NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Oct. 29, 2025 (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 oversubscribed private placement offering of 15,409,798 common shares of the Company (the "Common Shares") for aggregate gross proceeds of approximately C$82.5 million (the "Offering"). The Offering is compr ...

Core Viewpoint - Wallbridge Mining Company Limited has announced a public offering of Charity Flow-Through Units and Hard Dollar Units, aiming for gross proceeds of up to approximately C$15 million [1][2]. Offering Details - The offering will consist of 65,000,000 Charity Flow-Through Units priced at C$0.15 each, targeting gross proceeds of up to C$10 million, and 45,000,000 Hard Dollar Units priced at C$0.11 each, targeting gross proceeds of up to C$5 million [2]. - Each Charity Flow-Through Unit includes one common share (FT Share) and one common share purchase warrant (Warrant), while each Hard Dollar Unit includes one common share (Hard Dollar Share) and one Warrant [2]. - The Warrant allows the holder to purchase one Common Share at an exercise price of C$0.15 for a period of 36 months following the closing date [3]. Use of Proceeds - The net proceeds from the offering will be allocated to the advancement of the Fenelon and Martiniere projects, as well as for general corporate purposes [4]. Regulatory and Closing Information - The offering is expected to close on or about October 31, 2025, pending necessary regulatory approvals [5]. - The units will be offered via a prospectus supplement to the existing base shelf prospectus filed on January 2, 2024, across Canadian provinces and territories, excluding Quebec, and may also be offered through private placement in the United States [5]. Company Overview - Wallbridge Mining focuses on the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position of 598 km² along the Detour-Fenelon gold trend [7].

Core Viewpoint - Osisko Development Corp. has increased its "bought deal" financing to C$60 million due to excess demand, indicating strong investor interest and confidence in the company's projects [1]. Financing Details - The financing will consist of three tranches of shares under the LIFE Exemption, generating gross proceeds of C$49,999,980 [2]. - A concurrent private placement will issue 2,092,100 Common Shares at C$4.78 per share, raising gross proceeds of C$10,000,238 [2]. Use of Proceeds - The net proceeds, approximately C$30 million, will be allocated to the capital required for the construction of the Cariboo Gold Project and related pre-construction activities [3]. Offering Structure - The LIFE Offering includes 2,990,000 National Flow-Through Shares at C$6.69 per share for gross proceeds of C$20,003,100, and 1,444,000 British Columbia Flow-Through Shares at C$6.93 per share for gross proceeds of C$10,006,920 [7]. - The Common Shares will also include 4,182,000 shares at C$4.78 per share for gross proceeds of C$19,989,960 [7]. Closing Timeline - The closing of the LIFE Offering and the Concurrent Private Placement is expected on or about October 29, 2025, subject to regulatory approvals [5]. Company Overview - Osisko Development Corp. is focused on developing gold projects in mining-friendly jurisdictions, aiming to become an intermediate gold producer through its flagship Cariboo Gold Project [10].

Core Points - Cascade Copper Corp. has successfully closed the final tranche of a non-brokered private placement, raising a total of $401,255 across three tranches [1][2] - The final tranche raised $123,255, consisting of 1,000,000 Critical Minerals Flow-Through units at $0.04 each and 2,378,714 Non-Flow-Through Units at $0.035 each [1][2] - The proceeds from the Flow-Through Shares will be used for eligible Critical Mineral Canadian Exploration Expenses, primarily funding exploration programs in Ontario and British Columbia [5] Offering Details - The Offering included 2,875,000 Critical Minerals FT Units and 8,178,713 NFT Units across all tranches [2] - Each unit consists of one common share and one-half common share purchase warrant, with full warrants exercisable at $0.07 for 24 months [2] - The Offering is subject to regulatory approvals and a four-month hold period on the issued securities [3][6] Insider Participation - The Offering included participation from insiders, which is classified as a related party transaction [4] - The Company is relying on exemptions from valuation requirements and minority approval due to the subscription value being less than 25% of the Company's market capitalization [4] Company Overview - Cascade Copper is focused on the exploration of copper and gold mineral resources, with projects in British Columbia and Ontario [8] - The Company employs modern technology for exploration, including 3D inversion modeling and AI-enhanced predictive modeling [8] - Cascade has five key projects, including the Copper Plateau Copper-Moly Project and the Rogers Creek Copper-Gold Project [8]

