Osisko Development Announces Annual Grant of Incentive Awards

Core Points - Osisko Development Corp. has granted a total of 1,273,900 stock options, 1,177,200 restricted share units (RSUs), and 229,573 deferred share units (DSUs) as part of its annual compensation review for senior officers, non-executive employees, and independent directors [1][2] - The stock options are exercisable at C$2.57 per common share and will expire on May 13, 2030, with vesting occurring in three equal parts over the next three years [2] - The Omnibus Plan, which governs these awards, was adopted on March 26, 2025, and allows for a maximum of 27,324,297 common shares to be issued under various incentive awards [3] Company Overview - Osisko Development Corp. is focused on gold development in North America, particularly in mining-friendly jurisdictions, with the goal of becoming an intermediate gold producer [5] - The company's flagship project is the Cariboo Gold Project in British Columbia, Canada, complemented by the Tintic Project in Utah and the San Antonio Gold Project in Mexico [5] - The strategy emphasizes developing long-life, socially and environmentally responsible mining assets while minimizing development risk and enhancing mineral resources [5]