Osisko Development Corp. is pleased to report its financial and operating results for the three and twelve months ended December 31, 2022. Sean Roosen, Chairman and CEO, commented, "2022 was a transformational year for the company with the addition of another cornerstone asset, the Tintic Project, to our portfolio of advanced stage brownfield [...]
Osisko Development Corp. is pleased to announce that the Company has received the required approvals of the Company's Board of Directors and made an application to the TSX Venture Exchange to reduce the exercise price of the common share purchase warrants issued in 2022 under the following brokered and non-brokered private placements, as summarized [...]
Osisko Development Corp. is pleased to announce the successful completion of its previously-announced bought deal public offering of an aggregate of 7,841,850 units of the Company at a price of $6.60 per Unit, for aggregate gross proceeds of approximately $51.8 million , including the full exercise of the over-allotment option. Each Unit is [...]
Osisko Development Corp. is pleased to announce that the Company has agreed to issue 10,000 common shares of the Company in accordance with the terms of a participation agreement dated June 10, 2022 with the Williams Lake First Nation , relating to the Company's 100%-owned Cariboo Gold Project located in central British Columbia. Pursuant to the [...]
MONTRÉAL, Feb. 09, 2023 -- Osisko Development Corp. is pleased to announce that it has entered into an agreement with Eight Capital and National Bank Financial Inc., as co-lead underwriters and joint bookrunners, and on behalf of a syndicate of underwriters , under which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate [...]
Osisko Development Corp. announces the filing of a technical report in relation to the initial mineral resource estimate for the Company's 100%-owned underground Trixie deposit , within the Company's wider Tintic Project , located in central Utah, U.S.A. Highlights from the previously-announced Trixie MRE disclosed in the Company's news release [...]
213 koz of Gold grading 28.1 g/t and 385 koz of Silver grading 50.8 g/t in Measured and Indicated Resources1243 koz of Gold grading 19.6 g/t and 530 koz of Silver grading 42.8 g/t in Inferred Resources1 MONTREAL, Jan. 17, 2023 -- Osisko Development Corp. is pleased to announce an initial mineral resource estimate for its 100%-owned underground [...]
264.00 g/t Au and 511.00 g/t Ag over 1.22 m in drilling 2,311.18 g/t Au and 1,146.46 g/t Ag over 2.29 m in underground chip sampling MONTREAL, Jan. 11, 2023 -- Osisko Development Corp. is pleased to announce drilling and underground chip sampling results from new development areas as part of its ongoing exploration program at its 100%-owned Trixie [...]
Osisko Development Corp. announces that the Company has filed a technical report, in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects , for the Company's 100%-owned Cariboo Gold Project , titled "Feasibility Study for the Cariboo Gold Project, District of Well, British Columbia, Canada" and dated January 10 [...]
163,695 Ounces of Average Annual Gold Production Over 12 Year Mine Life Bulk Tonnage UG Mining with Ore Sorting to Minimize Cost & Environmental Footprint Initial Probable Mineral Reserves of 2.03 Moz of Gold After-tax NPV5% of C$502 Million and 20.7% IRR at US$1,700/oz Au EA Certificate Process Progressed to Final Effects Assessment Phase [...]
Osisko Development Corp. is pleased to announce the appointment of David Danziger as an Independent Non-Executive Director to the Company's Board of Directors, effective December 14, 2022. Mr. Danziger is a Chartered Professional Accountant with over 30 years of experience in audit, accounting and management consulting and has over 25 years of [...]
Osisko Development Corp. is pleased to announce sampling results from its ongoing underground exploration program at its 100%-owned Trixie test mine, within the Company's wider Tintic Project. ASSAY HIGHLIGHTS: Assay highlights include 702 chip samples from 177 mine faces at Trixie. A length-weighted composite for each face Site ID is presented in [...]