Osisko Development Secures US$450 Million Financing Facility to Develop the Cariboo Gold Project

HIGHLIGHTS US$450 million project loan facility secured from new strategic partner Appian Capital Advisory to fund the development and construction of the Cariboo Gold Project in B.C., Canada US$100 million initial draw enables the Company to accelerate project pre-construction activities and materially de-risk the ProjectUS$350 million in subsequent draws available on a final investment decision subject to certain customary project milestones and conditions precedent Strong endorsement and cornerstone fina ...