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Osisko Development Closes First Tranche of Non-Brokered Private Placement for US$24.2 Million
Oct 01, 2024•over 1 year ago
Contract Type
partnership
MontrealOtherMining
Description
Osisko Development Corp. successfully closed the first tranche of its non-brokered private placement, issuing 13,426,589 units at a price of US$1.80 per unit for total proceeds of approximately US$24.2 million. The company plans to close a second tranche to accommodate additional interest for the units.
Company Information
Company
Osisko Development
Location
1100 AVENUE DES CANADIENS-DE-MONTREAL
Montreal, Quebec, Canada
About
Osisko Development Corp. is a continental North American gold development company focused on past-producing mining camps with district scale potential. The Company's objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100% -owned Cariboo Gold Project, located in central British Columbia, Canada.
MontrealOtherMining