Osisko Development Corp

Osisko Development Corp. engages in the acquisition and exploration of mineral properties. It operates through the following projects. Cariboo, San Antonio, James Bay properties, Guerrero properties, and mineral reserve and resources. The company was founded on November 25, 2020 and is headquartered in Montreal, Canada.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023"). Q4 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of: 1,622 ounces of gold sold from the Trixie test mine ("Trixie") located within the Company's wider Tintic Project (4,959 ounces of gold sold in 2023); 468 ounces of gold sold from the Cariboo Gold Project ("Cariboo" or the "Cariboo Gold Project") by processing stockpiles at a third-party processing facility (3,272 ounces of gold sold in 2023); and nil ounces of gold sold from the San Antonio Gold Project ("San Antonio" or the "San Antonio Project") (2,512 ounces of gold sold in 2023).

Osisko Development Reports Fourth Quarter And Year-End 2023 Results

MONTREAL, March 15, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces an updated mineral resource estimate ("MRE") for its 100%-owned underground Trixie deposit (the "2024 Trixie MRE"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A. The 2024 Trixie MRE incorporated an additional 1,674 underground chip samples over 1,678 meters ("m") (5,507 feet ("ft")) of underground development, and 7,385 m of drilling (24,229 ft) in 122 holes completed by the Company since the release of the initial Trixie MRE (the "2023 Trixie MRE"), with an effective date of January 10, 2023.

Osisko Development Announces Mineral Resource Update for the Trixie Deposit, Tintic Project

MONTREAL, March 04, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the Company has entered into a credit agreement with National Bank of Canada (the "Lender") providing for a US$50 million delayed draw term loan (the "Credit Facility"), through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("Barkerville").

Osisko Development Secures US$50 Million Funding to Commence Underground Development at Cariboo Gold Project

MONTREAL, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the remaining drilling and underground chip sampling results from new development areas as part of its 2023 exploration program at its 100%-owned Trixie test mine ("Trixie"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A.

Osisko Development Intercepts 610 g/t Gold Over 0.46 Meters in Underground Drilling at Trixie, Tintic Project

MONTREAL, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that it has undertaken a review of the carrying value of its assets in accordance with International Financial Reporting Standards (the "Impairment Analysis") as at December 31, 2023, as part of its fourth quarter and year-end 2023 financial results preparation.

Osisko Development Provides Update on Upcoming Year-End 2023 Results

MONTREAL, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces today that François Vézina, Senior Vice President, Project Development, Technical Services and Environment, will be leaving the Company on March 1, 2024, to pursue another opportunity in the mining sector.

Osisko Development Announces Management Update

MONTREAL, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces today that Luc Lessard, Chief Operating Officer ("COO"), will be retiring from the Company at the end of 2023 to pursue other personal and professional commitments, namely as President and Chief Executive Officer of Falco Resources Ltd.

Osisko Development Announces Management Updates

MONTREAL, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce drilling and underground chip sampling results from new development areas as part of its 2023 exploration program at its 100%-owned Trixie test mine ("Trixie"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A.

Osisko Development Intercepts 443.64 G/T Gold Over 1.19 Meters in Underground Sampling at Trixie, Tintic Project

