Osisko Development Corp. is pleased to announce the successful closing of its previously announced private placement of 31,946,366 units of the Company at a price of US$1.80 per Unit, including the exercise in full of the Agents' option, for aggregate gross proceeds of approximately US$57.5 million . The Offering included a lead order from Condire Investors, LLC , an investment firm based in Dallas, Texas, resulting in an [...]
Osisko Development Corp. is pleased to announce that the Mines Act permit for its 100%-owned Cariboo Gold Project located in central British Columbia , Canada has been referred for decision to the statutory decision maker in the BC Ministry of Energy, Mines and Low Carbon Innovation. The review of the Environmental Management Act permits has been completed, as well, and the Company is awaiting referral thereof to the [...]
Montreal, Québec, October 24, 2024 - Osisko Development Corp. is pleased to announce its private placement offering of units of the Company , announced on October 23, 2024, was oversubscribed and has been fully allocated. This Offering is expected to close on or about November 12, 2024, pursuant to which an aggregate of 31,944,700 Units are expected to be issued at a price of US$1.80 per Unit for gross proceeds of [...]
US$57.5 Million Brokered Private Placement Expected to close November 12, 2024 MONTREAL, Oct. 24, 2024 -- Osisko Development Corp. is pleased to announce its private placement offering of units of the Company , announced on October 23, 2024, was oversubscribed and has been fully allocated. This Offering is expected to close on or about November 12, 2024, pursuant to which an aggregate of 31,944,700 Units are expected to [...]
Osisko Development Corp. is pleased to announce that it has entered into an agreement with certain agents , pursuant to which the Lead Agents have agreed to sell, on a "best efforts" agency basis, up to 27,778,000 units of the Company at a price of US$1.80 per Unit for aggregate gross proceeds of up to approximately US$50 million . Each Unit consists of one common share of the Company and one Common Share purchase warrant [...]
Osisko Development Corp. is pleased to announce the successful closing of its previously-announced non-brokered private placement of units of the Company , announced on September 4, 2024, pursuant to which the Company issued an aggregate of 19,163,410 Units at a price of US$1.80 per Unit for an overall offering size to approximately US$34.5 million, comprising 13,426,589 Units at a price of US$1.80 per Unit for gross [...]
Osisko Development Corp. is pleased to announce, further to its news release dated October 1, 2024, that the first tranche of its offering was oversubscribed at the time of closing. The Company intends to seek to close further tranches of its non-brokered private placement for up to 13,888,888 units at a price of US$1.80 per Unit for additional gross proceeds to the Company of up to approximately US$25 million , the [...]
Osisko Development Corp. is pleased to announce, further to its news release dated October 1, 2024, that due to strong market demand, the Company intends to close a second tranche of its non-brokered private placement of up to 13,888,888 units at a price of US$1.80 per Unit for additional gross proceeds to the Company of up to approximately US$25 million . The Company anticipates closing the second tranche of the Offering [...]
Osisko Development Corp. is pleased to announce the successful closing of the first tranche of its previously announced non-brokered private placement, announced on September 4, 2024, pursuant to which the Company issued 13,426,589 units of the Company at a price of US$1.80 per Unit for aggregate gross proceeds of approximately US$24.2 million . The Company anticipates closing a second tranche of the Offering in early [...]
Osisko Development Corp. is pleased to announce a non-brokered private placement of units of Osisko Development at a price of USD $1.80 , with each Unit consisting of one common share of the Company and one Common Share purchase warrant of the Company , with each Warrant entitling the holder thereof to purchase one additional Common Share at a price of USD $3.00 per Warrant Share for a period of 60 months following the [...]
Osisko Development Corp. reports its financial and operating results for the three months ended June 30, 2024 . Q2 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: 805 ounces of gold sold by the Company from operating activities in the second quarter, comprising of 790 ounces of gold sold from the Trixie test mine , and the balance from the Cariboo Gold Project by processing stockpiles at a third-party [...]
Osisko Development Corp. is pleased to provide an update on exploration activities at its 100%-owned Tintic Project , located in the historic East Tintic Mining District in central Utah, U.S.A. This includes results of recently completed surface and underground diamond drilling targeting potential copper-gold-molybdenum porphyry centers, underground chip sampling at the Trixie test mine , and ongoing target generation [...]
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