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Osisko Development Announces Changes to Management Team

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Osisko Development Corp. announced the departure of Vice President of Investor Relations, Jean-François Lemonde. CEO Sean Roosen expressed gratitude for Lemonde's contributions and wished him success in future endeavors. Laurence Farmer will temporarily take over the investor relations function. Osisko Development is focused on advancing the Cariboo Gold Project and other properties in Canada, the U.S., and Mexico, aiming to become a mid-tier gold producer. The Cariboo Gold Project stands out due to its significant exploration potential.

Positive
  • Osisko Development is advancing the Cariboo Gold Project, which has significant exploration potential.
  • Company aims to become a mid-tier gold producer in North America.
Negative
  • Departure of VP of Investor Relations may lead to instability in investor communication.

MONTREAL, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. (“Osisko Development” or the “Company”) announces the departure of Jean-François Lemonde, Vice President, Investor Relations.

Sean Roosen, Chief Executive Officer, said: “We would like to thank Jean-François for his commitment to Osisko Development and wish him all the best in his future endeavours as he pursues other opportunities.”

Laurence Farmer, General Counsel and VP Strategic Development will assume the Investor Relations function on an interim basis.

About Osisko Development Corp.

Osisko Development Corp. is uniquely positioned as a premier gold development company in North America to advance the Cariboo Gold Project and other Canadian, U.S.A. and Mexican properties, with the objective of becoming the next mid-tier gold producer. The Cariboo Gold Project, located in central British Columbia, Canada, is Osisko Development's flagship asset. The considerable exploration potential at depth and along strike distinguishes the Cariboo Gold Project relative to other development assets. Osisko Development's project pipeline is complemented by its interest in the San Antonio gold project, located in Sonora, Mexico and the Trixie gold test mine, located in Utah, U.S.A.

For further information about Osisko Development (NYSE:ODV; TSX-V:ODV), please visit www.osiskodev.com or follow us on Twitter @OsiskoDev.

For further information, please contact Osisko Development Corp.:

Sean Roosen, CEO
Telephone: (514) 940-0685
Email: sroosen@osiskodev.com

Laurence Farmer, General Counsel & Vice President, Strategic Development
Telephone: (514) 607-6045
Email: lfarmer@osiskodev.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.


FAQ

What recent leadership change occurred at Osisko Development (ODV)?

Osisko Development announced the departure of Jean-François Lemonde, Vice President of Investor Relations.

Who is taking over investor relations at Osisko Development (ODV)?

Laurence Farmer will take on the investor relations role on an interim basis.

What is the main project of Osisko Development (ODV)?

The Cariboo Gold Project in British Columbia is Osisko Development's flagship asset.

Osisko Development Corp

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