Agnico Eagle Mines

Hecla Mining

Nouveau Monde Graphite

Piedmont Lithium

Opening Keynote Speaker: Sean Roosen, CEO & Chairman, Osisko Development Corp. Special Sponsor: Government of Québec Premier Sponsor: Laurentian Bank Securities Platinum/Critical Metals Day Sponsor: National Bank Financial Markets Gold Sponsors: Stifel GMP, IBK Capital, O3 Mining Silver Sponsors: PearTree Financial, TMX Group, Mi3 Financial Copper Sponsors: Cassels, Crux Investor, Amex Exploration, Domco Group of Canada, INFOR Financial,Out of the Box Capital, Centre des congrès de Québec, Global Business Reports, Brooks & Nelson Media & Partners: BTV, Kitco, Mining Network, MarketOne, VID Media, Newsfile, TSO Associates,Canadian Mining Magazine, The Northern Miner, EBL Consultants, The Prospector News, THE Participating Companies 2024 1x1's Only* Salon Mi3 ExplorCo Lounge^^ Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) Doré Copper Mining Corp.* (TSXV: DCMC) (OTCQX: DRCMF) Metalla Royalty & Streaming (TSXV: MTA) (NYSE American: MTA) Ressources 1844 Resources ^^ (TSXV: EFF) Allied Gold Corporation (TSX: AAUC) Dryden Gold Corp.* Private Midland Exploration Inc.* (TSXV: MD) Sayona Mining Limited (ASX: SYA) (OTCQB: SYAXF) Amex Exploration Inc. (TSXV: AMX)  (OTCQX: AMXEF) E2Gold Inc.^^ (TSXV: ETU) (OTCQB: ETUGF) Nouveau Monde Graphite (TSX: NOU) (NYSE: NMG) Silver Mountain Resources (TSXV: AGMR) (OTCQB: AGMRF) Archer Exploration Corp.* (CSE: RCHR) Empress Royalty Corp. (TSXV: EMPR) (OTCQX: EMPYF) Nuvau Minerals Corp.* Private Sirios Resources Inc.* (TSXV: SOI) Aston Resources Limited (ASX: ASO) EMX Royalty Corp. (TSXV: EMX) (NYSE American: EMX) O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) Starcore International Mines* (TSX: SAM) Atex Resources Inc. (TSXV: ATX) Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) Orford Mining Corporation* (TSXV: ORM) Stratabound Minerals Corp.^^ (TSXV: SB) (OTCQB: SBMIF) Auteco Minerals Ltd. (ASX: AUT) Fireweed Metals Corp. (TSXV: FWZ) (OTCQB: FWEDF) Osisko Development Corp. (TSXV: ODV) (NYSE: ODV) Strategic Resources Inc (TSXV: SR) Brunswick Exploration Inc. (TSXV: BWR) First Phosphate Corp. (CSE: PHOS) Osisko Metals Incorporated (TSXV: OM) (OTCQX: OMZNF) Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) Calisto Cobre Resources Corp.^^ Private Focus Graphite Inc.^^ (TSXV: FMS) (OTCQB: FCSMF) Osisko Mining Inc. (TSX: OSK) Vanadiumcorp Resource Inc. (TSXV: VRB) Canada Nickel Company Inc. (TSXV: CNC) (OTCQX: CNIKF) Gold Royalty Corp. (NYSE American: GROY) Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) Vanstar Mining Resources Inc. (TSXV: VSR) (OTCQX: VMNGF) Capella Minerals Limited *^^ (TSXV: CMIL) Goliath Resources Limited (TSXV: GOT) (OTCQB: GOTRF) Perseverance Metals* Private Vior Inc. ^^ (TSXV: VIO) (OTCQB: VIORF) Comet Lithium Corporation^^ (TSXV: CLIC) Harfang Exploration Inc.^^ (TSXV: HAR) Piedmont Lithium Ltd.

THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Featuring Critical & Battery Metals Day, June 5

Creation of Premier Lithium Exploration Company in James Bay Region Fully-Subscribed C$4.1 Million Financing to Fund First Phase of Lithium Exploration Program Continued Exposure to and Advancement of Highly Prospective Lithium Exploration Assets Through Equity Ownership Interest in Electric Elements by Osisko Development and O3 Mining TORONTO and MONTREAL, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. ("Osisko Development") (NYSE: ODV, TSXV: ODV) and O3 Mining Inc. ("O3 Mining") (TSXV: OIII, OTCQX: OIIIF) are pleased to announce the successful formation and capitalization of "Electric Elements Mining Corp." ("Electric Elements") to explore for lithium potential on certain James Bay properties in Eeyou Istchee Area, Nunavik, Québec transferred to Electric Elements by Osisko Development and O3 Mining (the "Spin-out Transaction"). Spin-Out Transaction Pursuant to the Spin-out Transaction, Electric Elements acquired from:   (i) Osisko Development, all of its shares and partnership units in certain subsidiaries holding the rights and title to and interest in its James Bay properties, in exchange for the issuance by Electric Elements to Osisko Development of 9,599,999 common shares of Electric Elements ("EEM Shares"); and         (ii) O3 Mining, all of its rights and title to and interest in its Éléonore Opinaca property, in exchange for 2,400,000 EEM Shares (the "Transfer").

Osisko Development Corp. and O3 Mining Inc. Announce Formation of "Electric Elements Mining Corp." to Explore James Bay Properties for Lithium

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to report its financial and operating results for the three months ended September 30, 2023 ("Q3 2023"). Q3 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 3,867 ounces of gold sold by the Company from operating activities, comprising of: 1,776 ounces of gold sold from the Trixie test mine ("Trixie") located within the Company's wider Tintic Project; 803 ounces of gold sold from the San Antonio Gold Project ("San Antonio") by processing stockpiles via heap leaching; and 1,288 ounces of gold sold from the Cariboo Gold Project ("Cariboo") by processing stockpiles at a third-party processing facility.

Osisko Development Reports Third Quarter 2023 Results

MONTREAL, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce underground infill and exploration diamond drilling ("DD") results as part of the ongoing 2023 exploration program at the Company's 100%-owned Trixie test mine ("Trixie"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A.

Osisko Development Intercepts 54.95 g/t Gold Over 2.59 Meters in Underground Drilling at Trixie, Tintic Project; Commences Underground Porphyry Exploration Drilling

MONTRÉAL, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that it has received an Environmental Assessment ("EA") Certificate for the Company's 100%-owned Cariboo Gold Project ("Cariboo" or the "Project") located in central British Columbia ("BC"), Canada.

Osisko Development Receives Environmental Assessment Certificate for Cariboo Gold Project

MONTREAL, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce chip sampling results from new development areas as part of its ongoing exploration program at its 100%-owned Trixie test mine ("Trixie"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A.

Osisko Development Intercepts 361.93 g/t Gold Over 1.10 Meters (10.56 oz/t Gold Over 3.60 Feet) in Underground Sampling at Trixie, Tintic Project

(Kitco News) - Sean Roosen, CEO and chair, Osisko Development Corp., said the recent joint-venture agreement between Osisko Mining and Gold Fields for the Windfall project in Quebec, including a CAD$300 million initial cash payment, is the best deal for OSK shareholders.

