2,279 m of infill drilling completed on 10-m drill spacing in 24 drill holes from August 2025 representing ~17.5% of the total planned 13,000-m infill program Highlight intercepts include: 45.24 g/t Au over 3.0 m, including 233.92 g/t Au over 0.5 m, 41.17 g/t Au over 2.1 m, and 16.36 g/t Au over 4.6 m Initial results show good continuity consistent with modelled vein zones and planned stopes, including high-grade [...]
Osisko Development Corp. is pleased to announce results from its infill and exploration diamond drill, and development sampling campaigns in the Lowhee Zone within the Company's permitted, 100%-owned Cariboo Gold Project. The program to date has consisted of approximately 6,471 meters of underground infill drilling and approximately 398 m of chip and rock saw channel sampling. Chris Lodder, President, stated, "The recent [...]
Osisko Development Corp. announces that it has granted 58,824 deferred share units of the Company to Ms. Susan Craig, an independent director, as part of her recent appointment to the Company's board of directors announced on June 16, 2025. The DSUs were granted in accordance with the Company's Omnibus Incentive Plan, which is available on the Osisko Development website at www.osiskodev.com. ABOUT OSISKO DEVELOPMENT CORP [...]
Osisko Development Corp. is pleased to announce the successful closing of its previously announced private placement of 99,065,330 units of the Company at a price of US$2.05 per Unit for aggregate gross proceeds of approximately US$203 million . The Offering is comprised of a "bought deal" brokered private placement of 58,560,000 Units at the Issue Price for aggregate gross proceeds of approximately US$120 million , and a [...]
Osisko Development Corp. reports its financial and operating results for the three months ended June 30, 2025 . Q2 2025 HIGHLIGHTS Operating, Financial and Corporate Updates: As of June 30, 2025, the Company had approximately $46.3 million in cash and cash equivalents. Approximately $34.2 million was outstanding as of the end of Q2 2025 under the delayed draw term loan with National Bank of Canada, which was fully repaid [...]
Osisko Development Corp. announces today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and RBC Capital Markets, under which the underwriters have agreed to buy, on a "bought deal" private placement basis, 58,560,000 units of the Company , at a price of US$2.05 per Unit for aggregate gross proceeds of US$120,048,000 . Each Unit consists of one common share of the Company [...]
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 [...]
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