Osisko Development sells San Antonio Gold Project to Axo Copper Corp. for shares.

Osisko Development Corp. has entered into a securities purchase agreement with Axo Copper Corp. to sell its 100% interest in the San Antonio Gold Project in Mexico. Axo will acquire Sapuchi Minera S.A. de R.L. de C.V., which holds a 100% interest in the mineral concessions comprising San Antonio. Osisko Development will receive 15,305,536 common shares of Axo or such other number of shares that would result in Osisko Development owning 9.99% of Axo's issued and outstanding shares.