Osisko Development Announces US$125 Million Bought Deal Public Offering to Advance Cariboo Gold Project

Osisko Development Corp. has announced a US$125 million bought deal public offering of common shares to advance mineral resource-to-reserve conversion at the Cariboo Gold Project. The offering consists of 35.3 million shares at $3.54 each, with an option to purchase up to an additional 5.3 million shares. The net proceeds will be used for infill conversion drilling and exploration at the project and for general working capital purposes.