Osisko Development Closes US$203 Million Private Placement Financing
- Osisko Development Corp. has closed a private placement of 99,065,330 units, raising approximately US$203 million at a price of US$2.05 per unit.
- The Offering includes a brokered placement of 58,560,000 units for about US$120 million and a non-brokered placement of 40,505,330 units for approximately US$83 million.
- Double Zero has become a strategic shareholder and has rights to nominate one director to the board, as stated in the Investor Rights Agreement.
Insights by Ground AI
Does this summary seem wrong?
13 Articles
13 Articles
Coverage Details
Total News Sources13
Leaning Left10Leaning Right2Center1Last UpdatedBias Distribution77% Left
Bias Distribution
- 77% of the sources lean Left
77% Left
L 77%
15%
Factuality
To view factuality data please Upgrade to Premium