Osisko Development (TSE:ODV) has released an update.
Osisko Development Corp. has revised its US$50 million credit facility terms with the National Bank of Canada, extending the maturity date by 8 months and modifying prepayment conditions to enhance financial flexibility. This strategic move aims to support the advancement of its Cariboo Gold Project and broader growth plans. The amendments include a reduction in mandatory prepayment and an upfront fee of approximately US$670,000 to the lender.
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