Core Viewpoint - Osisko Development Corp. has successfully completed a prospectus offering of common shares, raising approximately US$143.75 million to fund drilling and exploration activities at its Cariboo Gold Project, which is seen as a pivotal moment for the company in 2026 [1][2]. Group 1: Offering Details - The company issued a total of 40,607,650 common shares at a price of US$3.54 per share, resulting in gross proceeds of US$143,751,081, including the full exercise of the underwriters' over-allotment option [1]. - The offering was conducted on a "bought deal" basis with underwriters including National Bank Capital Markets, RBC Capital Markets, and Cantor as co-lead underwriters [1]. - A cash commission of 4.5% of the aggregate gross proceeds was paid to the underwriters in connection with the offering [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for infill conversion drilling and at-depth exploration at the Cariboo Gold Project, as well as for general working capital purposes [3]. - The company aims to accelerate infill conversion drilling to upgrade existing mineral resources to mineral reserves, potentially enhancing annual gold production [2]. Group 3: Insider Participation - Double Zero Capital LP, an insider of the company, purchased 8,080,000 common shares for gross proceeds of US$28,603,200, exercising its pre-emptive rights under an investor rights agreement [5]. - The transaction is classified as a "related party transaction" under Multilateral Instrument 61-101, and the company is relying on exemptions from formal valuation and minority shareholder approval requirements [5]. Group 4: Regulatory and Compliance - The offering is subject to final approval from the TSX Venture Exchange [6]. - The offering was completed in Canada and the United States through respective prospectus supplements filed with the appropriate regulatory authorities [4]. Group 5: Company Overview - Osisko Development Corp. is focused on developing its flagship Cariboo Gold Project in British Columbia, aiming to become an intermediate gold producer [8]. - The company also has a project pipeline that includes the Tintic Project in Utah, which has significant exploration potential [8].

MONTREAL, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of Ms. Sarah Harrison as Vice President, Permitting and Compliance, effective February 2, 2026. Ms. Harrison joins Osisko Development from JDS Energy & Mining Inc., where she most recently held the position of Project Manager within its Environmental Division. Ms. Harrison is a permitting and regulatory compliance professional with over 13 ...

Osisko Development Corp. (NYSE:ODV) is among the 11 Best Gold Stocks to Buy for 2026. Osisko Development Corp. (ODV) Announces $125M Bought Deal Offering On January 27, 2026, TheFly reported that Osisko Development Corp. (NYSE:ODV) announced a $125 million bought deal financing on behalf of a syndicate. National Bank Capital Markets, RBC Capital Markets, and Cantor are serving as co-lead underwriters and co-bookrunners. The underwriters decided to spend $125 million in gross proceeds for 35.31 million co ...

Core Viewpoint - Osisko Development Corp. has successfully completed the sale of its 100% interest in the San Antonio Gold Project to Axo Copper Corp., marking a significant transaction for the company [1]. Group 1: Transaction Details - Osisko Development received 15,325,841 common shares of Axo, representing 9.99% of Axo's issued and outstanding common shares on a non-diluted basis at the closing of the transaction [2]. - The company is entitled to contingent deferred payments, including a cash payment equal to 70% of any Mexican value-added tax refund due to Sapuchi Mexico, and a payment of US$2,000,000 upon the public filing of a feasibility study by Axo [6]. - If Axo raises at least US$10,000,000 in equity financing, Osisko Development will retain a 9.99% interest in Axo, with specific conditions based on the issue price of the shares [2][6]. Group 2: Company Overview - Osisko Development Corp. is focused on developing past-producing mining camps with district-scale potential, aiming to become an intermediate gold producer through its flagship Cariboo Gold Project in British Columbia, Canada [4]. - The company also has a project pipeline that includes the Tintic Project in Utah, which has significant exploration potential and access to established infrastructure [4]. - Osisko Development emphasizes a disciplined approach to capital allocation, development risk management, and mineral inventory growth in mining-friendly jurisdictions [4].

THE BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE CANADIAN PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, UNDER THE COMPANY'S ISSUER PROFILE ON SEDAR+. MONTREAL, Jan. 26, 2026 (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 Capital Markets, RBC Capital Markets and Cantor, as co-lead underwriters and co-bookrunners, on behalf of a syndicate of underwr ...

