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Stock impact report

Osisko Development Closes US$57.5 Million Marketed Private Placement of Units [Canadian Business Journal (Canada)]

Osisko Development Corp. Common Shares (ODV) 
MONTREAL, Nov. 12, 2024 (GLOBE NEWSWIRE) —Osisko Development Corp.CompanyUnitsOfferingCondireSean Roosen, Chair and CEO of Osisko Development, commented:“The closing of this significantly oversubscribed offering – alongside the recently closed successful US$34.5 million non-brokered offering – places the Company in an excellent position to execute on key project de-risking milestones and pre-construction activities for the Cariboo Gold Project, including completion of an updated optimized feasibility study expected in Q2 2025. We are very excited to welcome Condire as a prominent shareholder. The strong support received in this offering from Condire and a number of other large long-term focused institutional investors is a testament to the quality and value of the Cariboo project along with a positive endorsement of our team. With an improved balance sheet and capital structure, the Company is primed for success ahead of a pivotal year.”Each Unit consists of one common share of the Co Show less Read more
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