Research analysts covering Osisko Development.
Recent press releases and 8-K filings for ODV.
Osisko Development Completes US$143.8 Million Public Offering
ODV
New Projects/Investments
- Osisko Development Corp. completed a public offering of 40,607,650 Common Shares at a price of US$3.54 per Common Share, generating aggregate gross proceeds of US$143,751,081, which included the full exercise of the over-allotment option.
- The net proceeds from the offering are intended to fund infill conversion drilling and at depth exploration at the Cariboo Gold Project and for general working capital purposes.
- Double Zero Capital LP, an insider of the Company, purchased 8,080,000 Common Shares for US$28,603,200 through the exercise of its pre-emptive rights.
4 days ago
Osisko Development Completes US$143.8 Million Public Offering
ODV
New Projects/Investments
- Osisko Development Corp. completed a prospectus offering on February 3, 2026, issuing 40,607,650 Common Shares at US$3.54 per share, for aggregate gross proceeds of US$143,751,081.
- The net proceeds from the offering will be used to fund infill conversion drilling and at-depth exploration at the Cariboo Gold Project, and for general working capital purposes.
- Double Zero Capital LP, an insider, purchased 8,080,000 Common Shares for US$28,603,200 as part of the offering.
4 days ago
Osisko Development Completes Sale of San Antonio Gold Project
ODV
M&A
- Osisko Development Corp. completed the sale of its 100% interest in the San Antonio Gold Project to Axo Copper Corp. on January 27, 2026.
- At closing, Osisko Development received 15,325,841 common shares of Axo, representing 9.99% of Axo's issued and outstanding common shares.
- The company is entitled to contingent deferred payments, including a cash payment equal to 70% of any Mexican value-added tax refund, US$2,000,000 upon the public filing of a feasibility study, and another US$2,000,000 upon the first gold pour at the Project.
- Osisko Development may also receive additional Axo Shares or cash if Axo completes a qualifying financing of at least US$10,000,000, to maintain its 9.99% interest in Axo.
Jan 28, 2026, 1:43 AM
Osisko Development Completes Sale of San Antonio Gold Project
ODV
M&A
New Projects/Investments
- Osisko Development Corp. completed the previously announced sale of its 100% interest in the San Antonio Gold Project to Axo Copper Corp.
- At closing, Osisko Development received 15,325,841 common shares of Axo, representing 9.99% of Axo's issued and outstanding common shares on a non-diluted basis.
- The company is entitled to contingent deferred payments, including two separate US$2,000,000 payments tied to the public filing of a feasibility study and the first gold pour at the project, and potential additional Axo Shares and/or cash from future Axo financings to maintain its 9.99% interest.
Jan 28, 2026, 1:30 AM
Osisko Development Corp. announces common share offering
ODV
New Projects/Investments
- Osisko Development Corp. is conducting a treasury offering of 35,311,000 common shares at an issue price of US$3.54 per share, aiming for US$125,000,940 in gross proceeds.
- The company has granted underwriters an over-allotment option to purchase up to an additional 5,296,650 common shares at the same price, which would increase gross proceeds to US$143,751,081 if fully exercised.
- The net proceeds from the offering are intended to fund infill conversion drilling and at-depth exploration at the Cariboo Gold Project and for general working capital purposes.
- The offering is expected to close on or about January 30, 2026.
Jan 28, 2026, 12:39 AM
Osisko Development announces US$125 million bought deal public offering
ODV
New Projects/Investments
- Osisko Development Corp. (ODV) has entered into an agreement for a US$125 million bought deal public offering of 35,311,000 common shares at a price of US$3.54 per share.
- The offering is co-led by National Bank Capital Markets, RBC Capital Markets, and Cantor.
- The net proceeds from the offering are intended to fund infill conversion drilling and exploration at the Cariboo Gold Project, and for general working capital purposes.
- The underwriters have an option to purchase up to an additional 5,296,650 shares, which could generate up to US$18,750,141 in additional gross proceeds.
- The base offering is expected to close on or about January 30, 2026, subject to necessary regulatory approvals, including from the TSX Venture Exchange and the New York Stock Exchange.
Jan 26, 2026, 11:24 PM
Osisko Development Announces US$125 Million Bought Deal Public Offering
ODV
New Projects/Investments
- Osisko Development Corp. has entered into an agreement for a "bought deal" public offering of 35,311,000 common shares at a price of US$3.54 per share, aiming to raise US$125,000,940 in gross proceeds.
- The company has also granted the underwriters an Over-Allotment Option to purchase up to an additional 5,296,650 Shares, which could generate up to an additional US$18,750,141.
- The net proceeds from the offering are intended to fund infill conversion drilling and at depth exploration at the Cariboo Gold Project and for general working capital purposes.
- The Base Offering is expected to close on or about January 30, 2026.
Jan 26, 2026, 10:17 PM
Osisko Development Reports Contractor Fatality
ODV
- Osisko Development Corp. reported that a contractor suffered a fatal injury on January 22, 2026, at its Cariboo Gold Project in central British Columbia, Canada.
- Following the incident, the company has temporarily suspended activities at the Project to facilitate an investigation.
- Appropriate authorities have been notified, and an investigation into the incident is currently underway.
Jan 23, 2026, 12:16 PM
Osisko Development Increases Stake in Niobay Metals Inc.
ODV
New Projects/Investments
M&A
- On December 18, 2025, Osisko Development Corp. (ODV) acquired 8,571,429 units of Niobay Metals Inc. (Niobay) for an aggregate subscription price of $1,200,000.06 at $0.14 per unit through a private placement.
- Each unit consisted of one common share and one common share purchase warrant of Niobay.
- Immediately after the offering, Osisko Development, together with Electric Elements Mining Corp., owned or controlled an aggregate of 12.3% of Niobay's issued and outstanding common shares on a basic basis and 16.2% on a partially diluted basis.
- The securities were acquired for investment purposes.
Dec 29, 2025, 11:05 AM
Osisko Development Corp. Completes C$82.5 Million Private Placement Offering
ODV
New Projects/Investments
- Osisko Development Corp. completed a private placement offering on October 29, 2025, raising approximately C$82.5 million through the issuance of 15,409,798 common shares.
- The offering was comprised of a LIFE Offering and a Concurrent Private Placement, with shares issued at prices ranging from C$4.78 to C$6.93 per share.
- Proceeds from the flow-through shares will be used to incur "Canadian exploration expenses" by December 31, 2026, while proceeds from the HD Shares will contribute to the construction of the Cariboo Gold Project and related pre-construction activities.
- Double Zero Capital LP, an insider of the Company, subscribed for 2,447,775 HD Shares for aggregate gross proceeds of C$11,700,364.50.
Dec 18, 2025, 1:17 AM
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