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Osisko Development Provides Corporate Updates

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Donnerstag, Mai 9, 2024

National Instrument 43-101, ODV, Social Democrats (Slovenia), National instrument, Uranium mining

MONTREAL, May 09, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces the following corporate updates:

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MONTREAL, May 09, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces the following corporate updates:
As part of Osisko Development's regular annual remuneration program, the Company has granted an aggregate of 283,250 deferred share units of the Company ("DSUs") to its independent directors in accordance with the DSU Plan of the Company.
The DSUs will vest in accordance with the Company's DSU Plan, which is available on the Company's website at www.osiskodev.com .
The Company also announces that Maggie Layman, Vice President, Exploration, will be departing the Company on May 30, 2024, to pursue another opportunity in the mining sector.
"We would like thank Maggie for the nine transformative years she worked on and oversaw the exploration work at all of the Company's projects.

Osisko Development Announces Results of Annual Meeting of Shareholders

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Mittwoch, Mai 8, 2024

ODV, MIC, Holding company

MONTREAL, May 07, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces the results of its annual meeting of shareholders (the "Meeting") held on May 7, 2024.

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MONTREAL, May 07, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces the results of its annual meeting of shareholders (the "Meeting") held on May 7, 2024.
A total of 55,749,501 common shares were voted at the Meeting, representing approximately 66.27% of the total issued and outstanding common shares of the Company as of the record date of the Meeting.
A summary of the results for the items voted at the Meeting are as follows:
Each of the directors listed as nominees in Osisko Development's Management Information Circular (the "MIC") dated March 18, 2024, was elected to the board of directors of the Company to serve for the ensuing year or until their successors are duly elected or appointed, with the following results:

Osisko Development Reports First Quarter 2024 Results

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Dienstag, Mai 7, 2024

MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three months ended March 31, 2024 ("Q1 2024").

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(All monetary references are expressed in Canadian dollars, unless otherwise indicated)
MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three months ended March 31, 2024 ("Q1 2024").
During the quarter, US$25.0 million ($33.9 million) was drawn under the Credit Facility, net of US$0.7 million ($0.9 million) of fees.
During Q1 2024, the Company disclosed the remaining assay results from 14 diamond drilling holes and chip samples from new development areas as part of its 2023 exploration program at Trixie.
On April 26, 2024, the Company announced the filing of the Tintic Technical Report (as defined herein) on the 2024 Trixie MRE.

Osisko Development Reports Fourth Quarter And Year-End 2023 Results

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Freitag, März 29, 2024

MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").

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(All monetary references are expressed in Canadian dollars, unless otherwise indicated)
MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").
2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of:
$6.9 million in revenues ($31.6 million in 2023) and $6.4 million in cost of sales ($32.3 million in 2023) generated from operating activities in the fourth quarter.
After giving effect to the Financing, Osisko Development and O3 Mining hold approximately 47% and 12%, respectively, of the outstanding EEM shares.
Assay results for all remaining drill holes from the 2023 exploration program were released on February 22, 2024 (see Subsequent to Q4 2023).

Osisko Development Secures US$50 Million Funding to Commence Underground Development at Cariboo Gold Project

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Montag, März 4, 2024

Engineering, Finance Secretary (India), Project, National Bank of Canada, Cow urine, ODV, Line of credit, Maturity, Gold, Interest, Creditor, National bank, Credit

The Credit Facility will be exclusively used to fund ongoing detailed engineering and pre-construction activities at the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada.

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The Credit Facility will be exclusively used to fund ongoing detailed engineering and pre-construction activities at the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada.
Sean Roosen, Chairman and CEO, commented, "We are very pleased to secure funding that will enable us to commence the development of a 1.2 kilometer underground drift at Cariboo and advance important design and engineering work ahead of the anticipated receipt of permits in Q2 2024.
Importantly, this facility is non-dilutive with no early repayment penalties, and provides us with financial flexibility to refinance the facility prior to maturity.
We appreciate National Bank's strong support towards our vision of building Canada's next gold mining district at Cariboo.

Osisko Development Intercepts 610 g/t Gold Over 0.46 Meters in Underground Drilling at Trixie, Tintic Project

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Donnerstag, Februar 22, 2024

News, ODV, Face, MRE

This news release includes assays from fourteen underground diamond drill ("DD") holes (see Table 1).