'Highest-grade discovery in all of Quebec' - Osisko Development's CEO Sean Roosen on Windfall project

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to report its financial and operating results for the three months ended June 30, 2023 ("Q2 2023"). Q2 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 3,830 ounces of gold sold by the Company from operating activities, comprising of: 1,576 ounces of gold sold from the Trixie test mine ("Trixie") located within the Company's wider Tintic Project; 1,244 ounces of gold sold from the San Antonio Gold Project ("San Antonio") by processing stockpiles via heap leaching; and 1,010 ounces of gold sold from the Cariboo Gold Project ("Cariboo") by processing stockpiles at a third-party processing facility.

Osisko Development Reports Second Quarter 2023 Results

Osisko Development stock has been given a Buy rating due to the expected gold bull market and its strong positive correlation with the yellow metal, despite a previous Sell recommendation. The company's portfolio of mineral projects has not changed significantly from the previous rating while shares have served to benefit from gold price cycles. Risks include the possibility of no gold bull market, the company's high volatility compared to the stock market, and a portfolio of gold projects that lack real strength.

Osisko Development: Portfolio Lacks Of Bite, But Upside Potential (Rating Upgrade)

65.00 g/t Au and 344.39 g/t Ag over 4.57 m in Drilling 30.17 g/t Au and 62.76 g/t Ag over 1.34 m in Underground Chip Sampling 65.00 g/t Au and 344.39 g/t Ag over 4.57 m in Drilling 30.17 g/t Au and 62.76 g/t Ag over 1.34 m in Underground Chip Sampling

Osisko Development Intercepts 65 Grams Per Tonne Gold Over 4.57 Meters in Underground Drilling at Trixie, Tintic Project

MONTREAL, July 06, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that in connection with the terms of the Company's previously-completed acquisition in May 2022 of a 100% ownership interest in the Tintic Project located in Central Utah's historic Tintic Mining District (the "Tintic Acquisition"), the Company has satisfied the first of five deferred payments to the sellers.

Osisko Development Completes Deferred Payment Installment in Connection With the Tintic Acquisition

MONTREAL, July 05, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that, through a series of trades from September 26, 2022 to April 18, 2023, it has disposed of a total of 7,959,000 common shares (the "CUSN Shares") of Cornish Metals Inc. (TSXV:CUSN) ("Cornish Metals") through the facilities of the TSX Venture Exchange, at prices ranging from $0.247 to $0.301 per CUSN Share (net of commission), for proceeds to the Company of $2,107,423 (net of commission) (collectively, the "Transactions"). Based on information contained in documents publicly filed by Cornish Metals, the Company has beneficial ownership of, or control or direction over, directly or indirectly, less than 10% of the total issued and outstanding CUSN Shares. Accordingly, the Company will no longer file insider reports in respect of its ownership of securities of Cornish Metals (except as may be required by applicable law).

Osisko Development Files Close-Out Early Warning Report

Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the " Company" or "Nicola ") is pleased to announce that it has commenced shipping of concentrate produced jointly with Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) ("Osisko"). To date approximately 160 dry metric tonnes of gold concentrate grading an estimated 90 g/t Au have been shipped from site.

Nicola Mining Inc. Ships Concentrate Produced Jointly with Osisko Development and Commences Joint Exploration Preparations with UBC

MONTREAL, June 30, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that as part of its regular annual remuneration program, the Company has granted an aggregate of 99,170 deferred share units ("DSUs") of the Company to its independent directors in accordance with the DSU Plan of the Company.

Osisko Development Provides Corporate Update

MONTREAL, June 27, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce underground sampling results from its ongoing exploration program at its 100%-owned Trixie test mine ("Trixie"), within the Company's wider Tintic Project ("Tintic" or the "Tintic Project"), located in the historic East Tintic Mining District in central Utah, U.S.A. Chris Lodder, President of Osisko Development, commented, "The underground face chip sampling at Trixie continues to define mineralized zones, namely below the main 625 level and into the 750 level at Trixie, and further to the south of the deposit closer to the Sioux Ajax fault within our current drill areas.

Osisko Development Reports Underground Sampling Results at Trixie, Tintic Project

62.82 g/t Au and 231.46 g/t Ag over 6.86 m including 191 g/t Au and 707 g/t Ag over 1.07 m 62.82 g/t Au and 231.46 g/t Ag over 6.86 m including 191 g/t Au and 707 g/t Ag over 1.07 m

Osisko Development Reports Exploration Results at Trixie and Outlines 2023 Drill Program at Tintic Project

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, May 09, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2023 ("Q1 2023"). Q1 2023 HIGHLIGHTS Operating and financial updates: 1,503 ounces of gold sold by the Company generating approximately $3.5 million in revenues in the quarter primarily from operating activities from the San Antonio Gold Project ("San Antonio") stockpile processing via heap leach (1,202 ounces of gold sold from San Antonio).

News for Osisko Development Corp Stock (ODV)