Welcome to our dedicated page for Osisko Development news (Ticker: ODV), a resource for investors and traders seeking the latest updates and insights on Osisko Development stock.
Osisko Development Corp. develops North American gold assets, led by the fully permitted, 100%-owned Cariboo Gold Project in central British Columbia. The company also reports on the Tintic Project in Utah, a brownfield property in the historic East Tintic mining district with exploration potential, historical mining data and established infrastructure.
Company news commonly covers Cariboo pre-construction, early works, underground development, water-treatment and site-activity updates, as well as Lowhee Zone infill drilling and exploration results. Other recurring developments include financial results, gold sales from small-scale Tintic activities, project financing, warrant exercises, equity incentive grants, index inclusion and management appointments tied to construction, permitting, exploration, compliance and commercial execution.
Osisko Gold Group (NYSE: OGG, TSXV: OGG, TSX: ODV) reported final results from its Lowhee Zone infill drilling program at the 100%-owned, permitted Cariboo Gold Project in British Columbia. The 2025–2026 program comprised 17,072 metres in 185 diamond drill holes, designed to refine local short-term resource models and mine planning.
According to Osisko Gold, preliminary internal reconciliation in two areas showed in Zone 1 approximately 30% more tonnes and 6% more gold ounces at about 18% lower grade, and in Zone 2 roughly 8% fewer tonnes and 8% more gold ounces at about 16% higher grade versus the existing short-term model. The work broadly supports continued use of existing geological and mine-planning assumptions and improved understanding of spatial variability. Average core recovery improved from ~92% in 2025 to ~94% in 2026. Subject to Appian Capital’s review and other conditions, Osisko Gold anticipates satisfying the technical conditions precedent for the remaining undrawn US$350 million under its senior secured project loan facility in Q3 2026.
Osisko Gold Group (NYSE: OGG, TSXV: OGG) entered into a Support and Benefits Agreement with the District of Wells, BC, effective July 21, 2026, for its 100%-owned, fully permitted Cariboo Gold Project. Over a three-year term, Osisko Gold may make voluntary contributions of up to $3.0 million, at its sole discretion, to support social and economic initiatives identified by the District.
The Agreement includes targeted capital and operating support of $500,000 for the WILDways High School and a framework for ongoing collaboration on additional community infrastructure priorities as the project advances toward construction.
Osisko Gold Group (NYSE: ODV, TSXV: ODV) has completed its name change from Osisko Development Corp., effective July 14, 2026, following shareholder and regulatory approvals. Common shares are expected to begin trading under the new name and ticker "OGG" on the NYSE and TSXV at market open on July 20, 2026.
Warrant symbols on TSXV and Nasdaq will also change to OGG-prefixed tickers, with new CUSIP and ISIN numbers assigned for shares and warrants. According to Osisko Gold, trading is not expected to be interrupted, existing certificates remain valid, and no action is required from securityholders. The name change aligns with the company’s focus on North American gold and precious metals, anchored by the Cariboo Gold Project, and includes a website rebrand to www.osiskogold.ca.
Osisko Development (NYSE:ODV) reported new surface drilling results from the Cariboo Gold Project in British Columbia, totalling 8,971 m in 11 holes completed between December 2025 and April 2026.
Drilling confirmed high-grade gold mineralization beyond the current resource footprint and below its ~350 m average depth, including intercepts such as 13.19 g/t Au over 3.60 m at 596 m and 28.90 g/t Au over 0.50 m at 718 m. About 65% of drilling tested areas outside existing Mineral Resources, with all holes returning composites ≥1.8 g/t Au. Five surface rigs continue testing targets down-dip to vertical depths of up to 800 m within the permitted project area.
Osisko Development (NYSE: ODV) reported results of its June 23, 2026 annual and special meeting, where 226,058,370 shares (≈74.19% of outstanding) were voted.
Shareholders elected all director nominees, re-appointed PricewaterhouseCoopers LLP as auditor, approved moving the registered office to Ontario, a name change to Osisko Gold Group, and granted 247,129 DSUs to independent directors.
Osisko Development (NYSE: ODV) reported completion of a 13,684-meter underground infill drilling program on 10-meter spacing at the Lowhee Zone of the Cariboo Gold Project, plus 2,995 meters of additional infill and near-mine drilling.
High-grade intercepts include up to 133.62 g/t Au over 0.5 m, with results feeding an updated localized block model expected in Q2 2026.
Osisko Development (NYSE: ODV) will hold its annual and special meeting on June 23, 2026 in Toronto. The company has nominated Keith McKay to its Board of Directors, replacing non-executive director Duncan Middlemiss, and will ask shareholders to approve a name change to Osisko Gold Group Inc.
The proposed name change is intended to reflect a primary gold and precious metals-focused asset base in North America, supported by ongoing de-risking and advancement of the fully permitted Cariboo Gold Project.
Osisko Development (NYSE: ODV) closed an additional US$75 million of 4.125% convertible senior notes due 2031, bringing total notes issued to US$300 million. Net proceeds of about US$290 million will mainly fund the Cariboo Gold Project, capped call costs and general corporate purposes.
The capped calls, costing about US$40.2 million, are intended to raise the effective conversion premium from 25% to 100%, helping mitigate potential dilution. Double Zero Capital invested US$50 million, maintaining significant ownership while subject to a 19.9% blocker condition.
Osisko Development (NYSE: ODV) plans to satisfy the fourth of five deferred payments for its 100% acquisition of the Tintic Project in Utah using common shares. The US$2.5 million payment (C$3,453,000) is to be settled via 871,683 shares at an implied price of about C$3.9613, subject to TSX Venture Exchange approval.
Osisko Development (NYSE: ODV) closed a private offering of US$225.0 million 4.125% convertible senior notes due 2031 to qualified institutional buyers under Rule 144A. Estimated net proceeds are US$215.9 million, to fund capped call transactions, development of the Cariboo Gold Project, and general corporate purposes.
The company granted an option for up to US$25.0 million additional notes and arranged a concurrent US$50.0 million affiliate purchase. Initial conversion is 272.1088 shares per US$1,000, a 25% premium over the US$2.94 share price.