Osisko Development Reports Q4 2024 Results, Appoints New Director
Osisko Development Reports Q4 2024 Results, Appoints New Director

Osisko Development Reports Q4 2024 Results, Appoints New Director

News summary

Osisko Development Corp. reported its financial results for Q4 and the full year 2024, highlighting approximately $106.7 million in cash and the completion of two significant private placements totaling approximately $92 million. The company also noted a $36 million outstanding loan from the National Bank of Canada, maturing in late 2025. Meanwhile, Osisko Gold Royalties Ltd filed its 2024 year-end disclosure documents, including its Annual Information Form and Consolidated Financial Statements, with both Canadian and U.S. regulatory authorities. The filings are part of Osisko's commitment to transparency and regulatory compliance, detailing its extensive portfolio of over 185 royalties, including key holdings in the Canadian Malartic Complex. Shareholders can request hard copies of these documents from the company's Investor Relations Department. These developments reflect the companies' ongoing financial strategies and regulatory obligations in the mining sector.

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