ODV: 6-K · offering registration
Osisko Gold Group closed a previously announced US$30 million strategic equity investment by Urion Investments Holdings, an affiliate of Trafigura Canada, issuing 9,554,141 shares at US$3.14 each — a 10% premium to the five-day VWAP on the TSX Venture Exchange. Urion will hold approximately 3.0% of the company's ~315.8 million shares outstanding post-closing and has agreed to a voting support agreement with standstill and lock-up provisions. Proceeds will fund development of the flagship Cariboo Gold Project in British Columbia. Negotiations toward a potential prepayment facility of up to US$120 million with Trafigura remain ongoing, suggesting further non-dilutive financing optionality. The investment remains subject to final TSXV acceptance, and the shares are subject to a four-month-plus-one-day hold period.
ODV: 6-K · other
Osisko Gold Group reported new underground infill drilling results at its 100%-owned, permitted Cariboo Gold Project in British Columbia, including 7.28 g/t Au over 16.15 m (with 173.66 g/t Au over 0.60 m) and 7.13 g/t Au over 11.60 m in the Lowhee Zone. The program totaled 3,933 m across 36 holes from the 1290 m level on 10-15 m spacing. Management said intercepts outside modelled reserve stopes suggest potential for resource conversion and upside mineralization as underground development advances into new zones. The Lowhee Zone holds 104,491 ounces of probable reserves, roughly 5% of total Cariboo contained gold. The company also awarded the continuing underground mine development contract to JDS Energy & Mining effective October 5, 2026, and granted 72,700 stock options (at C$4.00) and 553,700 RSUs to newly hired senior officers and employees. The Cariboo project targets first gold pour in Q1 2029 with commercial production in H2 2029.
ODV: 6-K · leadership change
Osisko Gold Group announced that Elijah Tyshynski assumed the CFO role effective October 1, 2026, succeeding Alexander Dann. The change follows the company's August 25, 2026 leadership succession announcement, so it was expected rather than abrupt. No financial results, guidance, or strategic changes were disclosed alongside the transition, limiting market impact.
ODV: 6-K · debt financing
Osisko Gold Group Inc. filed a 6-K containing an indenture dated September 30, 2026 governing new secured notes issued by the company, with collateral including Project Property, subsidiary guarantees, and segregated disbursement accounts. The indenture includes construction-linked disbursement conditions requiring proceeds to fund the Project, an independent engineer (Norda Stelo Inc.) certification, and a Completion test of at least 8,000 gold equivalent ounces of production over 60 days. The agreement also imposes change-of-control put provisions, asset sale covenants, and a leverage-based covenant framework, and references the company's existing 4.125% convertible senior notes due 2031 as part of its capital structure. For investors, this financing formalizes the debt package funding the company's mine development, but the excerpt does not disclose the principal amount or coupon of the new notes, so dilution and leverage impact cannot yet be quantified from this filing.
Osisko Gold Group announced on September 21, 2026 its intention to offer US$500 million of senior secured notes due 2031 to refinance the Appian Credit Facility and fund the Cariboo Gold Project in British Columbia. Two days later, on September 23, the company priced an upsized US$600 million offering of 9.250% senior secured notes at 100.0% of par, maturing October 1, 2031, with closing expected September 30, 2026. Approximately US$120.9 million of net proceeds will repay and terminate the Appian Credit Facility, with the remainder funding a five-payment interest reserve and a disbursement account for Cariboo construction. The oversized deal secures full construction funding for the flagship, fully permitted Cariboo Gold Project without equity dilution, but the 9.25% coupon and first-priority security package reflect elevated financing costs typical of a pre-production developer.
