Osisko Development Corp
Officers & Directors
Osisko Development Corp currently has 261 employees.
News about Osisko Development Corp Key Personnel |
In a rapidly evolving and competitive mining landscape, Osisko Development Corp. (NYSE: ODV, TSXV: ODV) is strategically positioning itself for future success through a series of well-considered leadership appointments and organizational changes. On January 9, 2025, the Corporation announced the appointment of David Rouleau as Vice President of Project Development, marking a significant shift in its operational leadership aimed at accelerating progress on its flagship asset, the Cariboo Gold Project. Situated in British Columbia’s rich mining territory, the Cariboo Gold Project embodies Osisko’s vision for growth and sustainability in the gold sector.The decision to elevate Mr. Rouleau to this role is in...
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Osisko Development Corp. Advances in Cariboo Gold Project Amid Financial ChallengesOsisko Development Corp. (NYSE: ODV, TSXV: ODV) has achieved a significant milestone with the approval of Environmental Management Act permits for its Cariboo Gold Project in central British Columbia (BC), Canada. The permitting process is now complete, with these permits obtained on December 12, 2024, and the Mines Act permits already secured on November 20, 2024. This marks a substantial step towards making the Cariboo Project shovel-ready, indicating preparedness for immediate development and mining operations.The Cariboo Gold Project has long been viewed as a viable candidate for gold extraction, thanks to its rich minera...
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The Road Ahead for Osisko Development Corp: Navigating Challenges and Opportunities with the Cariboo Gold ProjectOsisko Development Corp. (NYSE: ODV, TSXV: ODV), a key player in the North American gold mining sector, has recently provided an update regarding its flagship Cariboo Gold Project, located in the heart of British Columbia. The latest developments signal a crucial phase for the company as it seeks to cement its position in a competitive market while grappling with recent stock performance challenges.On November 7, 2024, Osisko announced that its Mines Act permit for the Cariboo project has officially been referred to the statutory decision maker at the BC Ministry of Energy, Mines and Low Carbon In...
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Osisko Development Corp. Secures $34.5 Million Through Non-Brokered Private Placement Amid Operational ChallengesOsisko Development Corp. (NYSE: ODV, TSXV: ODV) has recently announced the successful closure of its non-brokered private placement, culminating in total proceeds of approximately US$34.5 million. This achievement, reported on October 14, 2024, follows a structured approach to capital raising, as outlined in earlier announcements from the company. This latest fundraising effort is pivotal for Osisko Development, especially against the backdrop of financial struggles marked by substantial operational losses. Overview of the Private PlacementThe private placement, initially disclosed on September 4...
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Osisko Development Resumes Operations at Cariboo Gold Project Following Fire Evacuation Order Lifted
MONTREAL, July 26, 2024 - Osisko Development Corp. (NYSE: ODV, TSXV: ODV) is pleased to announce that the previously issued wildfire evacuation order for its Cariboo Gold Project has been lifted by the BC Wildfire Service. The company can now resume normal operations and on-site activities immediately with the return of non-essential employees.
In a recent press release, Osisko Development confirmed that the wildfires had not affected the mine site infrastructure and that all access roads to the Cariboo Gold Project remained accessible. The company expressed its gratitude to the emergency service...
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On Insert date, Osisko Development Corp. (NYSE: ODV, TSXV: ODV), a leading mining company, announced the temporary suspension of non-essential activities at its Cariboo Gold Project in central British Columbia, Canada. This decision was made in response to a wildfire evacuation order that encompasses the project area. All non-essential personnel and contractors have been moved off-site to ensure their safety, while essential staff members remain on the premises.
As a precautionary measure, Osisko Development has taken steps to safeguard critical site infrastructure and has offered assistance to the wildfire response efforts by hosting a group of firefighters at t...
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Following recent corporate updates, Osisko ...
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Osisko Development Corp. Undertakes Impairment Analysis and Prepares for 2023 Year-End Results
Montreal, February 21, 2024 - Osisko Development Corp. (NYSE: ODV, TSXV: ODV) has recently announced that it has completed a comprehensive review of the carrying value of its assets in compliance with the International Financial Reporting Standards (IFRS). This review, referred to as the Impairment Analysis, was conducted as of December 31, 2023, in preparation for the release of the company s fourth quarter and year-end financial results for 2023.
The Impairment Analysis is a crucial process that allows companies to assess whether the value of their assets has been affected by certain factors such as econo...
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Osisko Development Announces Management Update; Senior Vice President to Depart in Pursuit of New Opportunity in Mining Sector
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) has recently revealed that Franois Vzina, Senior Vice President of Project Development, Technical Services, and Environment, will be leaving the company on March 1, 2024, to explore new opportunities in the mining industry. This announcement comes as Osisko Development Corp. faces a challenging year, with a year-to-date performance of -15.41%.
The decision by Vzina to depart from Osisko Development Corp. signals a significant loss as he has played a crucial role in the project development and technical services division. His dep...
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