TSXV:ODV - Post Discussion
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Betteryear2 on Feb 28, 2022 8:23am
Osisko Development Intersects 2.19 g/t Gold over 78.9 Meters
MONTREAL, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or the "Company") (TSX.V-ODV) is pleased to announce the final drilling results from the 2021 exploration and category conversion drill program campaign at its San Antonio Project in Sonora State, Mexico.
The Company is also pleased to report, further to its previously-announced non-brokered private placement (the "Non-Brokered Placement") of up to US$110 million of subscription receipts of the Corporation ("Subscription Receipts"), that the Corporation expects to close a first tranche of the Non-Brokered Placement on March 4, 2022 for gross proceeds of approximately US$67.3 million of Subscription Receipts.
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