OSISKO DEVELOPMENT CORP.


Associated tags: ODV, Gold, News, NYSE, Mining

Locations: NORTH AMERICA, SAN ANTONIO, UTAH, SALT LAKE CITY, MI, TORONTO, ONTARIO, MONTRÉAL, QC, CA

Osisko Development Announces Filing of Technical Report for the Newly-Acquired Tintic Project and Producing Underground Trixie Mine

Retrieved on: 
Friday, June 10, 2022

These forwardlooking statements, by their nature, require Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forwardlooking statements.

Key Points: 
  • These forwardlooking statements, by their nature, require Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forwardlooking statements.
  • Forwardlooking statements are not guarantees of performance.
  • The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law.
  • No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Osisko Development Engages Hybrid Financial

Retrieved on: 
Thursday, June 9, 2022

MONTRAL, June 09, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or the "Company") (ODV: TSX-V), has entered into a marketing agreement (the "Hybrid Agreement") with Hybrid Financial Ltd. ("Hybrid") pursuant to which, among other things, Hybrid has agreed to provide certain investor relations services to the Company in accordance with Policy 3.4 Investor Relations, Promotional and Market-Making Activities of the TSX Venture Exchange (the "Exchange").

Key Points: 
  • MONTRAL, June 09, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or the "Company") (ODV: TSX-V), has entered into a marketing agreement (the "Hybrid Agreement") with Hybrid Financial Ltd. ("Hybrid") pursuant to which, among other things, Hybrid has agreed to provide certain investor relations services to the Company in accordance with Policy 3.4 Investor Relations, Promotional and Market-Making Activities of the TSX Venture Exchange (the "Exchange").
  • Through Hybrid's engagement, the Company hopes to heighten market awareness for Osisko Development and broaden the Company's reach within the investment community
    There are no performance factors contained in the Hybrid Agreement and Hybrid will not receive common shares or options as compensation.
  • Further, Hybrid and the Company are unrelated and unaffiliated entities and, at the time of the Hybrid Agreement, neither Hybrid nor any of its principals have an interest, directly or indirectly, in the securities of the Company.
  • In particular, this news release contains forward-looking statements pertaining to increasing market awareness for Osisko Development and its business and its strategic corporate vision for growing Osisko Development's awareness in the market.

Osisko Development Completes Acquisition of Tintic Consolidated Metals, Finalizes Binding Stream Terms and Satisfies Escrow Release Condition for Brokered Subscription Receipt Financing

Retrieved on: 
Monday, May 30, 2022

For additional details regarding the Transaction, please refer to the Companys news release dated January 25, 2022.

Key Points: 
  • For additional details regarding the Transaction, please refer to the Companys news release dated January 25, 2022.
  • Through underground exploration, we hope to continue to expand the mineralization footprint along the T2 and T4 zones.
  • We have engaged drilling contractors and look forward to sharing the results with you as we progress the understanding of this ground.
  • For further information about Osisko Development Corp., please contact:
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Osisko Development Announces NYSE Listing and Satisfaction of Escrow Release Condition for US$119.4 Million Subscription Receipt Financing

Retrieved on: 
Friday, May 27, 2022

These forwardlooking statements, by their nature, require Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forwardlooking statements.

Key Points: 
  • These forwardlooking statements, by their nature, require Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forwardlooking statements.
  • The forward looking statements set forth herein concerning Osisko Development reflect management's expectations as at the date of this news release and are subject to change after such date.
  • Osisko Development disclaims any intention or obligation to update or revise any forward looking statements, as a result of new information, future events or otherwise, other than as required by law.
  • No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Osisko Development Announces Upsize of "Bought Deal" Private Placement to $90 Million

Retrieved on: 
Wednesday, February 9, 2022

MONTRÉAL, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or the "Company") (TSXV: ODV) is pleased to announce, further to its previously-announced "bought deal" private placement, that it has entered into an amended letter of engagement with Eight Capital, under which Eight Capital, acting as co-lead underwriter and joint bookrunner with BMO Nesbitt Burns Inc. and National Bank Financial Inc., and on behalf of a syndicate of underwriters including Canaccord Genuity Corp., RBC Capital Markets, PI Financial Corp. and Desjardins Securities Inc. (collectively, the "Underwriters"), has now agreed to purchase, on a "bought deal" private placement basis, an aggregate of 20,225,000 subscription receipts of the Company (the "Subscription Receipts") and/or units of the Company (the "Units" and, together with the Subscription Receipts, the "Offered Securities") at a price of $4.45 per Offered Security (the "Issue Price"), for aggregate gross proceeds of $90,001,250 (the "Offering").

Key Points: 
  • Each Subscription Receipt will entitle the holder thereof to receive, upon the satisfaction of the Escrow Release Condition (as defined below), and without payment of additional consideration, one Unit.
  • Osisko Development Corp. is uniquely positioned as a premier gold development company in North America to advance the Cariboo Gold Project and other Canadian and Mexican properties, with the objective of becoming the next mid-tier gold producer.
  • The considerable exploration potential at depth and along strike distinguishes the Cariboo Gold Project relative to other development assets as does the historically low, all-in discovery costs of US$19 per ounce.
  • For further information about Osisko Development Corp., please contact:

Osisko Development Announces $40 Million "Bought Deal" Private Placement

Retrieved on: 
Wednesday, February 9, 2022

MONTRÉAL, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or the "Company") (TSXV: ODV) is pleased to announce that it has entered into a letter of engagement with Eight Capital, under which Eight Capital, acting as co-lead underwriter and joint bookrunner with BMO Nesbitt Burns Inc. and National Bank Financial Inc., and on behalf of a syndicate of underwriters (collectively, the "Underwriters"), has agreed to purchase, on a "bought deal" private placement basis, an aggregate 9,000,000 subscription receipts of the Company (the "Subscription Receipts") and/or units of the Company (the "Units" and, together with the Subscription Receipts, the "Offered Securities") at a price of $4.45 per Offered Security (the "Issue Price"), for aggregate gross proceeds of $40,050,000 (the "Offering").

Key Points: 
  • Each Subscription Receipt will entitle the holder thereof to receive, upon the satisfaction of the Escrow Release Condition (as defined below), and without payment of additional consideration, one Unit.
  • Osisko Development Corp. is uniquely positioned as a premier gold development company in North America to advance the Cariboo Gold Project and other Canadian and Mexican properties, with the objective of becoming the next mid-tier gold producer.
  • The Cariboo Gold Project, located in central British Columbia, Canada, is Osisko Development's flagship asset with measured and indicated resource of 21.44 million tonnes at 4.6 g/t Au for a total of 3.2 million ounces of gold and inferred resource of 21.69 million tonnes at 3.9 g/t Au for a total of 2.7 million ounces of gold.
  • For further information about Osisko Development Corp., please contact: