Osisko Development Appoints Vice President, Permitting and Compliance

Rhea-AI Summary

Osisko Development (NYSE: ODV) appointed Ms. Sarah Harrison as Vice President, Permitting and Compliance, effective February 2, 2026. Ms. Harrison brings over 13 years of permitting and regulatory compliance experience across the mine development lifecycle, including roles at JDS Energy & Mining, Artemis Gold, Arctic Canadian Diamond Company, and the British Columbia Environmental Assessment Office.

The hire strengthens Osisko Development's permitting and environmental compliance capabilities in western Canada.

News Market Reaction – ODV

+4.14% 2.3x vol

3 alerts

+4.14% News Effect

+2.6% Peak Tracked

-9.9% Trough Tracked

+$41M Valuation Impact

$1.02B Market Cap

2.3x Rel. Volume

On the day this news was published, ODV gained 4.14%, reflecting a moderate positive market reaction. Argus tracked a peak move of +2.6% during that session. Argus tracked a trough of -9.9% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $41M to the company's valuation, bringing the market cap to $1.02B at that time. Trading volume was elevated at 2.3x the daily average, suggesting notable buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Industry experience: 13 years Effective date: February 2, 2026 Price change: -13.44% +5 more

8 metrics

Industry experience 13 years Permitting and regulatory compliance experience in mining sector

Effective date February 2, 2026 Start date as Vice President, Permitting and Compliance

Price change -13.44% Change in ODV share price over the prior 24 hours

52-week high $4.205 Upper bound of 52-week trading range before this news

52-week low $1.16 Lower bound of 52-week trading range before this news

Market cap $863,833,482 Equity value prior to the leadership appointment announcement

200-day MA $2.81 Long-term moving average with price positioned above it

Price vs 52-week high -19.62% Distance from 52-week high before this announcement

Market Reality Check

Price: $3.03 Vol: Volume 2,364,803 is sligh...

normal vol

$3.03 Last Close

Volume Volume 2,364,803 is slightly below the 20-day average of 2,509,888 (relative volume 0.94). normal

Technical Shares at $3.38 are trading above the 200-day MA of $2.81 but 19.62% below the 52-week high.

Peers on Argus

ODV was down 13.44% while key gold peers like IAUX, CMCL, GAU, GROY and DC showe...

1 Down

ODV was down 13.44% while key gold peers like IAUX, CMCL, GAU, GROY and DC showed gains, and momentum data flagged only one peer (CNL) moving down, indicating stock-specific pressure rather than a sector-wide move.

Historical Context

5 past events · Latest: Jan 27 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 27	Asset sale	Neutral	-1.0%	Completed sale of San Antonio Gold Project for Axo shares and contingents.
Jan 26	Equity offering	Negative	+0.0%	US$125M bought-deal share offering to fund Cariboo drilling and working capital.
Jan 23	Safety incident	Negative	-0.3%	Contractor fatality at Cariboo Gold Project and temporary suspension of activities.
Dec 15	Drilling results	Positive	-6.4%	Infill drilling at Cariboo Lowhee Zone with high-grade gold intercepts reported.
Dec 08	Exploration campaign	Positive	-1.4%	Launch of fully funded 70,000‑meter exploration program at Cariboo Gold Project.

Pattern Detected

Recent positive operational and exploration updates have often coincided with flat-to-negative price reactions, while negative or dilutive events have seen modest declines or limited movement.

Recent Company History

Over the past months, Osisko Development has focused on reshaping its portfolio and funding Cariboo Gold. It sold the San Antonio Gold Project for Axo Copper shares and contingent payments on milestones and a VAT refund. A US$125,000,940 bought-deal equity offering was launched to fund infill and at-depth exploration at Cariboo. The company also reported a contractor fatality, and earlier highlighted infill drilling results and a fully funded 70,000‑meter exploration campaign at Cariboo. Price reactions to these announcements ranged from flat to notably negative.

