Osisko Development Announces US$50 Million Marketed Private Placement Of Units [Yahoo! Finance]
Osisko Development Corp. Common Shares (ODV)
Company Research
Source: Yahoo! Finance
MONTREAL, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (" Osisko Development " or the " Company ") is pleased to announce that it has entered into an agreement with National Bank Financial Inc., Cantor Fitzgerald Canada Corp. and Eight Capital as co-lead agents (collectively, the " Lead Agents "), pursuant to which the Lead Agents have agreed to sell, on a "best efforts" agency basis, up to 27,778,000 units (" Units ") of the Company at a price of US$1.80 per Unit (the " Offering Price ") for aggregate gross proceeds of up to approximately US$50 million (the " Offering Each Unit consists of one common share of the Company (each, a " Common Share ") and one Common Share purchase warrant (each, a " Warrant "). Each Warrant shall entitle the holder thereof to purchase one Common Share (each, a " Warrant Share "), at a price of US$3.00 per Warrant Share on or prior to October 1, 2029. The Company has also granted the Lead Agents an option, exercis
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ODV
Sec Filings
- 11/21/24 - Form 6-K
- 11/13/24 - Form 6-K
- 11/13/24 - Form 6-K
- ODV's page on the SEC website