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Osisko Development to pay $2.5M deferred Tintic acquisition installment via shares in May 2026

Company Fundamentals
28 May 2026
GlobeNewsWire
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Neutral
pluang ai news

Osisko Development Corp. announced it will complete the fourth deferred payment of $2.5 million to sellers of the Tintic Project in Utah by issuing approximately 871,683 common shares. This payment is part of a five-installment agreement from their May 2022 acquisition of the project. The share issuance is subject to approval by the TSX Venture Exchange. This step reflects Osisko's ongoing commitment to developing its North American gold assets, including the fully permitted Cariboo Gold Project in Canada.

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