Osisko Development Announces US$50 Million Marketed Private Placement of Units

MONTREAL, Oct. 23, 2024 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) is pleased to announce that it has entered into an agreement with certain agents (collectively, the “Lead Agents“), pursuant to which the Lead Agents have agreed to sell, on a “best efforts” agency basis, up to 27,778,000 units (“Units“) of the Company at a price of US$1.80 per Unit (the “Offering Price“) for aggregate gross proceeds of up to approximately US$50 million (the “Offering“).