Osisko Development Announces Non-Brokered Private Placement

MONTREAL, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development" or, the "Company") (NYSE: ODV, TSXV: ODV) is pleased to announce a non-brokered private placement of units of Osisko Development ("Units") at a price of USD $1.80 (the "Offering"), with each Unit consisting of one common share of the Company (each, a "Common Share") and one Common Share purchase warrant of the Company (each, a "Warrant"), with each Warrant entitling the holder thereof to purchase one additional Common Share (each, a "Warrant Share") at a price of USD $3.00 per Warrant Share for a period of 60 months following the Closing Date.

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