ODV: 6-K · material agreement
Osisko Gold Group's Board has made a formal positive construction decision on its 100%-owned Cariboo Gold Project in central British Columbia, targeting first gold pour in Q1 2029 and commercial production in H2 2029. The remaining go-forward capital obligation is estimated at C$990 million from August 1, 2026, up from the C$881 million initial estimate in the April 2025 feasibility study, with the construction period extended to 30 months from 24. The decision is backed by a Trafigura financing and commercial package: Urion Investments Holdings, a Trafigura affiliate, will buy 9,554,141 shares at US$3.14 for gross proceeds of about US$30 million at a 10% premium to the five-day TSXV VWAP; Trafigura takes 100% of Cariboo gold concentrate and doré for the first four years; and a non-binding prepay facility of up to US$120 million at SOFR plus 6.00% is under an exclusivity period. Funding appears adequate on paper: the company cites up to C$1,637 million of available and proposed capital sources, including C$837 million of cash, against C$1,435 million of estimated uses, leaving about C$201 million of projected surplus liquidity. At spot gold of US$4,350/oz, Cariboo shows an after-tax NPV5% of C$3.2 billion, a 42.7% IRR, and average annual free cash flow of C$642 million in the first five years. Watch items: the project is only 22% complete, the capital estimate rose roughly 12% versus the feasibility study, and Osisko will run an IFRS impairment review of Cariboo non-financial assets at September 30, 2026 that could produce a non-cash charge. Closing of the equity investment remains subject to TSX Venture Exchange and NYSE acceptance, and Double Zero Capital LP has not waived its pre-emptive participation rights.
Osisko Gold Group announced that CFO and VP Finance Alexander Dann will retire and step down after five years with the company, capping a 35-year career, and will remain through a transition period to support an orderly handover of responsibilities. Elijah Tyshynski will be appointed CFO as part of a planned succession process, joining from ATEX Resources where he served as CFO and Corporate Secretary. He previously led O3 Mining's finances through its sale to Agnico Eagle and brings capital markets experience from Ontario Teachers Pension Plan, Standard Bank of South Africa, Morgan Stanley, and Royal Bank of Canada. Chairman and CEO Sean Roosen said the company enters its next phase of growth from a position of financial strength, with Tyshynski inheriting a robust balance sheet as Osisko Gold advances its flagship, fully permitted Cariboo Gold Project in British Columbia toward becoming an intermediate gold producer, complemented by the Tintic Project in Utah.
Osisko Gold Group announced an amended and restated credit agreement with funds advised by Appian Capital Advisory covering its US$450 million senior secured project loan facility, borrowed through wholly owned subsidiary Barkerville Gold Mines Ltd. to finance construction of the 100%-owned, fully permitted Cariboo Gold Project in central British Columbia. The amendment lowers the cost of capital: the initial draw margin drops to SOFR plus 9.00% from SOFR plus 9.50% with a 0.10% SOFR adjustment eliminated, the second draw margin falls to SOFR plus 7.25% from 7.50%, covenants are more favourable, and the option to settle accrued interest in kind is extended for an additional 12 months. Appian confirmed satisfaction of key technical conditions precedent to the remaining US$350 million second draw after reviewing the completed Lowhee Zone infill drilling and ore sorting programs, and those conditions were removed from the facility. The second draw still hinges on construction readiness conditions and customary requirements, but the amendment substantially de-risks the remaining project capital and validates deposit quality ahead of Cariboo construction.
ODV: 6-K · earnings release
Osisko Gold Group Inc. reported Q2 2026 revenue of $32.7 million, up from $6.9 million in Q2 2025, on the sale of 5,547 gold ounces from small-scale mining at the Tintic Project, swinging to $8.1 million in operating income from a $16.3 million loss a year ago. The company ended the quarter with approximately $837.3 million in cash after closing a US$300.0 million offering of 4.125% convertible senior notes due 2031 in May, and has US$113.6 million ($161.4 million) drawn under its US$450 million Appian project financing facility for the Cariboo Gold Project. At the 100%-owned Cariboo Gold Project, roughly 2.7 km of underground development is complete and the Appian-required 13,684-metre infill drilling program finished on schedule; preliminary reconciliation showed Zone 1 with approximately 18% lower gold grade while Zone 2 ran approximately 16% higher than the short-term model. Subsequent to the quarter, Osisko Development Corp. was renamed Osisko Gold Group Inc. and began trading as OGG on the TSXV and NYSE on July 20, 2026, alongside a Support and Benefits Agreement with the District of Wells worth up to $3.0 million over three years.