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This news release includes assays from fourteen underground diamond drill ("DD") holes (see Table 1).
Select assay highlights include:
In 2023, the company completed a total of 6,028 m (19,776 ft) of underground drilling in 73 DD holes at Trixie.
Assays have now been received for all 2023 holes testing the Trixie high sulphidation epithermal Au-Ag targets.
The Trixie MRE will include all underground drilling and chip sample assays from the 2023 program.

Osisko Development Provides Update on Upcoming Year-End 2023 Results

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Mittwoch, Februar 21, 2024

ODV, International, Gold, International Financial Reporting Standards, Mining, Bank statement, Public expenditure

MONTREAL, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that it has undertaken a review of the carrying value of its assets in accordance with International Financial Reporting Standards (the "Impairment Analysis") as at December 31, 2023, as part of its fourth quarter and year-end 2023 financial results preparation.

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MONTREAL, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that it has undertaken a review of the carrying value of its assets in accordance with International Financial Reporting Standards (the "Impairment Analysis") as at December 31, 2023, as part of its fourth quarter and year-end 2023 financial results preparation.
The asset impairment charge will be a non-cash item and, for the avoidance of doubt, will have no impact on Company cash flows.
The Impairment Analysis will be finalized and recognized in the Company's consolidated financial statements for the year ended December 31, 2023.
The Company anticipates releasing a new mineral resource estimate ("MRE") for the Trixie deposit in March 2024, and its fourth quarter and year-end 2023 operating and financial results at the end of March 2024.

Osisko Development Announces Management Update

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Freitag, Februar 2, 2024

Senior, ODV, Environmental impact assessment, Environment, Project, Management

MONTREAL, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces today that François Vézina, Senior Vice President, Project Development, Technical Services and Environment, will be leaving the Company on March 1, 2024, to pursue another opportunity in the mining sector.

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MONTREAL, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces today that François Vézina, Senior Vice President, Project Development, Technical Services and Environment, will be leaving the Company on March 1, 2024, to pursue another opportunity in the mining sector.
The Company will evaluate potential external and internal candidates, as it prepares to re-position for and transition toward future growth initiatives.
"François has been an invaluable member of the leadership team and the Osisko family for many years.
I would like to thank him on behalf of the entire management team and the Board for his tireless dedication, technical acumen, and leadership contributions, all of which have been instrumental in advancing our key development assets, while setting the highest standards in innovation and sustainable mine development.

Nicola Provides Year in Review: 2023

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Montag, Dezember 11, 2023

Carbon, ODV, Nicola, Hope, Gold, WP, News, LOI, Letter, IP, Ministry, Year-in-review, Project, Rare-earth element

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSID) (the "Company" or "Nicola") is pleased to provide its "Year in Review: 2023", with the hope of providing additional clarity on several key milestones that were achieved in 2023.

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Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSID) (the "Company" or "Nicola") is pleased to provide its "Year in Review: 2023", with the hope of providing additional clarity on several key milestones that were achieved in 2023.
For the first nine months of the year, Nicola achieved positive earnings, a unique characteristic amongst junior mining companies.
The relationship between Nicola and Ocean Partners was further strengthened when the co-CEO of the latter joined our board of directors[3].
On May 2, 2023, Nicola announced that it had finalized a 2023 diamond drilling exploration program (the "2023 Program") and hired William Whitty, P. Geo as VP of Exploration.

BTV Highlights: Osisko Development, ROK Resources, Eloro Resources, enCore Energy & Baytex Energy

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Donnerstag, November 30, 2023

ODV, Lithium, BTE, BTV, Acquisition, Mining, BNN Bloomberg, Helorus, Primary energy, Fenthion, Growth, TSX, Television

With a track record of multi-billion dollar project successes, Osisko is poised for significant growth in North America.

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With a track record of multi-billion dollar project successes, Osisko is poised for significant growth in North America.
ROK Resources Inc. (TSXV: ROK) (OTCQB: ROKRF) - Capitalizing on strategic acquisitions in Saskatchewan and Alberta, ROK has rapidly expanded from 100 to over 4000 barrels per day, with plans for further drilling.
Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) - BTV highlights the company's significant progress in its innovative silver-tin polymetallic venture in Bolivia.
Amidst a national push for energy independence, Encore Energy is set to become a cornerstone in America's clean energy direction.