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.
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Negative
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Market Reaction
Following this news, ODV has gained 6.51%, reflecting a notable positive market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $3.60. This price movement has added approximately $60M to the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
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
| 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. |
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.
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
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
The stock is up +6.5% following this news. A strong positive reaction aligns with the company’s focus on advancing complex projects such as Cariboo Gold, where permitting and compliance are critical. The appointment of an executive with 13 years of regulatory experience could be viewed as strengthening execution capabilities. However, investors would also weigh recent equity financings and existing resale capacity under the effective shelf when assessing how durable any move might be after initial enthusiasm fades.
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,
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?
What experience does Sarah Harrison bring to Osisko Development (ODV) from prior employers?
How might the February 2, 2026 appointment of Sarah Harrison affect ODV's permitting and compliance efforts?
When did Osisko Development (ODV) announce the appointment of its new permitting and compliance VP?
