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 Development (NYSE: ODV) announced inclusion in the VanEck Junior Gold Miners ETF (GDXJ) following GDXJ's semi-annual review on March 13, 2026, with the inclusion effective at market close on March 20, 2026.
The company said this listing is expected to increase market visibility, broaden investor access to the stock and potentially improve trading liquidity as Osisko Development advances its flagship Cariboo Gold Project.
Osisko Development (NYSE: ODV) received approximately C$24.9 million from the exercise of 5,625,031 common share purchase warrants by funds advised by Appian on March 9, 2026. The Warrants had an exercise price of C$4.43 and were issued July 21, 2025, tied to a US$450 million senior secured project loan for the fully permitted, 100%-owned Cariboo Gold Project in central British Columbia. The proceeds represent immediate cash inflow to support development and construction of the project.
Osisko Development (NYSE: ODV) announced the resumption of planned site activities at the Cariboo Gold Project on March 2, 2026, following a temporary suspension after an isolated surface incident on January 22, 2026.
More than 250 personnel are onsite supporting pre-construction, early works and exploration. Key progress: 2.1 km of underground development completed, water treatment plant commissioning nearing completion, six surface drill rigs and three underground rigs operating, and the site camp expanded to 266 rooms.
Osisko Development (NYSE: ODV) reported results from its 13,000-meter Lowhee infill drilling program at Cariboo, with 11,025 m of full results (~80% of program) and ~12.1 km (~88%) of total meters completed. Highlight intercepts include 596.40 g/t Au over 2.0 m (incl. 2,293.56 g/t over 0.5 m).
Remaining assays and QA/QC are pending; drilling was suspended after an incident on Jan 23, 2026, with the program now expected to finish in early Q2 2026.
Osisko Development (NYSE: ODV) announced that its subsidiary Barkerville Gold Mines entered a definitive Project and Construction Management Services Agreement with JDS Energy & Mining for the development of the Cariboo Gold Project in British Columbia.
The agreement is intended to provide integrated project delivery, added planning and execution capacity, and structured project management support as the company advances the next phase of work at Cariboo.
Osisko Development (NYSE: ODV) completed a bought-deal public offering of 40,607,650 common shares at US$3.54 per share, raising aggregate gross proceeds of US$143,751,081 on Feb 3, 2026, including full exercise of the underwriters' over-allotment option.
Net proceeds will fund infill conversion drilling and at-depth exploration at the Cariboo Gold Project and for working capital; a related-party investor, Double Zero Capital LP, purchased 8,080,000 shares for US$28,603,200. The offering paid underwriter fees of 4.5% and is subject to TSXV final approval.
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.
Osisko Development (NYSE: ODV) completed the sale of its 100% interest in the San Antonio Gold Project in Sonora, Mexico to Axo Copper, receiving 15,325,841 Axo shares (9.99%) at closing.
Osisko Development retains contingent payments: 70% of any Mexican VAT refund, US$2,000,000 upon an NI 43-101 feasibility study (cash or up to 9,398,496 Axo shares), US$2,000,000 on first gold pour, and share protections tied to a Qualifying Financing of at least US$10,000,000. Bennett Jones acted as legal advisor.
Osisko Development (NYSE: ODV) entered a bought deal underwritten offering of 35,311,000 common shares at US$3.54 per share for gross proceeds of US$125,000,940, with an over-allotment option for up to 5,296,650 additional shares for up to US$18,750,141. Net proceeds are intended to fund infill conversion drilling and at-depth exploration at the Cariboo Gold Project and for general working capital. The Base Shelf Prospectus is accessible and the Canadian prospectus supplement will be filed within two business days. Closing is expected on or about January 30, 2026, subject to regulatory and listing approvals including TSXV and NYSE.
Osisko Development (NYSE: ODV) reported that on January 22, 2026 a contractor at surface suffered a fatal injury at the Cariboo Gold Project in central British Columbia. The company notified authorities and said an investigation is underway. Activities at the Project have been temporarily suspended to allow the investigation. The company expressed condolences and said it will provide further information as appropriate.