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Osisko Development Gears Up for $25M Fundraising

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Osisko Development Gears Up for $25M Fundraising

Osisko Development (TSE:ODV) has released an update.

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Osisko Development Corp. is set to complete the second portion of its non-brokered private placement, aiming to raise an additional $25 million through the sale of units at $1.80 each. The funds will primarily support the advancement of the company’s Cariboo and Tintic gold projects, bolstering Osisko Development’s goal to become an intermediate gold producer.

For further insights into TSE:ODV stock, check out TipRanks’ Stock Analysis page.

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