Osisko Development

Financials:

Primary ticker: TSXV:ODV, NYSE:ODV
Stage of development: Development, Production
Primary minerals: Gold
Project to promote: Cariboo Gold Project, Trixie Gold Project, San Antonio Gold Project
Project location: Canada, US, Mexico
Website: osiskodev.com

Osisko Development Corp. is uniquely positioned as a premier gold development company in North America to advance the Cariboo Gold Project, its Tintic Gold Project in Utah, USA and its San Antonio Project in Sonora, Mexico, with the objective of becoming the next mid-tier gold producer. All three projects are in strong mining jurisdictions, offer brownfield infrastructure and have camp-scale exploration potential. All three projects have produced gold this year as we continue to advance through permitting at Cariboo and ramp-up our production and exploration activities at Tintic.

 

Our Tintic Project offers immediate production and a host of exploration opportunities to shareholders while the other two projects complete the permitting cycle. The Company has recently launched a 3D model of the Tintic Project on the Vrify platform. This 3D presentation guides the viewer through the Trixie mine within the wider Tintic Project, as well as its geologic model, and historic and current underground development.

 

Cash: CAD$130M
Debt: NIL

 

Major shareholders:
Osisko Gold Royalties – 44%
Sprott Asset Management – 2%

Fidelity – 1%

Caisse de Depot – 0.5%

Mackenzie Financial Corp – 0.5%
Management Ownership – 3%

Management Profile

Sean Roosen – Chairman & CEO

Mr. Roosen has over 30 years of progressive experience in the mining industry. As founder, President, Chief Executive Officer and Director of Osisko Mining Corporation, he was responsible for developing the strategic plan for the discovery, financing and development of the Canadian Malartic mine. He also led the efforts for the maximization of shareholders’ value in the sale of Osisko Mining Corporation, which resulted in the creation of Osisko Royalties.

What is your rationale for taking part in 121 Mining Investment?

Meet new institutional investors

What recent news would you like to highlight to investors attending?

Cariboo Gold Feasibility Study update; Tintic mineral resource and ramp-up update