On November 12, 2024, Osisko Development Corp. completed a private placement of 31,946,366 units at a price of US$1.80 per unit for aggregate gross proceeds of approximately US$57.5 million, which included the full exercise of the agents’ option.
The offering was conducted on a best efforts basis by National Bank Financial Inc., as lead left agent, and Cantor Fitzgerald Canada Corporation and Eight Capital, as lead agents.
Cassels acted for the agents.