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Osisko DevelopmentNYSE: ODV

Profile

Industry:

Gold

Country:

Canada

IPO:

16 April 2008

Next earnings report:

28 March 2025

Last dividends:

N/A

Next dividends:

N/A
$196.63 M
-64%vs. 3y high
26%vs. sector
-vs. 3y high
-vs. sector
-56%vs. 3y high
15%vs. sector
-42%vs. 3y high
95%vs. sector

Price

after hours | Wed, 20 Nov 2024 23:17:00 GMT
$1.44-$0.09(-5.88%)

Dividend

No data over the past 3 years
$118.00 K-$24.82 M

Analysts recommendations

Institutional Ownership

ODV Latest News

Osisko Development Closes US$57.5 Million Marketed Private Placement of Units
globenewswire.com12 November 2024 Sentiment: POSITIVE

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.

Osisko Development Announces Oversubscribed and Fully Allocated Private Placement of Units
globenewswire.com24 October 2024 Sentiment: POSITIVE

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

Osisko Development Announces Oversubscribed and Fully Allocated Private Placement of Units
globenewswire.com24 October 2024 Sentiment: POSITIVE

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).

Osisko Development Announces US$50 Million Marketed Private Placement Of Units
globenewswire.com23 October 2024 Sentiment: POSITIVE

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES 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 National Bank Financial Inc., Cantor Fitzgerald Canada Corp. and Eight Capital as co-lead 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"). Each Unit consists of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant").

Osisko Development Closes Final Tranche of Non-Brokered Private Placement for Total Aggregate Proceeds of US$34.5 Million
globenewswire.com14 October 2024 Sentiment: POSITIVE

MONTREAL, Oct. 14, 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 non-brokered private placement of units of the Company ("Units"), announced on September 4, 2024, pursuant to which the Company issued an aggregate of 19,163,410 Units at a price of US$1.80 per Unit for an overall offering size to approximately US$34.5 million, comprising (i) 13,426,589 Units at a price of US$1.80 per Unit for gross proceeds of approximately US$24.2 million, which closed on October 1, 2024, and (ii) 5,736,821 Units at a price of US$1.80 per Unit for gross proceeds of approximately US$10.3 million, which closed on October 11, 2024 (together, the "Offering").

Osisko Development Closes First Tranche of Previously Announced Non-Brokered Private Placement for US$24.2 Million
globenewswire.com01 October 2024 Sentiment: POSITIVE

MONTREAL, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the successful closing of the first tranche of its previously announced non-brokered private placement, announced on September 4, 2024, pursuant to which the Company issued 13,426,589 units of the Company (the "Units") at a price of US$1.80 per Unit for aggregate gross proceeds of approximately US$24.2 million (the "Offering").

Osisko Development Announces Non-Brokered Private Placement
globenewswire.com04 September 2024 Sentiment: POSITIVE

MONTREAL, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or, the "Company") (NYSE: ODV, TSXV: ODV) is pleased to announce a non-brokered private placement of units of Osisko Development ("Units") at a price of USD $1.80 (the "Offering"), with each Unit consisting of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant of the Company (each, a "Warrant"), with each Warrant entitling the holder thereof to purchase one additional Common Share (each, a "Warrant Share") at a price of USD $3.00 per Warrant Share for a period of 60 months following the Closing Date.

Osisko Development Reports Second Quarter 2024 Results
globenewswire.com12 August 2024 Sentiment: POSITIVE

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, Aug. 12, 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 June 30, 2024 ("Q2 2024"). Q2 2024 HIGHLIGHTS Operating, Financial and Corporate Updates: 805 ounces of gold sold by the Company from operating activities in the second quarter, comprising of 790 ounces of gold sold from the Trixie test mine ("Trixie"), and the balance from the Cariboo Gold Project ("Cariboo Gold Project") by processing stockpiles at a third-party facility.

Osisko Development Reports Lifting of Fire Evacuation Order Near Cariboo Gold Project; All Project Activities to Resume
globenewswire.com26 July 2024 Sentiment: POSITIVE

MONTREAL, July 26, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that the previously issued wildfire evacuation order announced on July 22, 2024, has been lifted by the BC Wildfire Service. Normal course operations and site activities at the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") will resume immediately following the return of non-essential employees to site. The mine site infrastructure was unaffected by the wildfires and all access roads to the Project are accessible. Osisko Development would like to thank all emergency services personnel who are on the front lines fighting the forest fires impacting the BC province and more broadly in Canada, and extend our thoughts to the communities that have been and continue to be affected by these fires. The Company will continue to closely monitor the wildfire situation to ensure safety and welfare of its employees.

Osisko Development Moves Non-Essential Personnel From Cariboo Gold Project Off-Site Following Fire Evacuation Order
globenewswire.com22 July 2024 Sentiment: POSITIVE

MONTREAL, July 22, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that the Company has temporarily paused non-essential activities at its 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada, following a wildfire evacuation order that includes the Project. As of July 21, 2024, to ensure safety and welfare of employees, all non-essential personnel and contractors have been temporarily moved off-site, while several essential staff remain. The Company has taken precautionary measures to safeguard certain site infrastructure and is currently assisting with the wildfire response by hosting a group of firefighters at the Project's camp facilities. The Company remains in regular contact with local authorities and will continue to closely monitor the situation as it evolves and will provide an update, when appropriate.

What type of business is Osisko Development?

Osisko Development Corp. acquires, explores, and develops mineral properties in Canada, Mexico, and the United States. It explores for gold; and precious and base metals. The company's flagship asset is the Cariboo Gold Project covering an area of approximately 155,000 hectares consisting of 415 mineral titles located in British Columbia, Canada. It also holds a portfolio of marketable securities. Osisko Development Corp. is based in Montreal, Canada.

What sector is Osisko Development in?

Osisko Development is in the Basic Materials sector

What industry is Osisko Development in?

Osisko Development is in the Gold industry

What country is Osisko Development from?

Osisko Development is headquartered in Canada

When did Osisko Development go public?

Osisko Development initial public offering (IPO) was on 16 April 2008

What is Osisko Development website?

https://osiskodev.com

Is Osisko Development in the S&P 500?

No, Osisko Development is not included in the S&P 500 index

Is Osisko Development in the NASDAQ 100?

No, Osisko Development is not included in the NASDAQ 100 index

Is Osisko Development in the Dow Jones?

No, Osisko Development is not included in the Dow Jones index

When was Osisko Development the previous earnings report?

No data

When does Osisko Development earnings report?

The next expected earnings date for Osisko Development is 28 March 2025