Osisko Development Completes $143.8M Public Offering of Common Shares with Full Over-Allotment Option Exercise

Osisko Development Corp. completed a US$143.8 million public offering of common shares, with the full exercise of an over-allotment option. The company plans to use the proceeds to fund infill conversion drilling and exploration at the Cariboo Gold Project. The offering was completed through a syndicate of underwriters, and the net proceeds will be used for general working capital purposes.