Osisko Development Corp.

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 [...]

Osisko Development Corp. is pleased to announce that the previously issued wildfire evacuation order announced on July 22, 2024, has been lifted by the BC Wildfire Service. Normal course operations and site activities at the Company's 100%-owned Cariboo Gold Project will resume immediately following the return of non-essential employees to site. The mine site infrastructure was unaffected by the wildfires and all access [...]

Osisko Development Corp. announces that the Company has temporarily paused non-essential activities at its 100%-owned Cariboo Gold Project located in central British Columbia , Canada, following a wildfire evacuation order that includes the Project. As of July 21, 2024, to ensure safety and welfare of employees, all non-essential personnel and contractors have been temporarily moved off-site, while several essential staff [...]

Osisko Development Corp. announces that effective July 4, 2024, as part of its annual compensation review, the Board of Directors of the Company has approved the grant of an aggregate of 2,797,400 incentive stock options and an aggregate of 371,800 restricted share units to certain senior officers of the Company , in accordance with the terms of the Company's Option and RSU plans, as applicable. The Equity Incentive [...]

Osisko Development Corp. announces it has entered into an amending agreement to the credit agreement with National Bank of Canada made as of March 1, 2024 providing for a US$50 million delayed draw term loan , through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. . The Amendment provides for, among other things: An 8-month extension to the maturity date of the Credit Facility to October 31, 2025 . The extension [...]

Osisko Development Corp. announces that, in accordance with the terms of the Company's previously-completed acquisition of a 100% ownership interest in the Tintic Project, located in Utah, U.S.A., in May 2022 , the Company intends to satisfy the second of five deferred payments to the sellers of the Tintic Project in common shares of the Company . The Second Deferred Payment of US$2,500,000 is expected to be paid entirely [...]

Osisko Development Corp. announces the following corporate updates: DSU Grant As part of Osisko Development's regular annual remuneration program, the Company has granted an aggregate of 283,250 deferred share units of the Company to its independent directors in accordance with the DSU Plan of the Company. The DSUs will vest in accordance with the Company's DSU Plan, which is available on the Company's website at [...]

Osisko Development Corp. announces the results of its annual meeting of shareholders held on May 7, 2024. A total of 55,749,501 common shares were voted at the Meeting, representing approximately 66.27% 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 Directors Each of the [...]

Osisko Development Corp. reports its financial and operating results for the three months ended March 31, 2024 . Q1 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: 619 ounces of gold sold by the Company from operating activities in the first quarter, comprising of 585 ounces of gold sold from the Trixie test mine , and the balance from the Cariboo Gold Project by processing stockpiles at a third-party [...]