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Osisko Development Upsizes Bought-Deal Offering to $75 Million
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Osisko Development Upsizes Bought-Deal Offering to $75 Million
Oct 15, 2025 9:33 AM

12:17 PM EDT, 10/15/2025 (MT Newswires) -- Osisko Development ( ODV ) on Wednesday said it entered into a further amending agreement with underwriters to increase the size of a bought-deal financing to $75 million from $60 million.

The company said it agreed to increase the size of a concurrent private placement by about $15 million, now offering 5.23-million shares priced at $4.78 each.

Closing of the LIFE offering and the concurrent private placement are expected on or about October 29.

Shares of the company were last seen up $0.04 tp $5.05 on the TSX Venture Exchange.

Price: 5.05, Change: +0.04, Percent Change: +0.80

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