Osisko Development to Complete Third Deferred Payment

From GlobeNewswire: 2025-05-29 18:15:00

Osisko Development Corp. announces intention to make third deferred payment of US$2,500,000 to sellers of Tintic Project in common shares. Payment to be made entirely in Common Shares at a deemed price of C$2.5082 per share, resulting in issuance of 1,368,610 Common Shares. Issuance subject to approval of TSX Venture Exchange. Company also enters marketing services agreement with Resource Stock Digest for promotional services. Agreement includes 6-month advertising program for total cash consideration of US$250,000. No performance factors in agreement, and no common shares or options to be given as compensation.



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