How did ODV's revenue and expenses shift in Q4 2024 compared to previous quarters?

Osisko Development Corp.'s (ODV) financial performance in Q4 2024 was marked by significant financial adjustments, which are crucial for understanding the company's stability and growth potential.

1. **Revenue Increase**: Osisko Development reported a substantial increase in revenue compared to the previous quarter (Q3 2024). In Q4 2024, the company generated approximately $34.5 million in gross proceeds from a non-brokered private placement and $57.5 million from a brokered private placement, contributing to a total revenue boost.
2. **Expenses Management**: The company's expenses were well-managed, with no reported expenses in Q4 2024 that would suggest financial strain. Instead, Osisko Development focused on strengthening its financial position by completing these private placements and securing a delayed draw term loan facility.
3. **Cash Position Improvement**: As of December 31, 2024, Osisko Development had approximately $106.7 million in cash and cash equivalents, indicating a robust cash position that supports the company's operational and strategic initiatives.

In conclusion, Osisko Development's revenue and expenses in Q4 2024 reflect a company that is actively managing its finances to drive growth and stability. The significant revenue increase and effective expense management highlight the company's strategic focus on securing funding and enhancing its financial health.