Osisko Development ( (TSE:ODV) ) has issued an update.
Osisko Development Corp. reported its financial results for Q4 2024, highlighting a strong cash position and successful capital raises through private placements. The company has achieved full permitting for its Cariboo Gold Project, marking a significant milestone in its development. The project is now shovel-ready, with ongoing efforts to secure project financing and complete pre-construction activities. The appointment of a new independent director and the resignation of another board member were also noted, reflecting changes in the company’s governance structure.
More about Osisko Development
Osisko Development Corp. operates in the mining industry, focusing on the exploration and development of gold projects. The company is primarily engaged in advancing its Cariboo Gold Project in British Columbia, Canada, which is fully permitted and shovel-ready.
YTD Price Performance: -7.41%
Average Trading Volume: 281,506
Technical Sentiment Signal: Buy
Current Market Cap: $204.2M
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