Workflow
Osisko Development Closes US$57.5 Million Marketed Private Placement of Units
ODVOsisko Development (ODV) GlobeNewswire News Room·2024-11-12 16:40

MONTREAL, Nov. 12, 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 private placement of 31,946,366 units of the Company ("Units") at a price of US1.80perUnit,includingtheexerciseinfulloftheAgentsoption,foraggregategrossproceedsofapproximatelyUS1.80 per Unit, including the exercise in full of the Agents' option, for aggregate gross proceeds of approximately US57.5 million (the "Offering"). The Offering included a lead order from Condire Investors, LLC ("Condire"), a ...