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 ...

Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1] Group 1 - The author, Alberto, possesses a Master's degree in Business Economics and has a strong managerial and economic background, complemented by a solid quantitative foundation [1] - The investment strategy described is applicable across all sectors and types of stocks, making it broadly relevant for different investment approaches [1]

MONTREAL, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that it has entered into a securities purchase agreement dated November 21, 2025 (the "Purchase Agreement") with Axo Copper Corp. (TSXV:AXO) ("Axo") to sell its 100% interest in the San Antonio Gold Project ("San Antonio" or the "Project") located in the Sonora State, Mexico. Pursuant to the Purchase Agreement, Axo will acquire Sapuchi Minera S.A. de R.L. ...

Financial Position - As of September 30, 2025, the company had approximately $401.4 million in cash and cash equivalents, with $137.2 million (US$100.0 million) drawn under the US$450 million Appian financing facility[5]. - The company completed private placements for approximately $280.4 million (US$203.1 million) in gross proceeds during the quarter, including a "bought deal" of 58,560,000 units at US$2.05 per unit[4]. - The Company has no mines in commercial production and relies on financing for exploration and development activities, which may lead to significant dilution of shareholder equity[29]. - The Company may need to seek additional financing for the Cariboo Gold Project, which may not be available on favorable terms[34]. - The Company anticipates that the 2025 Financing Facility will be crucial for funding the construction of the Cariboo Gold Project[35]. Revenue Generation - The company generated $4.4 million in revenues from the sale of 877 gold ounces in Q3 2025, compared to $0.2 million in Q3 2024, indicating significant growth[5]. - The Tintic small-scale heap leach project sold 877 ounces of gold in Q3 2025, with operations expected to continue into Q4 2025[16]. Project Development - The ongoing 13,000-meter infill drilling program at the Cariboo Gold Project is expected to provide critical data for resource modeling and mine planning, with 6,900 meters completed to date[10]. - The company expects to complete the infill drilling program by Q1 2026, with full assays pending[10]. - The Cariboo Gold Project remains in the development stage with no certainty of achieving commercial production within anticipated timelines or costs[33]. - Actual results and costs for the Cariboo Gold Project may differ materially due to unforeseen geological conditions, equipment failures, and regulatory delays[34]. - The San Antonio Gold Project remains in care and maintenance, with plans to re-submit mining permit applications as the approval process gains traction[18]. Operational Challenges - Small-scale test mining at the Trixie test mine was suspended in December 2022, resumed in Q2 2023, and suspended again in December 2023, indicating high uncertainty in production continuity[30]. - The Company has not based its decision to continue operations at Trixie on a feasibility study, increasing the risk of economic and technical failure[30]. Leadership and Stakeholder Engagement - The company appointed Scott Smith as Vice President of Exploration, enhancing its leadership team[25]. - Subsequent to Q3 2025, the company acquired 6,250,000 units of Falco Resources Ltd. for an aggregate purchase price of $2.0 million, increasing its stake to approximately 15.9%[25]. - The Company is actively consulting with Indigenous nations and stakeholders regarding the Cariboo Gold Project, which may impact project timelines[36]. Regulatory and Reporting Considerations - The Company is subject to Canadian securities laws and reports mineral resources and reserves according to NI 43-101, which may not be comparable to U.S. reporting standards[31][32]. - The Company acknowledges that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from expectations[35].

Core Insights - Osisko Development Corp. reported its financial and operational results for Q3 2025, highlighting significant cash reserves and ongoing project developments [2][3]. Financial Highlights - The company had approximately $401.4 million in cash and cash equivalents as of September 30, 2025 [5]. - Revenues for Q3 2025 were $4.4 million, a substantial increase from $0.2 million in Q3 2024, generated from the sale of 877 gold ounces from the Tintic small-scale heap leach project [5]. - The company completed private placements for approximately $280.4 million (US$203.1 million) in gross proceeds during the quarter [4][5]. Project Developments - The Cariboo Gold Project is advancing with pre-construction activities and underground mine development, including a 13,000-meter infill drill program [4][9]. - The company sold 877 ounces of gold from the Tintic project and plans to continue small-scale operations into Q4 2025 [18]. - The San Antonio Gold Project remains in care and maintenance, with plans to re-submit mining permit applications [19]. Financing Activities - Osisko Development drew approximately $137.2 million (US$100.0 million) under a US$450 million financing facility with Appian Capital Advisory Limited [4][5]. - An additional private placement for approximately $82.5 million in gross proceeds was completed [4][5]. Upcoming Milestones - Key milestones for the Cariboo Gold Project include underground development completion in Q4 2025, with remaining costs estimated at $7.9 million [14]. - The company expects to complete the infill drilling program by Q1 2026, with remaining costs of $2.6 million [14].

MONTREAL, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of Mr. Scott Smith as Vice President, Exploration effective November 1, 2025. Mr. Smith joins from Prime Mining Corp. where he most recently served as Executive Vice President, Exploration until its acquisition by Torex Gold Resources Inc. in October 2025. "We are delighted to bolster our exploration team with Scott's appointment. He bring ...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the successful closing of its previously-announced oversubscribed private placement offering of 15,409,798 common shares of the Company (the "Common Shares") for aggregate gross proceeds of approximately C$82.5 million (the "Offering"). The Offering is compr ...

MONTREAL, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports that, on October 17, 2025, Osisko Development acquired, indirectly through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("BGM"), 6,250,000 units of Falco Resources Ltd. ("Falco") (each, a "Unit") at a price of C$0.32 per Unit for an aggregate purchase price of C$2,000,000, in connection with a "bought deal" private placement of 41,005,000 Units completed by ...