Osisko Gold Group Appoints Elijah Tyshynski as CFO to Drive Intermediate Producer Strategy

• Osisko Gold Group Inc. has appointed Elijah Tyshynski as Chief Financial Officer, succeeding retiring executive Alexander Dann.
• The leadership transition is designed to support the company's strategic goal of becoming an intermediate gold producer.
• Tyshynski brings significant capital markets and infrastructure financing expertise to the senior leadership team.
• The appointment follows a planned succession process to ensure financial discipline during the company's growth phase.
• Osisko Gold is focused on developing its flagship Cariboo Gold Project and Tintic Project assets in North America.

Osisko Gold Group Inc. has announced a key executive transition as part of its planned leadership succession process. Alexander Dann is retiring after a distinguished 35-year career, concluding his tenure as Chief Financial Officer and Vice President of Finance. To ensure an orderly handover, Dann will remain with the company temporarily during the transition period. Elijah Tyshynski has been appointed as the new CFO, joining the senior leadership team to support the company's next stage of growth. This leadership change is intended to maintain the financial discipline required to execute the company's growth strategy and deliver long-term shareholder value. CEO Sean Roosen highlighted that Dann was instrumental in guiding Osisko Gold through a critical period, leaving the company in a position of financial strength.

Tyshynski joins Osisko Gold from ATEX Resources Inc., where he served as CFO and Corporate Secretary following the sale of O3 Mining to Agnico Eagle Mines. His background includes significant infrastructure financing and structuring experience across developed and emerging markets. Previously, he held senior roles at Ontario Teachers Pension Plan, Standard Bank of South Africa, Morgan Stanley, and Royal Bank of Canada. He also served as Director of Strategic Development for Osisko Mining, providing capital markets and strategic advice to the Osisko Group. His extensive experience in capital markets and corporate development is expected to help maintain the financial discipline required to execute the company's growth strategy. The appointment reflects the company's commitment to attracting top-tier financial talent to support its expansion plans.

Osisko Gold Group operates as a continental North American gold development company focused on past-producing mining camps with district-scale potential. The company's primary objective is to become an intermediate gold producer through the development of its flagship asset, the Cariboo Gold Project. This project is a 100% owned gold and silver property located in British Columbia, Canada, covering a land package of over 192,000 hectares. The Cariboo Gold Project is fully permitted and offers significant exploration potential and historical mining data. In addition to Cariboo, the company's portfolio includes the Tintic Project, an exploration and development-stage property in western Utah County, approximately 95 miles south of Salt Lake City. The Tintic Project encompasses the East Tintic District, which contains 23 past-producing mines. Key targets within the Tintic boundaries include the Trixie gold deposit, as well as porphyry, epithermal, and carbonate targets for gold and base metals.

How Will New CFO Support Project Development?

The appointment of Elijah Tyshynski is a strategic move to support Osisko Gold's ambitious development plans. His expertise in capital markets and infrastructure financing is crucial for managing the complex financial requirements of bringing the Cariboo and Tintic projects to production. The company emphasizes a disciplined approach to capital allocation and risk management as it moves from exploration and development toward production. Tyshynski's previous experience overseeing the sale of O3 Mining to Agnico Eagle Mines demonstrates his ability to navigate complex transactions and maximize shareholder value. His background in emerging market trading and portfolio management provides a diverse perspective on financial structuring and risk assessment. This expertise is particularly relevant for a company aiming to grow its mineral inventory and develop long-life mining assets in mining-friendly jurisdictions. The transition is designed to ensure that the company maintains its robust balance sheet while executing its growth strategy.

What Is the Strategic Outlook for Osisko Gold?

Osisko Gold's strategic outlook is centered on becoming an intermediate gold producer through the development of its North American assets. The company is focused on developing long-life mining assets while maintaining disciplined capital allocation and risk management. The Cariboo Gold Project serves as the cornerstone of this strategy, offering a large land package with significant exploration potential. The Tintic Project provides additional diversification and exploration targets across various geological formations. The company aims to manage development risk while growing its mineral inventory and advancing its projects toward production. The leadership transition is part of a broader effort to streamline operations and enhance financial oversight. By appointing an executive with extensive capital markets experience, Osisko Gold is positioning itself to effectively manage the financial complexities associated with project development. The company's focus on past-producing mining camps with district-scale potential offers a unique opportunity for value creation. The new CFO's role will be critical in ensuring that the company remains financially resilient as it pursues its growth objectives. This strategic focus aligns with market preferences for streamlined royalty and development plays with clear paths to production.