Osisko Development Announces US$125 Million Bought Deal Public Offering of Common Shares to Advance Mineral Resource-to-Reserve Conversion Toward Mine Plan Integration at the Cariboo Gold Project | ODV Stock News
Osisko Development Corp. has announced a US$125 million bought deal public offering of 35,311,000 common shares at US$3.54 per share. The proceeds will be used for infill conversion drilling and exploration at the Cariboo Gold Project, as well as for general working capital. The offering includes an over-allotment option for an additional 5,296,650 shares. The offering is being made in Canada and the U.S. through prospectus supplements filed with the respective securities regulatory authorities.
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