Osisko Development Corp.

HIGHLIGHTS US$450 million project loan facility secured from new strategic partner Appian Capital Advisory to fund the development and construction of the Cariboo Gold Project in B.C., Canada US$100 million initial draw enables the Company to accelerate project pre-construction activities and materially de-risk the Project US$350 million in subsequent draws available on a final investment decision subject to certain [...]

In a release issued under the same headline on July 7, 2025, by Osisko Development Corp. , please note that the highlights section and eleventh paragraph have been updated to reflect the correct reference to gold recovery for the 6-10 mm fraction of "92%" instead of "95%". The corrected release follows: HIGHLIGHTS X-ray transmission ore sorter testwork of a ~80 tonne sample taken from the Cariboo underground achieved [...]

HIGHLIGHTS X-ray transmission ore sorter testwork of a ~80 tonne sample taken from the Cariboo underground achieved positive results consistent with 2025 FS parameters 42-55% waste rejection with 84-89% gold recovery achieved by sorting mid-size and oversize sample material including 10-30 mm and 30-70 mm size fractions, respectively Encouraging results from testing the previously unassessed 6-10 mm size fraction, made [...]

Osisko Development Corp. is pleased to announce the appointment of Ms. Susan Craig as independent director to the Company's board of directors effective immediately. "We are very pleased to welcome Susan to our board of directors," commented Sean Roosen, Founder, Chairman and CEO. "Susan brings a wealth of experience in environmental stewardship, Indigenous and community engagement, and permitting across a range of [...]

Osisko Development Corp. announces the filing of a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects in respect of the feasibility study for its permitted, 100%-owned Cariboo Gold Project , located in central British Columbia, Canada. The Technical Report, titled "NI 43-101 Technical Report, Feasibility Study for the Cariboo Gold Project, District of [...]

Osisko Development announces that, in accordance with the terms of the Company's previously-completed acquisition in May 2022 of a 100% ownership interest in the Tintic Project, the Company intends to satisfy the third of five deferred payments to certain sellers of the Tintic Project in common shares of the Company. The Third Deferred Payment of US$2,500,000 is expected to be paid entirely in Common Shares at a deemed [...]

Osisko Development Corp. announces that, as part of the annual compensation review of its Board of Directors, it has granted an aggregate of 1,273,900 stock options of the Company to certain senior officers and non-executive employees of the Company, 1,177,200 restricted share units of the Company to certain senior officers and non-executive employees of the Company, and 229,573 deferred share units of the Company to its [...]

Osisko Development Corp. announces the results of its annual and special meeting of shareholders of the Company held on May 7, 2025. A total of 80,489,188 common shares were voted at the Meeting, representing approximately 58.9% of the total issued and outstanding common shares of the Company as of the record date of the Meeting. A summary of the results for the items voted at the Meeting are as follows: 1. Election of [...]

Osisko Development Corp. reports its financial and operating results for the three months ended March 31, 2025 . Q1 2025 HIGHLIGHTS Operating, Financial and Corporate Updates: As of March 31, 2025, the Company had approximately $77.6 million in cash and cash equivalents. Approximately $35.7 million was outstanding as of the end of Q1 2025 under the delayed draw term loan with National Bank of Canada, which matures on [...]

Robust returns with base case after-tax NPV5% of $943 million, unlevered after-tax IRR of 22.1% and payback2 of 2.8 years at $2,400/oz gold price assumption. Using spot gold price of $3,300/oz, NPV5% improves to $2,066 million, IRR 38.0%, and payback2 of 1.6 years Average annual production of ~190,000 ounces of gold over a 10-year mine life with first gold anticipated in H2 2027, assuming construction commences in Q3 [...]