Core Viewpoint - Osisko Development Corp. reported a tragic incident involving a contractor at the Cariboo Gold Project, leading to a temporary suspension of activities for investigation [1][2]. Group 1: Incident Details - A contractor suffered a fatal injury on January 22, 2026, at the Cariboo Gold Project in British Columbia [1]. - The company has notified authorities and an investigation is currently underway [1]. Group 2: Company Response - The Chairman and CEO expressed deep sadness over the incident and extended condolences to the affected individual's family and colleagues [2]. - The health, safety, and wellbeing of all employees and contractors at the project is stated as the company's highest priority [2]. - Activities at the project have been temporarily suspended to facilitate the investigation [2]. Group 3: Company Overview - Osisko Development Corp. is focused on developing gold mining projects in North America, particularly the Cariboo Gold Project [3]. - The company aims to become an intermediate gold producer and has a project pipeline that includes the Tintic Project in Utah [3]. - The strategy emphasizes developing long-life, socially and environmentally responsible mining assets while minimizing development risks [3].

Core Insights - Seeking Alpha introduces Jeff Scott as a new contributing analyst, encouraging others to share investment ideas for publication and potential earnings [1] Analyst Background - Jeff Scott has over 30 years of experience as a retail investor and has worked for a prominent self-made billionaire and a large private equity firm, gaining significant industry knowledge [2] - His expertise spans the aviation and defense industries, with a keen focus on energy options, including fuel and oil, and has recently expanded to precious metals such as gold, silver, and copper [2] - Jeff's investment style is primarily value-oriented, seeking price-to-value disparities and supported by fundamental analysis, with some influence from technical indicators [2]

Core Viewpoint - Osisko Development Corp. has acquired 8,571,429 units of Niobay Metals Inc. for a total of $1,200,000.06 through its subsidiary Barkerville Gold Mines Ltd. as part of a private placement, which includes common shares and purchase warrants [1] Group 1: Acquisition Details - The acquisition price was $0.14 per unit, consisting of one common share and one warrant per unit [1] - Prior to the offering, Osisko Development held 9,857,143 common shares, representing approximately 7.4% of the total issued shares, and an additional 4,615,400 shares with Electric Elements Mining Corp., totaling 10.8% [2][3] - After the offering, Osisko Development's ownership increased to 18,428,572 common shares and 8,571,429 warrants, representing approximately 9.9% of the issued shares on a basic basis and 13.8% on a partially diluted basis [4][5] Group 2: Future Intentions - The securities were acquired for investment purposes, and Osisko Development may acquire additional shares or securities of Niobay in the future depending on market conditions [7] - An early warning report regarding the acquisition will be filed with Canadian securities regulatory authorities and will be available on SEDAR+ [6] Group 3: Company Overview - Osisko Development Corp. is focused on developing gold mining projects in North America, aiming to become an intermediate gold producer [8] - The company is advancing its flagship Cariboo Gold Project in British Columbia and has additional projects in Utah and Mexico, emphasizing long-life and environmentally responsible mining assets [8]

Core Insights - Osisko Development Corp. has announced new infill drilling results from its ongoing 13,000-meter program at the Cariboo Gold Project, with a total of approximately 10,000 meters completed, representing about 72% of the planned drilling [2][3]. Drilling Program Overview - The infill drilling program commenced in August 2025 and is focused on the Lowhee Zone of the Cariboo Gold Project, which is 100% owned by the company [2]. - A total of 5,983 meters of drilling has been completed, with 3,704 meters reported in this release, indicating that approximately 44% of the planned drilling has been executed [5]. Assay Results - The assay results include significant gold grades, such as 8.56 grams per tonne (g/t) over 8.5 meters from a depth of 60.5 meters, and 16.95 g/t over 4.0 meters from 80 meters depth [5][6]. - The results are consistent with modelled reserve stopes and indicate potential for additional mineralization in previously unexplored areas [5][9]. Future Implications - The ongoing infill drilling is expected to refine production designs and sequencing, with the program set to conclude in the first quarter of 2026 [4][5]. - The data gathered will inform an updated local block model and may lead to the addition of new planned reserve stopes based on the final estimation process [9][10].

HIGHLIGHTS1 Fully-funded 70,000-meter exploration drill program launched with two drill rigs already operating at the Cariboo Gold Project site, and ramping up to six drill rigs as the program advances through the end of 2026Priority exploration targets and initial planned drilling: Cariboo Deep (~10,000 m, 11 holes) – targeting areas at depth beneath the existing deposit within the permitted Cariboo Gold Project mine plan boundary. Total existing mineral reserves and resources at CGP include 2.07 Moz Au of ...