Brief: Osisko Development Announces $45 Million Bought Deal Financing

Osisko Gold

09/02/2023 22:34

Feb 9 (Reuters) - Osisko Development Corp  ODV.V :
    * OSISKO DEVELOPMENT ANNOUNCES $45 MILLION BOUGHT DEAL
FINANCING
    * OSISKO DEVELOPMENT CORP - ENTERED INTO AGREEMENT WITH
EIGHT
CAPITAL AND NATIONAL BANK FINANCIAL INC.
    * OSISKO DEVELOPMENT CORP - UNDERWRITERS HAVE AGREED TO
PURCHASE,
ON A BOUGHT DEAL BASIS, AN AGGREGATE 6.8 MILLION UNITS OF
COMPANY AT $6.60 PER UNIT
    * OSISKO DEVELOPMENT CORP - EACH UNIT WILL COMPRISE OF ONE
COMMON
SHARE OF CO AND ONE COMMON SHARE PURCHASE WARRANT
    * OSISKO DEVELOPMENT CORP - INTENDS TO USE NET PROCEEDS OF
OFFERING TO ADVANCE DEVELOPMENT OF ITS MATERIAL MINING PROJECTS

Source text for Eikon:  ID:nGNXc3H7Xs 
Further company coverage:  ODV.V 
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