ODVWZ · Osisko Gold Group Inc.

Summary

Osisko Development Corp. received approximately C$24.9 million from the exercise of 5,625,031 common share purchase warrants by funds advised by Appian Capital Advisory Limited. The warrants, issued on July 21, 2025, with an exercise price of C$4.43 per common share, were connected to a US$450 million senior secured project loan for the Cariboo Gold Project.

Key takeaways

• Received C$24.9 million from warrant exercise
• 5,625,031 warrants exercised by Appian funds
• Warrants issued July 21, 2025, at C$4.43 per share
• Linked to US$450 million loan for Cariboo Gold Project
• Cariboo Gold Project is 100%-owned, fully permitted in British Columbia