Regulatory & Risk Context

Active S-3 Shelf · US$126.8 million

Shelf Active

Active S-3 Shelf Registration 2025-12-10

US$126.8 million registered capacity

An effective Form F-3 shelf dated Dec 10, 2025 registers 104,751,318 common shares for resale from a prior private placement. The company would not receive proceeds from resales but could receive up to US$126.8 million if related warrants are exercised, earmarked for the Cariboo Gold Project. One usage is recorded via a 424B3 filing on Dec 17, 2025.

Market Pulse Summary

This announcement adds a Vice President, Permitting and Compliance with 13 years of regulatory and e...

Analysis

This announcement adds a Vice President, Permitting and Compliance with 13 years of regulatory and environmental experience across the mine lifecycle, which is relevant as Osisko Development advances projects like Cariboo. In recent months the company has pursued equity financing and asset sales while progressing drilling and exploration. Investors may watch how this hire translates into permitting milestones, project timelines, and how it complements the existing capital plans and regulatory filings already in place.

AI-generated analysis. Not financial advice.

MONTREAL, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of Ms. Sarah Harrison as Vice President, Permitting and Compliance, effective February 2, 2026. Ms. Harrison joins Osisko Development from JDS Energy & Mining Inc., where she most recently held the position of Project Manager within its Environmental Division.

Ms. Harrison is a permitting and regulatory compliance professional with over 13 years of experience across environmental assessment, reclamation, permitting, and regulatory compliance in the mining sector. Her experience spans the full mine development lifecycle, from early-stage exploration through construction and operations, including major permit amendments for large-scale mining projects. Her recent roles include Environmental Manager supporting permitting and compliance activities at Artemis Gold Inc's Blackwater Gold Mine, an environmental compliance leadership role with Arctic Canadian Diamond Company, and regulatory experience with the British Columbia Environmental Assessment Office. Most recently, Ms. Harrison has advised a range of mining clients on navigating British Columbia's permitting and compliance landscape.

"We're pleased to welcome Sarah to our growing team and benefit from her hands-on experience across permitting, regulatory, and environmental compliance within western Canada's mining ecosystem," noted Sean Roosen, Chairman and CEO.

ABOUT OSISKO DEVELOPMENT CORP.

Osisko Development Corp. is a continental North American gold development company focused on past-producing mining camps with district scale potential. The Company's objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100%-owned Cariboo Gold Project, located in central British Columbia, Canada. Its project pipeline is complemented by the Tintic Project located in the historic East Tintic mining district in Utah, U.S.A., a brownfield property with significant exploration potential, extensive historical mining data, and access to established infrastructure. Osisko Development is focused on developing long-life mining assets in mining-friendly jurisdictions while maintaining a disciplined approach to capital allocation, development risk management, and mineral inventory growth.

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.

FAQ

Who is Sarah Harrison and what role did she take at Osisko Development (ODV) on February 2, 2026?

She is the new Vice President, Permitting and Compliance at Osisko Development. According to the company, she has over 13 years of experience in permitting, environmental assessment, reclamation, and regulatory compliance across the mine development lifecycle.

What experience does Sarah Harrison bring to Osisko Development (ODV) from prior employers?

Harrison previously worked at JDS Energy & Mining and advised mining clients in British Columbia. According to the company, her background includes environmental management at Artemis Gold and regulatory roles with Arctic Canadian Diamond Company and BC Environmental Assessment Office.

How might the February 2, 2026 appointment of Sarah Harrison affect ODV's permitting and compliance efforts?

The appointment is expected to strengthen permitting and compliance capabilities in western Canada. According to the company, her hands-on experience spans early exploration through construction and operations, including major permit amendments for large-scale projects.

When did Osisko Development (ODV) announce the appointment of its new permitting and compliance VP?

The appointment was announced effective February 2, 2026. According to the company, the hire is intended to bolster the firm's regulatory and environmental compliance team for its western Canada activities.