Core Viewpoint - White Gold Corp. has announced a brokered private placement offering of premium flow-through units, flow-through common shares, and units to raise capital for exploration activities in the Yukon Territory [1][5][6] Group 1: Offering Details - The offering includes Premium Flow-Through Units priced at $1.17, Flow-Through Shares at $1.00, and Units at $0.85, with each Unit consisting of one common share and one-half of a warrant [1] - The total gross proceeds from the offering could reach up to $3,000,000 if the Agents exercise their option to sell additional Offered Securities [1][8] - The closing date for the offering is anticipated to occur on or about October 9, 2025, pending regulatory approvals [7] Group 2: Company Background - White Gold Corp. owns a portfolio of 15,364 quartz claims across 21 properties, covering 305,102 hectares, representing approximately 40% of the White Gold District in Yukon [3][10] - The flagship White Gold project contains an estimated 1,732,300 ounces of gold in Indicated Resources and 1,265,900 ounces in Inferred Resources, with significant potential for resource expansion [3][10] Group 3: Use of Proceeds - Proceeds from the sale of Premium Flow-Through Units and Flow-Through Shares will be allocated to exploration expenditures on properties in the White Gold District before December 31, 2026 [5] - Proceeds from the sale of Units are expected to be used for general corporate expenses [5] Group 4: Participation and Rights - Agnico Eagle Mines Limited has the right to participate in the offering to maintain its approximate 19.8% interest in the Company [2] - Participation by Agnico and other insiders will be considered a related party transaction, exempting the Company from certain formal valuation requirements [8]

Core Viewpoint - Goliath Resources Limited has amended the exercise price of common share purchase warrants related to its recent private placements, which include a "bought deal" offering and a concurrent offering, with the new exercise price set at C$2.12 per share [4]. Group 1: Offerings and Financial Details - The Company is conducting a "bought deal" private placement of 6,310,000 common shares at a price of C$3.17 per share, aiming for gross proceeds of C$20,002,700 [1]. - A concurrent offering of up to 1,281,545 Charity Flow-Through Shares is also being conducted at the same price of C$3.17 per share, targeting gross proceeds of up to C$4,062,500 [1]. - The Underwriters will receive a cash commission of 6.0% of the gross proceeds from the Bought Deal Offering and warrants equal to 6.0% of the shares sold [2]. - Finders involved in the Concurrent Offering will receive a similar compensation structure, including a cash fee of 6.0% and warrants [3]. Group 2: Amendments and Regulatory Approvals - The exercise price for both the Broker Warrants and Finder's Warrants has been amended from C$1.95 to C$2.12 per common share, while other terms remain unchanged [4]. - The closing of both the Bought Deal Offering and the Concurrent Offering is subject to regulatory approvals, including that of the TSX Venture Exchange [5]. Group 3: Company Background - Goliath Resources Limited is focused on exploring precious metals projects in the Golden Triangle of northwestern British Columbia, with all projects located in favorable geological and geopolitical settings [7]. - The Company has strategic cornerstone shareholders, including Crescat Capital and McEwen Mining Inc., indicating strong backing in the industry [7].

Core Viewpoint - New Found Gold Corp. has successfully closed the first tranche of its public offering, raising a total of C$56,129,100 through the issuance of charity flow-through common shares and common shares [1][2][4]. Group 1: Offering Details - The first tranche of the offering included 15,265,000 charity flow-through common shares and 4,370,000 common shares, generating gross proceeds of C$42,079,950 [2]. - The second tranche will consist of an additional 6,135,000 charity flow-through common shares, expected to raise C$14,049,150, and is anticipated to close around June 12, 2025 [4]. - The total gross proceeds from both tranches will be used for Canadian exploration expenses related to the Queensway Gold Project [8]. Group 2: Underwriting and Fees - The offering was conducted under an underwriting agreement with a syndicate led by BMO Capital Markets and included several other financial institutions [3]. - The company paid the underwriters a cash fee of C$2,075,959, which is 5.25% of the gross proceeds from the first tranche, excluding certain sales [7]. Group 3: Use of Proceeds - Proceeds from the charity flow-through common shares will be allocated to eligible Canadian exploration expenses related to the Queensway Gold Project, with all qualifying expenditures to be renounced in favor of the subscribers by December 31, 2025 [8]. - The net proceeds from the common shares will be utilized to advance the Queensway Project and for general corporate purposes [9]. Group 4: Company Background - New Found Gold holds a 100% interest in the Queensway Gold Project, located in Newfoundland and Labrador, which is recognized for its excellent infrastructure and skilled workforce [13]. - The company has completed an initial mineral resource estimate at Queensway and is currently conducting a fully funded preliminary economic assessment [13][14].