Osisko Development Corp.

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 [...]

Osisko Development Corp. is pleased to announce that its common share purchase warrants issued pursuant to private placements completed by the Company between October and November of 2024 will be listed for trading on the TSX Venture Exchange under the symbol "ODV.WT.V". The Warrants are expected to be listed for trading on the TSXV effective as of the opening of markets on April 17, 2025. An aggregate of 51,109,776 [...]

Osisko Development Corp. reports its financial and operating results for the three and twelve months ended December 31, 2024 . Q4 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: As of December 31, 2024, the Company had approximately $106.7 million in cash and cash equivalents. Approximately $36.0 million was outstanding as of the end of Q4 2024 under the delayed draw term loan with National Bank of Canada [...]

Osisko Development Corp. is pleased to announce drilling results from its 2024 initial exploration and historic data validation infill drill campaign at its Quesnel River Mine Prospect within the Company's wider 100%-owned Cariboo Gold Project located in central British Columbia , Canada. Chris Lodder, President, stated, "Today's infill results are promising and reinforce the prospectivity of the historic QR mine area, as [...]

Osisko Development Corp. is pleased to announce the appointment of David Rouleau as Vice President, Project Development. This appointment aligns with the Company's strategic focus on building an operations-driven team to advance its flagship 100%-owned Cariboo Gold Project located in central British Columbia, Canada. The Company also announces that Éric Tremblay, Chief Operating Officer, is leaving the Company effective [...]

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 [...]