| Osisko Development Announces Annual Grant of Incentive Awards |
MONTREAL, May 13, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that, as part of the annual compensation review of its Board of Directors, it has granted an aggregate of (i) 1,273,900 stock options of the Company (the "Options") to certain senior officers and non-executive employees of the Company, (ii) 1,177,200 restricted share units of the Company ("RSUs") to certain senior officers and non-executive employees of the Company, and (iii) 229,573 deferred share units of the Company ("DSUs") to its independent directors (collectively, the "Incentive Awards"), in accordance with the terms of the Company's omnibus equity incentive plan ("Omnibus Plan"). |
globenewswire.com |
2025-05-13 22:59:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Results of Shareholders' Meeting |
MONTREAL, May 07, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces the results of its annual and special meeting of shareholders of the Company (the "Meeting") held on May 7, 2025. A total of 80,489,188 common shares were voted at the Meeting, representing approximately 58.9% of the total issued and outstanding common shares of the Company as of the record date of the Meeting. A summary of the results for the items voted at the Meeting are as follows: |
globenewswire.com |
2025-05-07 22:40:00 |
Czytaj oryginał (ang.) |
| Osisko Development Reports First Quarter 2025 Results |
(All dollar amounts are expressed in Canadian dollars, unless stated otherwise) MONTREAL, May 06, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three months ended March 31, 2025 ("Q1 2025"). Q1 2025 HIGHLIGHTS Operating, Financial and Corporate Updates: As of March 31, 2025, the Company had approximately $77.6 million in cash and cash equivalents. |
globenewswire.com |
2025-05-06 22:47:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Optimized Feasibility Study for Permitted Cariboo Gold Project with C$943 Million After-Tax NPV5% and 22.1% IRR at US$2,400/oz Base Case Gold Price; at US$3,300/oz Spot Gold C$2.1 Billion After-Tax NPV5% and 38.0% IRR |
(All dollar amounts are expressed in CAD dollars, unless stated otherwise) HIGHLIGHTS 1 Robust returns with base case after-tax NPV5% of $943 million, unlevered after-tax IRR of 22.1% and payback 2 of 2.8 years at $2,400/oz gold price assumption. Using spot gold price of $3,300/oz, NPV5% improves to $2,066 million, IRR 38.0%, and payback 2 of 1.6 years Average annual production of ~190,000 ounces of gold over a 10-year mine life (202,000 ounces in the first 5 years) with first gold anticipated in H2 2027, assuming construction commences in Q3 2025, subject to progress on ongoing project financing discussions Average TCC of US$947/oz and AISC of US$1,157/oz over the LOM, placing the Cariboo Gold Project within the lower half of the global cost curve for gold mines 3 Average base case LOM annual FCF of $158 million ($296 million per year in the first 5 years) Improved single-phase build over 24 months and direct ramp-up to 4,900 tpd with total initial capital cost of $881 million and sustaining capital of $525 million over the LOM Streamlined processing facilities into a single location and improved flowsheet design with incorporation of a gravity circuit and production of higher-grade concentrate product Strong support for local employment with up to 613 direct jobs created during peak construction and 525 permanent jobs during operations Significant opportunities to potentially enhance Project economics and extend mine life through conversion of Mineral Resources adjacent to Mineral Reserves through infill drilling MONTREAL, Québec, April 28, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the results of a positive optimized Feasibility Study ("2025 FS") for its permitted, 100%-owned Cariboo Gold Project ("Cariboo Gold" or the "Project"), located in central British Columbia ("BC"), Canada. |
globenewswire.com |
2025-04-28 11:00:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Supplemental Listing of Warrants |
MONTREAL, April 14, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that its common share purchase warrants (the "Warrants") issued pursuant to private placements completed by the Company between October and November of 2024 will be listed for trading on the TSX Venture Exchange (the "TSXV") under the symbol "ODV.WT.V". The Warrants are expected to be listed for trading on the TSXV effective as of the opening of markets on April 17, 2025. |
globenewswire.com |
2025-04-14 21:15:00 |
Czytaj oryginał (ang.) |
| Osisko Development Reports Fourth Quarter and Year-End 2024 Results |
(All dollar amounts are expressed in Canadian dollars, unless stated otherwise) MONTREAL, March 28, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2024 ("Q4 2024"). Q4 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: As of December 31, 2024, the Company had approximately $106.7 million in cash and cash equivalents. |
globenewswire.com |
2025-03-28 22:50:00 |
Czytaj oryginał (ang.) |
| VIDEO - CEO Clips - Osisko Development Corp.: Advancing One of Canada's Newly Permitted Underground Gold Mines |
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Osisko Development Corp. (NYSE: ODV) (TSX: ODV) - Reviving historic mining camps in North America, Osisko is advancing one of Canada's newly fully permitted underground gold mines in British Columbia. Supported by a large gold resource in a tier 1 jurisdiction, the Cariboo Gold project is positioned to deliver attractive growth relying on high-efficiency bulk tonnage production, while supporting the future of responsible mining that benefits all. |
newsfilecorp.com |
2025-03-18 16:30:00 |
Czytaj oryginał (ang.) |
| Osisko Development Corp. Exhibiting at Booth 2821, PDAC 2025 Convention in Toronto, March 2-5 |
Montreal, Quebec--(Newsfile Corp. - February 28, 2025) - Visit Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) at Booth #2821 at the Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2 to Wednesday, March 5, 2025. About Osisko Development Corp. Osisko Development Corp. is a North American gold development company focused on past-producing mining camps located in mining friendly jurisdictions with district scale potential. |
newsfilecorp.com |
2025-02-28 20:00:00 |
Czytaj oryginał (ang.) |
| Osisko Development Intercepts 13.61 g/t Gold Over 4.15 Meters in Initial Infill Drilling at QR Mine Prospect, Cariboo Gold Project |
