Osisko Development Announces Grant of Deferred Share Units
Rhea-AI Summary
Osisko Development (NYSE:ODV) has granted 58,824 deferred share units (DSUs) to independent director Ms. Susan Craig. The grant is connected to her recent appointment to the company's board of directors, which was announced on June 16, 2025. The DSUs were issued in accordance with the Company's Omnibus Incentive Plan, available on the company's website.
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News Market Reaction – ODV
On the day this news was published, ODV gained 7.50%, reflecting a notable positive market reaction. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $25M to the company's valuation, bringing the market cap to $356.16M at that time.
Data tracked by StockTitan Argus on the day of publication.
MONTREAL, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that it has granted 58,824 deferred share units ("DSUs") of the Company to Ms. Susan Craig, an independent director, as part of her recent appointment to the Company's board of directors announced on June 16, 2025.
The DSUs were granted in accordance with the Company's Omnibus Incentive Plan, which is available on the Osisko Development website at www.osiskodev.com.
ABOUT OSISKO DEVELOPMENT CORP.
Osisko Development Corp. is a continental North American gold development company focused on past-producing mining camps located in mining friendly jurisdictions with district scale potential. The Company's objective is to become an intermediate gold producer by advancing its flagship permitted
For further information, visit our website at www.osiskodev.com or contact:
| Sean Roosen | Philip Rabenok |
| Chairman and CEO | Vice President, Investor Relations |
| Email: sroosen@osiskodev.com | Email: prabenok@osiskodev.com |
| Tel: +1 (514) 940-0685 | Tel: +1 (437) 423-3644 |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
