Osisko Development Corp., a gold mining company, engages in the exploration, evaluation, and development of mining projects. The company's flagship project is the Cariboo Gold project covering an area of 2,071 square kilometers of mineral rights located in British Columbia, Canada. It also holds interest in James Bay Properties located in Québec, canada; and San Antonio Gold Project and Guerrero Properties located in Guerrero, Mexico. The company is headquartered in Montreal, Canada. Osisko Development Corp. operates as a subsidiary of Osisko Gold Royalties Ltd.
IPO Year: 2022
Exchange: NYSE
Website: https://osiskodev.com
MONTREAL, June 16, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE:ODV, TSXV:ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of Ms. Susan Craig as independent director to the Company's board of directors effective immediately. "We are very pleased to welcome Susan to our board of directors," commented Sean Roosen, Founder, Chairman and CEO. "Susan brings a wealth of experience in environmental stewardship, Indigenous and community engagement, and permitting across a range of jurisdictions and of note in British Columbia. Her leadership in navigating high-profile projects through regulatory frameworks, combined with her deep understanding of comm
MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE:ODV, TSXV:ODV) ("Osisko Development" or the "Company") announces the filing of a technical report (the "Technical Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") in respect of the feasibility study ("2025 FS") for its permitted, 100%-owned Cariboo Gold Project (the "Cariboo Gold Project"), located in central British Columbia, Canada. The Technical Report, titled "NI 43-101 Technical Report, Feasibility Study for the Cariboo Gold Project, District of Wells, British Columbia, Canada" and dated June 11, 2025 (with an effective date of April 2
MONTREAL, May 29, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE:ODV, TSXV:ODV) ("Osisko Development" or the "Company") announces that, in accordance with the terms of the Company's previously-completed acquisition in May 2022 of a 100% ownership interest in the Tintic Project, located in Utah, U.S.A., (the "Tintic Acquisition"), the Company intends to satisfy the third of five deferred payments (the "Third Deferred Payment") to certain sellers of the Tintic Project (the "Sellers") in common shares of the Company ("Common Shares"). The Third Deferred Payment of US$2,500,000 (or C$3,432,750 based on a USD/CAD exchange rate of 1.3731) is expected to be paid entirely in Common Share
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 equi
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: 1. Election of Directors Each of the directors listed as nominees in Osisko Development's Management Information Circular (the "MIC") dated March 26, 2025, was elected
Equity Insider News Commentary Issued on behalf of RUA GOLD Inc. VANCOUVER, BC, May 7, 2025 /PRNewswire/ -- Equity Insider News Commentary – Right after the world's largest gold-buying market (China) returned from its holiday break, gold prices resumed their climb, also helping reignite momentum across gold miner stocks along the way. Now analysts are adjusting their forecasts for gold, and for gold stocks, with JP Morgan now seeing $4,000 gold as early as Q2 2026, Ed Yardeni of Yardeni Research projecting $4,000 gold by year-end. Industry heavyweight Rob McEwen and Billionaire investor John Paulson are both expecting gold to nearly hit $5,000 within the next few years, which could set the s
(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. Approximately $35.7 million (US$25.0 million) was outstanding as of the end of Q1 2025 under the delayed draw term loan with Nation
(All dollar amounts are expressed in CAD dollars, unless stated otherwise) HIGHLIGHTS1 Robust returns with base case after-tax NPV5% of $943 million, unlevered after-tax IRR of 22.1% and payback2 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 payback2 of 1.6 yearsAverage 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 discussionsAverage TCC of US$947/oz and AI
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. An aggregate of 51,109,776 Warrants will be listed on the TSXV, which were issued pursuant to (i) a non-brokered private placement of units of the Company that clos
(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. Approximately $36.0 million (US$25.0 million) was outstanding as of the end of Q4 2024 under the delayed draw term loan with National Bank of Canada, which matures on October 31, 2025. The Company completed