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 certain 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 "O ...

MONTREAL, Oct. 14, 2024 (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 non-brokered private placement of units of the Company ("Units"), announced on September 4, 2024, pursuant to which the Company issued an aggregate of 19,163,410 Units at a price of US$1.80 per Unit for an overall offering size to approximately US$34.5 million, comprising (i) 13,426,589 Units at a price o ...

MONTREAL, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce, further to its news release dated October 1, 2024, that the first tranche of its offering was oversubscribed at the time of closing. The Company intends to seek to close further tranches of its non-brokered private placement for up to 13,888,888 units (the "Units") at a price of US$1.80 per Unit for additional gross proceeds to the Company of up to appro ...

Core Viewpoint - Osisko Development Corp. is proceeding with a second tranche of a non-brokered private placement due to strong market demand, aiming to raise up to approximately US$25 million [1][2]. Group 1: Offering Details - The second tranche will consist of up to 13,888,888 units priced at US$1.80 per unit [1]. - Each unit includes one common share and one warrant, with each warrant allowing the purchase of an additional common share at US$3.00, valid until October 1, 2029 [3]. - The anticipated closing date for the second tranche is around the week of October 14, 2024, pending necessary approvals [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be directed towards advancing the Cariboo Gold Project and Tintic Project, as well as for general corporate purposes [4]. Group 3: Company Overview - Osisko Development Corp. is focused on developing gold projects in mining-friendly jurisdictions, with the goal of becoming an intermediate gold producer [6]. - The company is advancing its 100%-owned Cariboo Gold Project in British Columbia, the Tintic Project in Utah, and the San Antonio Gold Project in Mexico, leveraging historical mining data and existing infrastructure [6].

MONTREAL, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the successful closing of the first tranche of its previously announced non-brokered private placement, announced on September 4, 2024, pursuant to which the Company issued 13,426,589 units of the Company (the "Units") at a price of US$1.80 per Unit for aggregate gross proceeds of approximately US$24.2 million (the "Offering"). The Company anticipates clo ...

MONTREAL, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or, the "Company") (NYSE: ODV, TSXV: ODV) is pleased to announce a non-brokered private placement of units of Osisko Development ("Units") at a price of USD $1.80 (the "Offering"), with each Unit consisting of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant of the Company (each, a "Warrant"), with each Warrant entitling the holder thereof to purchase one additional Commo ...

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three months ended June 30, 2024 ("Q2 2024"). Q2 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: 805 ounces of gold sold by the Company from operating activities in the second quarter, comprising of 790 ounces of gold sold from ...

Exhibit 99.1 OSISKO DEVELOPMENT CORP. . . . . . . . . . . . . . . . . . . Unaudited Condensed Interim Consolidated Financial Statements For the three and six months ended June 30, 2024 and 2023 Osisko Development Corp. Consolidated Statements of Financial Position As at June 30, 2024 and December 31 2023 (Unaudited) (tabular amounts expressed in thousands of Canadian dollars) | --- | --- | --- | --- | |---------------------------------------------------------------------|---------|-------------------------| ...

Osisko Development Corp. is a North American gold development company focused on past-producing mining camps located in mining friendly jurisdictions with district scale potential. The Company's objective is to become an intermediate gold producer by advancing its 100%-owned Cariboo Gold Project, located in central B.C., Canada, the Tintic Project in the historic East Tintic mining district in Utah, U.S.A., and the San Antonio Gold Project in Sonora, Mexico. In addition to considerable brownfield exploratio ...

For further information, visit our website at www.osiskodev.com or contact: sometimes unpredictable; the ability to continue current operations and exploration; risks relating to exploration, development and mining activities; fluctuations in the currency markets; environmental risks; and community, non-governmental and governmental actions and the impact of stakeholder actions. Readers are urged to consult the disclosure provided under the heading "Risk Factors" in the Company's annual information form for ...