MONTREAL, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce drilling results from its 2024 initial exploration and historic data validation infill drill campaign at its Quesnel River Mine Prospect ("QR Mine Prospect") within the Company's wider 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada. |
globenewswire.com |
2025-02-03 10:01:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Senior Management Update |
MONTREAL, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of David Rouleau as Vice President, Project Development. This appointment aligns with the Company's strategic focus on building an operations-driven team to advance its flagship 100%-owned Cariboo Gold Project located in central British Columbia, Canada. The Company also announces that Éric Tremblay, Chief Operating Officer, is leaving the Company effective immediately to pursue other professional commitments in the mining sector. In addition to his appointed role, Mr. Rouleau will provide senior leadership support during the transition period until a permanent COO is appointed and he will take an active role in advancing operational readiness efforts for the Cariboo Gold Project. The Company has initiated an executive search process for the COO role, and will provide an update in due course. |
globenewswire.com |
2025-01-09 09:00:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Grant of Deferred Share Units |
MONTREAL, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that it has granted 80,000 deferred share units ("DSUs") of the Company to Mr. Stephen Quin, an independent director, as part of his recent appointment to the Company's board of directors announced on December 5, 2024. |
globenewswire.com |
2024-12-19 21:30:00 |
Czytaj oryginał (ang.) |
| Osisko Development Provides Bulk Sample and Underground Development Progress Update at Cariboo Gold Project |
MONTREAL, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to provide a progress update for its ongoing bulk sample and underground development activities at its 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada. |
globenewswire.com |
2024-12-13 10:30:00 |
Czytaj oryginał (ang.) |
| CEO.CA Presents: Exclusive Interviews From Mines & Money CEOs |
Toronto, Ontario--(Newsfile Corp. - December 13, 2024) - CEO.CA Technologies Ltd. ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares coverage from the recent Mines & Money @ Resourcing Tomorrow conference in London. |
newsfilecorp.com |
2024-12-13 08:44:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Change to the Board of Directors |
MONTREAL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that Ms. Marina Katusa has resigned from the Company's board of directors (the "Board") effective immediately. |
globenewswire.com |
2024-12-12 19:25:00 |
Czytaj oryginał (ang.) |
| Osisko Development Receives BC Mines Act Permits for Cariboo Gold Project; Environmental Management Act Permits Referred |
MONTREAL, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the approval of the BC Mines Act permits for its 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada. The approval of these permits marks an important milestone in enabling the Company to move forward with the construction and operation of the underground Cariboo Gold Project. |
globenewswire.com |
2024-11-20 23:39:00 |
Czytaj oryginał (ang.) |
| Osisko Development Reports Third Quarter 2024 Results |
(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three months ended September 30, 2024 ("Q3 2024"). Q3 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: As at September 30, 2024, the Company had approximately $40.8 million in cash and cash equivalents. |
globenewswire.com |
2024-11-13 09:00:00 |
Czytaj oryginał (ang.) |
| Osisko Development Closes US$57.5 Million Marketed Private Placement of Units |
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 US$1.80 per Unit, including the exercise in full of the Agents' option, for aggregate gross proceeds of approximately US$57.5 million (the "Offering"). The Offering included a lead order from Condire Investors, LLC ("Condire"), an investment firm based in Dallas, Texas, resulting in an approximate 8.8% holding in the Company's issued and outstanding common shares immediately following the closing of the Offering (on a non-diluted basis). Concurrently with the Offering, the Company and Condire have agreed to find a mutually agreeable addition to the Company's Board of Directors or, alternatively, a Board observer. |
globenewswire.com |
2024-11-12 13:40:00 |
Czytaj oryginał (ang.) |
| Osisko Development Provides Update for Cariboo Gold Project |
MONTREAL, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that the Mines Act permit for its 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada has been referred for decision to the statutory decision maker in the BC Ministry of Energy, Mines and Low Carbon Innovation. The review of the Environmental Management Act permits has been completed, as well, and the Company is awaiting referral thereof to the statutory decision maker in the immediate future. The Company anticipates receiving final decisions in Q4 2024. |
globenewswire.com |
2024-11-07 22:33:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Oversubscribed and Fully Allocated Private Placement of Units |
US$57.5 Million Brokered Private Placement (Including Exercise In Full of Option) Expected to close November 12, 2024 US$57.5 Million Brokered Private Placement (Including Exercise In Full of Option) Expected to close November 12, 2024 |
globenewswire.com |
2024-10-24 23:14:00 |
Czytaj oryginał (ang.) |
| Osisko Development Announces Oversubscribed and Fully Allocated Private Placement of Units |
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES US$57.5 Million Brokered Private Placement (Including Exercise In Full of Option) Expected to close November 12, 2024 MONTREAL, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce its private placement offering ("Offering") of units of the Company ("Units"), announced on October 23, 2024, was oversubscribed and has been fully allocated. This Offering is expected to close on or about November 12, 2024, pursuant to which an aggregate of 31,944,700 Units are expected to be issued at a price of US$1.80 per Unit for gross proceeds of US$57,500,460 (including the exercise in full of the agents' option). |
globenewswire.com |
2024-10-24 21:24:00 |
Czytaj oryginał (ang.) |