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Osisko Gold Group closes about US$30M equity investment

Net proceeds are intended for the Cariboo Gold Project, while negotiations continue on a potential prepayment facility of up to US$120 million.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

Osisko Gold Group Inc. (OGG) completed its previously announced strategic equity investment by Urion Investments Holdings Limited, an affiliate of Trafigura Canada Limited, issuing 9,554,141 common shares at US$3.14 per share for gross proceeds of approximately US$30 million. The price represented a 10% premium to the five-day volume weighted average price of the common shares on the TSX Venture Exchange prior to signing. The investment remains subject to final acceptance by the TSX Venture Exchange.

The company intends to use the net proceeds for development of the Cariboo Gold Project; negotiations toward a definitive agreement for a potential prepayment facility of up to US$120 million remain ongoing. Urion agreed to vote its common shares in accordance with board or management recommendations, subject to exceptions, and is subject to standstill and lock-up provisions restricting additional acquisitions or dispositions for specified periods. The issued shares have a hold period expiring four months and one day after issuance. After completion, the company is expected to have 315,809,214 common shares issued and outstanding, with Urion holding approximately 3.0% on a non-diluted basis.

Common shares issued 9,554,141 shares Issued to Urion in the completed equity investment
Issue price US$3.14 per share Price paid by Urion
Gross proceeds Approximately US$30 million Equity investment
Premium to volume weighted average price 10% Compared with the five-day volume weighted average price before signing
Potential prepayment facility Up to US$120 million Negotiations toward a definitive agreement remain ongoing
Common shares issued and outstanding 315,809,214 shares Expected after completion of the equity investment
Urion ownership Approximately 3.0% On a non-diluted basis after completion
volume weighted average price financial
"10% premium to the five-day volume weighted average price"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Voting Support Agreement financial
"Urion has agreed to vote its Common Shares"
A voting support agreement is a written promise by major shareholders or stakeholders to vote their shares a specific way on a planned corporate action, such as a merger or management slate. It matters to investors because it increases the likelihood that the action will pass — like a group of neighbors agreeing in advance to back a local project — which reduces deal uncertainty but can also concentrate control and limit minority influence.
standstill financial
"customary standstill and lock-up provisions"
A standstill is a temporary agreement in which one party agrees to pause certain actions — such as buying more shares, launching a takeover bid, or enforcing debt claims — for a set period. For investors this matters because it freezes changes in ownership or legal pressure, giving markets time to absorb information and reducing short-term volatility; think of it as pressing a pause button so everyone can negotiate or reassess without sudden moves.
hold period regulatory
"subject to a hold period expiring four months and one day"
A hold period is a specific span of time during which an investor is required or expected to keep a security or asset and cannot freely sell it or realize its value. It matters because it limits liquidity and can affect tax treatment, risk exposure and timing of gains or losses—like a cooling-off or fixed-term commitment that prevents you from quickly cashing out even if market conditions change.
non-diluted basis financial
"approximately 3.0% on a non-diluted basis"
Non-diluted basis describes ownership percentages or per-share figures calculated using only the company’s currently outstanding shares, ignoring any potential future shares from options, warrants, convertibles or planned issuances. Investors use it to see the present snapshot of claims or earnings per share as if the pie’s size won’t change; it’s like measuring each person’s slice today without accounting for guests who might later get slices.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many OGG shares were issued to Urion, and at what price?

OGG issued 9,554,141 common shares to Urion at US$3.14 per share, for gross proceeds of approximately US$30 million. The price was a 10% premium to the five-day volume weighted average price before signing.

How does OGG plan to use the proceeds from the Urion investment?

OGG intends to use the net proceeds of the equity investment toward development of the Cariboo Gold Project.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number: 001-41369

Osisko Gold Group Inc.
(Translation of registrant's name into English)

155 University Avenue, Suite 1450, Toronto, Ontario M5H 3B7
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

 

 


EXHIBIT INDEX

 

Exhibit Number Description
  
99.1 Press Release dated October 9, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

      Osisko Gold Group Inc.    
  (Registrant)
   
  
Date: October 9, 2026     /s/ Elijah Tyshynski    
  Elijah Tyshynski
  Chief Financial Officer
  

EXHIBIT 99.1

Osisko Gold Closes Previously Announced US$30 million Strategic Equity Investment by Trafigura

TORONTO, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Osisko Gold Group Inc. (NYSE: OGG, TSXV: OGG) ("Osisko Gold" or the "Company") is pleased to announce the closing of its previously announced equity investment by Urion Investments Holdings Limited ("Urion"), an affiliate of Trafigura Canada Limited, as disclosed in the news release of the Company dated September 14, 2026 entitled "Osisko Gold Announces Formal Construction Decision and Development Update for the Cariboo Gold Project" (the "Equity Investment"). Pursuant to the Equity Investment, the Company issued an aggregate of 9,554,141 common shares of the Company (each, a "Common Share") to Urion at a price of US$3.14 per Common Share, representing a 10% premium to the five-day volume weighted average price of the Common Shares on the TSX Venture Exchange prior to signing, for gross proceeds of approximately US$30 million. Negotiations toward a definitive agreement for a potential prepayment facility of up to US$120 million remain ongoing.

