Osisko Development Announces Grant of Deferred Share Units

Rhea-AI Summary

Osisko Development Corp. (NYSE: ODV, TSXV: ODV) has granted 80,000 deferred share units (DSUs) to independent director Mr. Stephen Quin, following his recent appointment to the company's board of directors on December 5, 2024. The DSUs were issued in accordance with the company's DSU plan, which can be accessed on Osisko Development's website.

MONTREAL, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that it has granted 80,000 deferred share units ("DSUs") of the Company to Mr. Stephen Quin, an independent director, as part of his recent appointment to the Company's board of directors announced on December 5, 2024.

The DSUs were granted in accordance with the Company's DSU plan, which is available on the Company's website at www.osiskodev.com.

ABOUT OSISKO DEVELOPMENT CORP.

Osisko Development Corp. is a North American gold development company focused on past-producing mining camps located in mining friendly jurisdictions with district scale potential. The Company's objective is to become an intermediate gold producer by advancing its 100%-owned Cariboo Gold Project, located in central B.C., Canada, the Tintic Project in the historic East Tintic mining district in Utah, U.S.A., and the San Antonio Gold Project in Sonora, Mexico. In addition to considerable brownfield exploration potential of these properties, that benefit from significant historical mining data, existing infrastructure and access to skilled labour, the Company's project pipeline is complemented by other prospective exploration properties. The Company's strategy is to develop attractive, long-life, socially and environmentally sustainable mining assets, while minimizing exposure to development risk and growing mineral resources.

For further information, visit our website at www.osiskodev.com or contact:

Sean Roosen	Philip Rabenok
Chairman and CEO	Director, Investor Relations
Email: sroosen@osiskodev.com	Email: prabenok@osiskodev.com
Tel: +1 (514) 940-0685	Tel: +1 (437) 423-3644

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

How many DSUs did Osisko Development (ODV) grant to Stephen Quin in December 2024?

Osisko Development granted 80,000 deferred share units (DSUs) to Stephen Quin in December 2024.

When was Stephen Quin appointed to Osisko Development's (ODV) board of directors?

Stephen Quin was appointed to Osisko Development's board of directors on December 5, 2024.

What was the purpose of Osisko Development's (ODV) DSU grant in December 2024?

The DSU grant was made as part of Stephen Quin's recent appointment as an independent director to the company's board of directors.

Where can investors find information about Osisko Development's (ODV) DSU plan?

Investors can find information about Osisko Development's DSU plan on the company's website at www.osiskodev.com.