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 [...]
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 [...]
