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Osisko Development Lines up US$125M to Drill Deeper at Cariboo
Osisko Development plans to use US$125 million from equity offering to fund drilling and exploration at its fully permitted Cariboo Gold Project in central British Columbia.
- On Jan. 26, 2026, Osisko Development Corp. agreed to sell 35,311,000 common shares at $3.54 each for $125,000,940, led by National Bank Capital Markets, RBC Capital Markets and Cantor.
- Osisko Development said it will use proceeds to fund infill conversion drilling and at-depth exploration at the Cariboo Gold Project and for general working capital.
- An over‑allotment option covers up to 5,296,650 Shares for $18,750,141, exercisable within 30 days following closing; the Offering is filed as prospectus supplements to the Base Shelf Prospectus dated December 23, 2025.
- The company cautions that forward‑looking statements are subject to risks and uncertainties, with closing expected on or about January 30, 2026, pending TSX Venture Exchange and New York Stock Exchange approvals.
- Registration documents are available on EDGAR and SEDAR+, and investors may request copies from National Bank Financial Inc., RBC Dominion Securities Inc., or Cantor Fitzgerald underwriter contacts.
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Osisko Development Announces US$125 Million Bought Deal Public Offering of Common Shares to Advance Mineral Resource-to-Reserve Conversion Toward Mine Plan Integration at the Cariboo Gold Project
THE BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE CANADIAN PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, UNDER THE COMPANY'S ISSUER...
Osisko Development Announces US$125 Million Bought Deal Public Offering of Common Shares to Advance Mineral Resource-to-Reserve Conversion Toward Mine Plan Integration at the Cariboo Gold Project - Osisko Development (NYSE:ODV)
THE BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE CANADIAN PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, UNDER THE COMPANY'S ISSUER PROFILE ON SEDAR+. MONTREAL, Jan. 26, 2026 (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 Capital Markets, RBC Capital Markets and Cantor, as co-lead underwr…
·New York, United States
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Coverage Details
Total News Sources8
Leaning Left4Leaning Right1Center2Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
C 29%
14%
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