Recent Updates — ODV
Osisko Gold Group closed a previously announced strategic equity investment from Urion Investments Holdings Limited, an affiliate of Trafigura Canada Limited. The company issued 9,554,141 common shares at US$3.14 per share, generating gross proceeds of approximately US$30 million. This price represented a 10% premium to the five-day volume-weighted average price on the TSX Venture Exchange prior to signing. Urion will hold approximately 3.0% of outstanding shares and entered into a voting support agreement with customary standstill and lock-up provisions. Net proceeds are intended for the development of the Cariboo Gold Project, which is currently under construction in British Columbia. Negotiations for a potential US$120 million prepayment facility remain ongoing. Osisko Gold Group Inc. is a North American gold development company focused on past-producing mining camps with district-scale potential.
Osisko Gold Group Inc. announced that Elijah Tyshynski assumed the role of Chief Financial Officer effective October 1, 2026, succeeding Alexander Dann as part of a planned leadership succession transition previously disclosed on August 25, 2026. Osisko Gold Group Inc. is a continental North American gold development company focused on past producing mining camps with district-scale potential.
Osisko Gold Group Inc. filed a Form 6-K on September 30, 2026, attaching an execution version of an indenture dated the same day for $600,000,000 in 9.250% Senior Secured Notes due 2031. The filing also includes a press release related to this financing transaction. This significant debt issuance impacts the company's capital structure and leverage profile. Osisko Gold Group Inc. operates in the gold mining industry.
Osisko Gold Group Inc. announced the pricing of an upsized US$600 million offering of 9.250% senior secured notes due October 1, 2031, at par (100.0%). The company intends to use approximately US$120.9 million of net proceeds to repay its existing Appian Capital Advisory project loan facility and fund interest reserve accounts, with remaining funds advancing construction of the Cariboo Gold Project in British Columbia. Interest payments are semi-annual, commencing April 1, 2027. The offering is expected to close on September 30, 2026. Osisko Gold Group Inc. operates as a gold development company focused on mining projects in North America.
Osisko Gold Group Inc. announced a formal final investment decision to proceed with construction of its Cariboo Gold Project in British Columbia, targeting first gold pour in Q1 2029 and commercial production in H2 2029. The company secured a US$30 million strategic private placement from an affiliate of Trafigura at US$3.14 per share, alongside 100% concentrate and doré off-take agreements for the first four years of production. A potential subordinated gold prepayment facility of up to US$120 million was also agreed upon on non-binding terms. The go-forward capital obligation is estimated at C$990 million, supported by total available sources of up to C$1,637 million, including C$837 million in cash and equivalents. Osisko Gold Group Inc. operates as a gold development company focused on the Cariboo Gold Project.
Osisko Gold Group Inc. announced an amendment to its US$450 million senior secured project loan facility with Appian Capital Advisory Limited for the Cariboo Gold Project. The amended terms include reduced interest rate margins, improved covenants, and a 12-month extension of the option to settle accrued interest in kind. Appian confirmed satisfaction of key technical conditions precedent related to Lowhee Zone infill drilling and ore sorting programs, removing these hurdles for the US$350 million second draw. The second draw remains subject to remaining construction readiness activities. Osisko Gold Group Inc. is a gold development company focused on developing its Cariboo Gold Project in British Columbia.