Osisko Development Files Early Warning Report Regarding Falco Resources Ltd.

Core Viewpoint - Osisko Development Corp. has acquired 6,250,000 units of Falco Resources Ltd. for C$2,000,000 as part of a private placement, increasing its stake in Falco [1] Group 1: Acquisition Details - The acquisition was made through Osisko Development's wholly-owned subsidiary, Barkerville Gold Mines Ltd. [1] - Each unit purchased consists of one common share and one-half of a common share purchase warrant [1] - The total offering by Falco consisted of 41,005,000 units [1] Group 2: Ownership Before and After the Offering - Prior to the offering, Osisko Development held 48,675,240 common shares and 1,790,000 warrants, representing approximately 16.0% of the issued common shares on a non-diluted basis and 16.5% on a partially diluted basis [2] - Following the completion of the offering, Osisko Development now owns 54,925,240 common shares and 4,915,000 warrants, representing approximately 15.9% of the issued common shares on a non-diluted basis and 17.1% on a partially diluted basis [3] Group 3: Future Intentions - The securities were acquired for investment purposes, and the company may acquire additional securities of Falco in the future depending on market conditions [5] - Osisko Development reserves the right to dispose of any or all of its securities at any time [5] Group 4: Company Overview - Osisko Development Corp. is focused on developing gold mining projects in North America, with a goal to become an intermediate gold producer [6] - The company is advancing its flagship Cariboo Gold Project and has additional projects in Utah and Mexico, emphasizing long-life and environmentally responsible mining assets [6]