Welcome to our dedicated page for Osisko Development news (Ticker: ODV), a resource for investors and traders seeking the latest updates and insights on Osisko Development stock.
Osisko Development Corp. develops North American gold assets, led by the fully permitted, 100%-owned Cariboo Gold Project in central British Columbia. The company also reports on the Tintic Project in Utah, a brownfield property in the historic East Tintic mining district with exploration potential, historical mining data and established infrastructure.
Company news commonly covers Cariboo pre-construction, early works, underground development, water-treatment and site-activity updates, as well as Lowhee Zone infill drilling and exploration results. Other recurring developments include financial results, gold sales from small-scale Tintic activities, project financing, warrant exercises, equity incentive grants, index inclusion and management appointments tied to construction, permitting, exploration, compliance and commercial execution.
Osisko Development (NYSE:ODV, TSXV:ODV) reported Q1 2026 results within a strong backdrop for construction-stage gold developers. The company held about $594.3 million in cash and equivalents as of March 31, 2026 and was added to the VanEck Junior Gold Miners ETF (GDXJ) effective March 20, 2026.
Osisko Development also confirmed roughly $153.2 million (US$109.9 million), including accrued interest, outstanding under an initial draw of its US$450 million senior secured project loan facility with funds advised by Appian Capital Advisory, supporting development and construction of the Cariboo Gold Project.
Osisko Development (NYSE:ODV) reported Q1 2026 results with approximately $594.3 million in cash and cash equivalents and $153.2 million outstanding on its 2025 project loan facility.
Q1 revenue was $2.2 million from 270 gold ounces at the Tintic Project, alongside a $9.7 million operating loss. The company raised roughly US$143.8 million via an equity offering and received $36.5 million from warrant exercises. Cariboo pre-construction, infill and exploration drilling advanced, Tintic test mining continued, and the San Antonio Gold Project sale closed.
Osisko Development (NYSE: ODV) appointed Ms. Sarah MacDonald as Vice President, Construction Contracting and Commercial, effective May 4, 2026. According to the company, she brings more than 18 years of legal and leadership experience focused on construction contracting, commercial arrangements, risk management and governance.
Ms. MacDonald joins from Dumas Contracting Ltd. (STRACON Group), previously served as General Counsel supporting underground mining operations in Canada, Mexico and the United States, and has prior experience at a major law firm. Educational credentials include an LL.B. from the University of New Brunswick and a B.A. (English) from Dalhousie University.
Lake Victoria Gold (TSXV: LVG / OTCQB: LVGLF) secured near-term funding to advance Imwelo and Tembo: a production-linked gold loan of up to US$25 million and a fully committed $3.0 million convertible debenture (5.0% interest, $0.31 conversion, half-warrants at $0.40).
The company reports ~97% recovery at Imwelo, area drill highlights, a toll-milling agreement in negotiation, and Tanzania formalizing its 16% free carried interest; management and partners own >60% of shares.
Osisko Development (NYSE: ODV) granted incentive awards on April 1, 2026 as part of its annual compensation review. The Board approved 1,104,400 stock options and 1,426,600 restricted share units under the Omnibus Plan, totaling 2,531,000 awards.
The Options are exercisable at C$4.51, expire April 1, 2031, and vest in three equal annual installments. The RSUs cliff vest on April 1, 2029 and are subject to time and performance conditions.
Osisko Development (NYSE: ODV) reported Q4 2025 and year-end results with $422.3M cash, Q4 revenue of $24.2M from 3,970 ounces sold, and $145.8M outstanding under the US$450M project loan.
Key 2025 actions: private placement ~$82.5M, subsequent prospectus raise ~US$143.8M, warrants proceeds ~$24.9M, Cariboo drilling ~11,025m (~80% of program), and sale of San Antonio closed.
Osisko Development (NYSE: ODV) announced inclusion in the VanEck Junior Gold Miners ETF (GDXJ) following GDXJ's semi-annual review on March 13, 2026, with the inclusion effective at market close on March 20, 2026.
The company said this listing is expected to increase market visibility, broaden investor access to the stock and potentially improve trading liquidity as Osisko Development advances its flagship Cariboo Gold Project.
Osisko Development (NYSE: ODV) received approximately C$24.9 million from the exercise of 5,625,031 common share purchase warrants by funds advised by Appian on March 9, 2026. The Warrants had an exercise price of C$4.43 and were issued July 21, 2025, tied to a US$450 million senior secured project loan for the fully permitted, 100%-owned Cariboo Gold Project in central British Columbia. The proceeds represent immediate cash inflow to support development and construction of the project.
Osisko Development (NYSE: ODV) announced the resumption of planned site activities at the Cariboo Gold Project on March 2, 2026, following a temporary suspension after an isolated surface incident on January 22, 2026.
More than 250 personnel are onsite supporting pre-construction, early works and exploration. Key progress: 2.1 km of underground development completed, water treatment plant commissioning nearing completion, six surface drill rigs and three underground rigs operating, and the site camp expanded to 266 rooms.
Osisko Development (NYSE: ODV) reported results from its 13,000-meter Lowhee infill drilling program at Cariboo, with 11,025 m of full results (~80% of program) and ~12.1 km (~88%) of total meters completed. Highlight intercepts include 596.40 g/t Au over 2.0 m (incl. 2,293.56 g/t over 0.5 m).
Remaining assays and QA/QC are pending; drilling was suspended after an incident on Jan 23, 2026, with the program now expected to finish in early Q2 2026.