Bullboard - Stock Discussion Forum Osisko Development Corp V.ODV

Alternate Symbol(s): ODV | V.ODV.W.A | V.ODV.W.B | V.ODV.W.U | ODVWZ

Metals & Mining Gold

Osisko Development Corporation is a Canada-based gold development company. The Company is focused on-past-producing properties located in mining-friendly jurisdictions with district scale potential. Its projects include Cariboo Gold Project, Tintic Project and San Antonio Gold Project in Sonora, Mexico. The Cariboo Gold Project is an advanced stage feasibility level gold project located in... see more

Add To Watchlist

TSXV:ODV - Post Discussion

Osisko Development Corp > Closes Previously-Announced CDN $103.5 M "Bought Deal" P. P.

View:

Post by Betteryear2 on Mar 02, 2022 12:35pm

Closes Previously-Announced CDN $103.5 M "Bought Deal" P. P.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

MONTREAL, March 02, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or the "Company") (TSXV: ODV) is pleased to announce the successful completion of its previously-announced "bought deal" brokered private placement of an aggregate of (i) 13,732,900 subscription receipts of the Company (the "Subscription Receipts"), and (ii) 9,525,850 units of the Company (the "Units" and, together with the Subscription Receipts, the "Offered Securities") at a price of $4.45 per Offered Security (the "Issue Price"), for aggregate gross proceeds of approximately $103.5 million (the "Offering"), including the full exercise of the underwriters' option.

Osisko Development Closes Previously-Announced CDN $103.5 Million "Bought Deal" Private Placement, Including Full Exercise of Underwriters' Option

197