Osisko Development Corp. Announces US$195 Million Financing

SEC Filing 6-K (0001104659-25-072812)

Osisko Development Corp. (NYSE: ODV, TSXV: ODV) has announced a US$195 million financing plan, including a US$120 million brokered private placement and a US$75 million non-brokered private placement. The brokered offering involves the sale of 58,560,000 units at US$2.05 per unit, with each unit consisting of one common share and one-half of a warrant. The warrants can be exercised at US$2.56 per share within 24 months. The company also plans to use the proceeds to fund the Cariboo Gold Project and for general corporate purposes. The offering is expected to close on or about August 15, 2025, pending regulatory approvals.