Osisko Development Corp. has completed the sale of its 100% interest in the San Antonio Gold Project in Mexico to Axo Copper Corp. As part of the transaction, Osisko Development received 15,325,841 common shares of Axo, representing 9.99% of the issued and outstanding common shares. The company is entitled to contingent payments, including cash payments and additional shares, based on certain milestones. Bennett Jones LLP acted as legal advisor for the transaction. Osisko Development is a gold development company focused on becoming an intermediate gold producer with projects in Canada and the U.S.

For more information, visit https://www.osiskodev.com. Please note that forward-looking statements are subject to uncertainties and contingencies, and actual results may differ from expectations. Osisko Development disclaims any obligation to update forward-looking statements. The TSX Venture Exchange does not accept responsibility for the accuracy of this news release.

Read more at GlobeNewswire: Osisko Development Completes Sale of San Antonio Gold