Welcome to a New Era of Trading at Osisko Development
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) is embarking on an exciting journey as it prepares to list its common share purchase warrants on the TSX Venture Exchange. This strategic move will allow investors to engage with the Company in a new and vibrant way, deepening market participation and offering additional investment avenues.
Details of the Warrant Listing
The Company is set to list a substantial number of 51,109,776 common share purchase warrants, known as the "Warrants." These warrants originate from private placements that took place in the fall of 2024. Specifically, they were issued during both non-brokered and brokered private placements. The trading of these Warrants will officially commence on the TSXV, under the symbol "ODV.WT.V," effectively enhancing the liquidity for investors interested in Osisko Development's future growth.
What Do These Warrants Offer?
Each Warrant grants its holder the right to purchase one common share of Osisko at a predetermined exercise price of US$3.00, valid until October 1, 2029. This timeline provides a substantial window for investors to exercise their rights as the Company advances its projects.
Future Trading on the New York Stock Exchange
In addition to the upcoming TSXV listing, Osisko Development is also looking forward to introducing its Warrants on the prestigious New York Stock Exchange (NYSE). This move, while contingent upon meeting specific regulatory requirements, signifies the Company’s commitment to growing its footprint in key markets.
Osisko Development: More Than Just Warrants
Beyond the exciting announcement of the warrant listings, Osisko Development is steadfast in its mission as a leading North American gold development company. The Company focuses on reviving historic mining camps that possess significant potential for gold production. With aspirations to become an intermediate gold producer, Osisko is strategically advancing its fully permitted Cariboo Gold Project, which enjoys a prime location in a mining-friendly jurisdiction.
Projects and Commitment to Sustainable Mining
Osisko's project lineup includes not only the Cariboo Gold Project but also the Tintic Project in Utah and the San Antonio Gold Project in Mexico. These endeavors are rich in exploratory potential and benefit from historical mining data, essential infrastructure, and a skilled workforce—illustrating the Company’s dedication to responsible mining practices.
Contact Information for Inquiries
For those eager to delve deeper into Osisko Development's plans and offerings, the Company provides accessible contact details:
Sean Roosen, Chairman and CEO
Email: sroosen@osiskodev.com
Tel: +1 (514) 940-0685
Philip Rabenok, Vice President, Investor Relations
Email: prabenok@osiskodev.com
Tel: +1 (437) 423-3644
Frequently Asked Questions
What are the common share purchase warrants offered by Osisko?
The common share purchase warrants allow investors to purchase a common share of Osisko at a fixed price of US$3.00 until October 1, 2029.
When will the warrants start trading on the TSXV?
The warrants are expected to begin trading on the TSXV effective April 17, 2025.
Is there a plan for NYSE listing?
Yes, Osisko Development intends to list the warrants on the NYSE, pending regulatory approvals.
What is the significance of the Cariboo Gold Project?
The Cariboo Gold Project is pivotal for Osisko, as it is fully permitted and aims to be a significant contributor to their goal of becoming an intermediate gold producer.
How can I stay updated about Osisko Development?
Investors can visit the Company's website for the latest news and updates regarding their projects and corporate developments.
