055,742 flow-through shares of the Corporation at a price of CDN $9.05 per FT Share; and 1,334,500 charity flow-through shares of the Corporation at a price of CDN $11.24 per Charity FT Share , for aggregate gross proceeds of [...]
Osisko Development Corp. is pleased to announce new drilling results from the exploration and delineation program on the Island Mountain, Mosquito Creek and Shaft Zone Deposits on the Cariboo Gold Project in central British Columbia. This news release discusses the assay results from holes IM-20-001 to IM-20-035 drilled on the Mosquito Creek and Shaft Zone in 2020 . Highlights include 63.20 g/t Au over 3.20 meters in hole [...]
Osisko Development Corp. is pleased to announce, further to its news release earlier this morning, that the private placement of flow-through shares of the Corporation has been upsized by an additional approximate CDN$7 million, for a total offering of approximately CDN$30 million. In furtherance of the foregoing, the Corporation has entered into an amendment to the engagement agreement pursuant to which Eight Capital, on [...]
Osisko Development Corp. is pleased to announce that it has entered into an engagement agreement as of February 16, 2021 with Eight Capital, on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, an aggregate of: 884,000 flow-through shares of the Corporation at a price of CDN $9.05 per FT Share; and 1,334,500 charity flow-through [...]
Osisko Development Corp. is pleased to announce new drilling results from the exploration program on the Proserpine greenfield target on the Cariboo Gold Project in central British Columbia. Detailed geologic mapping and sampling programs carried out in 2019 identified several prospective drill targets and further defined the lithologic controls on gold mineralization of the Company's greenfield targets . The initial [...]
Osisko Development Corp. is pleased to announce that it has successfully completed the final tranche of its previously-announced non-brokered private placement of units. Under this tranche, the Corporation issued a total of 1,515,731 Units at a price of CDN$7.50 per Unit for aggregate gross proceeds of approximately CDN$11.2 million. Each Unit consists of one common share of the Corporation and one-half of one common [...]
Osisko Development Corp. is pleased to announce drilling results from the category conversion drill program campaign at the Cariboo Gold Project in central British Columbia. This news release discusses the assay results from holes CM-20-064 to CM-20-084 drilled on Cow Mountain and Valley Zone in 2020. Highlights include 8.43 g/t Au over 8.40 meters in hole CM-20-083 including a higher-grade zone of 84.5 g/t Au over 0.5 [...]
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