Osisko Development Agrees to Sell San Antonio Gold Project to Axo Copper Corp.

Osisko Development Corp. has agreed to sell its 100% interest in the San Antonio Gold Project to Axo Copper Corp. for 15,305,536 common shares of Axo or 9.99% of the issued and outstanding Axo shares. Osisko Development will also receive contingent payments, including a cash payment of $2,000,000 upon the public filing of a feasibility study and the first gold pour. The transaction is subject to customary closing conditions, including TSX Venture Exchange approval.