As part of the Equity Investment, Urion has entered into a voting support agreement with the Company (the "Voting Support Agreement"), pursuant to which Urion has agreed to vote its Common Shares in accordance with the recommendations of the board of directors or management of the Company, subject to certain exceptions. The Voting Support Agreement also contains customary standstill and lock-up provisions restricting Urion's ability to acquire additional Common Shares or dispose of its Common Shares for specified periods.

The Company intends to use the net proceeds of the Equity Investment towards the development of the Cariboo Gold Project. The Common Shares issued under the Equity Investment will be subject to a hold period expiring four months and one day from the date of issue pursuant to applicable Canadian securities laws. The Equity Investment remains subject to final acceptance by the TSX Venture Exchange. No finder's fees or commissions were payable in connection with the Equity Investment. After completion of the Equity Investment, the Company is expected to have 315,809,214 Common Shares issued and outstanding, of which Urion will hold approximately 3.0% on a non-diluted basis.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful. No securities may be offered or sold in the United States or in any other jurisdiction in which such offer or sale would be unlawful absent registration under the U.S. Securities Act of 1933, or an exemption therefrom or qualification under the securities laws of such other jurisdiction or an exemption therefrom.

    
 ABOUT OSISKO GOLD GROUP INC.
 
   
 Osisko Gold Group Inc. is a 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, currently under construction in central British Columbia, Canada. The Project is situated within the Company's broader Cariboo regional land package, which hosts numerous prospective exploration targets and provides opportunities for future discoveries. Its Cariboo 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 Gold 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.osiskogold.ca or contact:
 
    
 Sean Roosen
Chairman and CEO
Email: sroosen@osiskogold.ca
Tel: +1 (514) 940-0685
Philip Rabenok
Vice President, Investor Relations
Email: prabenok@osiskogold.ca
Tel: +1 (437) 423-3644
 
    
    

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended) (collectively, “forward-looking statements”). Such forward-looking statements, by their nature, require Osisko Gold to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Such forward-looking statements are not guarantees of performance and are identified with words such as “may”, “will”, “would”, “could”, “expect”, “believe”, “plan”, “anticipate”, “intend”, “estimate”, “potential”, “propose”, “project”, “outlook”, “foresee”, “continue”, “objective”, “strategy”, variants of these words or the negative or comparable terminology, as well as terms usually used in the future and the conditional. Information contained in forward-looking statements is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection. Forward-looking statements in this news release include, but are not limited to, statements pertaining to the Company’s anticipated use of proceeds from the Equity Investment; final acceptance of the Equity Investment by the TSX Venture Exchange; the terms and effect of the Voting Support Agreement; the Company's ability to successfully negotiate and execute on a prepayment facility on commercially acceptable terms; the ability to advance the Cariboo Gold Project through construction on the anticipated timeline and within the estimated budget and its status as being fully permitted; the Company's objective of becoming an intermediate gold producer; and the exploration potential and potential for future discoveries (if any) of its properties. Osisko Gold considers its assumptions to be reasonable based on information currently available but cautions the reader that its assumptions regarding future events, many of which are beyond the control of Osisko Gold, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect Osisko Gold and its business. Such risks and uncertainties include, but are not limited to: the absence of further work stoppages or suspensions at the Cariboo Gold Project; risks associated with the development and construction of the Cariboo Gold Project; risks relating to third-party approvals, including the issuance of permits by governments, favourable regulatory conditions and approvals, capital market conditions and the Company’s ability to access capital on terms acceptable to the Company for the contemplated exploration and development at the Company’s properties; the absence of unforeseen ground conditions or other geological challenges; the ability to continue current operations and exploration; regulatory framework and presence of laws and regulations that may impose restrictions on mining; errors in management’s geological modelling; the timing and ability of the Company to obtain and maintain required approvals and permits; the results of exploration activities; the availability of necessary equipment, supplies and infrastructure; risks relating to exploration, development and mining activities; the global economic climate; fluctuations in metal and commodity prices; fluctuations in the currency markets; dilution; environmental risks; and community, non-governmental and governmental actions and the impact of stakeholder actions. Readers are urged to consult the disclosure provided under the heading “Risk Factors” in the Company’s annual information form for the year ended December 31, 2025 as well as those risks and factors disclosed in the Company’s most recent financial statements and management’s discussion and analysis and other public filings filed under Osisko Gold’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the SEC’s EDGAR website (www.sec.gov), for further information regarding the risks and other factors facing the Company, its business and operations. Although the Company believes the expectations conveyed by the forward-looking statements are reasonable based on information available as of the date hereof, no assurances can be given as to future results, levels of activity and achievements. Forward-looking statements are not guarantees of performance and there can be no assurance that these forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

Readers are cautioned that the foregoing list of assumptions, risks and uncertainties is not exhaustive. The forward-looking statements contained herein are made as of the date of this news release and, except as required by applicable law, the Company undertakes no obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.

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.

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