Osisko Development Corp.

Osisko Development Corp. announces that it has granted 80,000 deferred share units of the Company to Mr. Stephen Quin, an independent director, as part of his recent appointment to the Company's board of directors announced on December 5, 2024. The DSUs were granted in accordance with the Company's DSU plan, which is available on the Company's website at www.osiskodev.com. ABOUT OSISKO DEVELOPMENT CORP. Osisko Development [...]

Osisko Development Corp. is pleased to provide a progress update for its ongoing bulk sample and underground development activities at its 100%-owned Cariboo Gold Project located in central British Columbia , Canada. The Company has now successfully completed 100% of the underground development, totalling approximately 1,172 meters, to access the target area of the contemplated bulk sample in the Lowhee Zone of the [...]

Osisko Development Corp. announces that Ms. Marina Katusa has resigned from the Company's board of directors effective immediately. The Company thanks Ms. Katusa for her service as a director and wishes her well in future endeavours. ABOUT OSISKO DEVELOPMENT CORP. Osisko Development Corp. is a North American gold development company focused on past-producing mining camps located in mining friendly jurisdictions with [...]

Osisko Development Corp. is pleased to announce the granting of the Environmental Management Act permits for its 100%-owned Cariboo Gold Project located in central British Columbia , Canada. Together with the BC Mines Act permits secured on November 20, 2024, these approvals mark the successful completion of the permitting process for key approvals, solidifying the Cariboo Gold Project's shovel-ready status. "We are very [...]

Osisko Development Corp. is pleased to announce the appointment of Mr. Stephen Quin, a seasoned mining executive, as independent director to the Company's board of directors effective immediately. "On behalf of the entire Board, we are delighted to welcome a director of Stephen's calibre, and a veteran of the mining sector, to the board of directors of Osisko Development," commented Sean Roosen, Founder, Chairman and CEO [...]

Osisko Development Corp. is pleased to announce the approval of the BC Mines Act permits for its 100%-owned Cariboo Gold Project located in central British Columbia , Canada. The approval of these permits marks an important milestone in enabling the Company to move forward with the construction and operation of the underground Cariboo Gold Project. "Receipt of the construction and operating permits for the Cariboo Gold [...]

Osisko Development Corp. reports its financial and operating results for the three months ended September 30, 2024 . Q3 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: As at September 30, 2024, the Company had approximately $40.8 million in cash and cash equivalents. An amount of approximately $67.7 million was fully drawn as at September 30, 2024 under the delayed draw term loan with National Bank of Canada [...]

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 [...]