Osisko Gold Group Inc. (formerly Osisko Development Corp.) reported Q2 2026 revenue of C$32.7 million, up from C$6.9 million a year earlier, driven by gold sales from the Tintic Project, with operating income of C$8.1 million versus a C$16.3 million operating loss in Q2 2025. Net income was C$119.1 million, though the swing was driven largely by an C$87.0 million non-cash gain on warrant fair value plus derivative gains tied to the convertible notes offering. Cash and equivalents reached C$837.3 million at June 30, 2026, up 98% from year-end, after a US$300 million 4.125% convertible senior notes offering due 2031 (conversion price US$3.68) and a February bought deal of 40,607,650 shares at US$3.54 that raised US$143.8 million gross. Cariboo Gold Project construction spending drove C$106.2 million of Q2 capital additions, roughly eight times the year-ago level. Despite the cash, management disclosed that the C$670.1 million working capital position will not be sufficient to meet obligations, commitments and forecasted expenditures up to June 2027, citing material uncertainties that may cast substantial doubt on the company's ability to continue as a going concern. The remaining US$350 million of the Appian US$450 million facility remains subject to conditions precedent that were unmet at quarter-end. The filing also marks a rebrand: the company became Osisko Gold Group Inc. effective July 14, 2026, with shares now trading as OGG on the NYSE and TSX Venture Exchange. The Tintic Project was scaled back to care and maintenance, and the San Antonio Gold Project was sold to Axo Copper Corp. for consideration fair-valued at about C$15.6 million with a C$37.3 million disposal gain.
Osisko Gold Group reported its first drill results from the Proserpine greenfield target, located about 7 km along strike from its permitted, 100%-owned Cariboo Gold Project in central British Columbia, confirming an emerging gold mineralized system that may indicate potential for open pit mining methods. Highlight intercepts include 95.93 g/t Au over 4.60 m at 71 m vertical depth (including 873.00 g/t Au over 0.50 m), 5.46 g/t Au over 8.60 m at 77 m vertical depth, and 2.17 g/t Au over 14.45 m at 431 m vertical depth. The tested footprint now spans roughly 1.0 km by 0.5 km within a larger 6.0 km by 1.0 km gold-in-soil anomaly and remains open in all directions. The program totaled 6,463 metres across 14 holes completed between February and May 2026, and drilling has resumed with three rigs toward a planned 26,500 additional metres, including first-pass drilling at previously untested Proserpine Northwest. For a developer whose flagship Cariboo project holds 2.071 million ounces of probable reserves and is shovel-ready, a second potentially open-pittable system nearby would be strategically significant, though the company cautions the exploration results are preliminary and additional drilling may produce materially different outcomes.
Osisko Gold Group Inc. reported final results from its infill drilling program at the Lowhee Zone of the Cariboo Gold Project, indicating that results broadly validated the existing geological and mine-planning assumptions. The company completed 17,072 metres of drilling in 185 holes, with a preliminary internal reconciliation analysis showing deposit variability consistent with expectations. The detailed analysis of two localized areas revealed that Zone 1 contained approximately 30% more tonnes and 6% more gold ounces at an 18% lower gold grade, while Zone 2 showed approximately 8% fewer tonnes but 8% more gold ounces at a 16% higher grade. These results support the continued use of current parameters for future work and mine planning as underground access advances. Consequently, Osisko Gold anticipates satisfying the technical conditions precedent to draw down the remaining US$350 million under its senior secured project loan facility in Q3 2026. This milestone is subject to the completion and sign-off of an ongoing review by Appian Capital Advisory.
Osisko Gold Group Inc. has entered into a Support and Benefits Agreement with the District of Wells, British Columbia, regarding its 100%-owned Cariboo Gold Project. The agreement establishes a framework for collaboration and social and economic benefits as the project moves toward construction. The agreement spans a three-year term and contemplates voluntary financial contributions by the company of up to $3.0 million in aggregate. These funds are intended to support durable, long-term community infrastructure investments and other priority initiatives identified by the District. Specific priorities include $500,000 in targeted capital and operating support for the WILDways High School. This funding aims to address infrastructure needs and allow high-school-aged residents to attend school locally.
ODV: 6-K · ticker change
On July 14, 2026, Osisko Development Corp. officially changed its name to Osisko Gold Group Inc. and moved its registered office from Quebec to Ontario. These changes were previously approved by shareholders at the company's annual and special meeting held on June 23, 2026. In connection with the name change, the company's common shares began trading under the new ticker symbol 'OGG' on the TSX Venture Exchange and the NYSE starting July 20, 2026. The new CUSIP number for the common shares is 68827X105. The company also updated the ticker symbols for its warrants, changing from ODV.WT series to OGG.WT series on the TSXV and from ODVWZ to OGGWZ on Nasdaq. All warrant symbol changes were effective at the start of trading on July 20, 2026.
Osisko Development Corp. has changed its corporate name to Osisko Gold Group Inc. effective July 14, 2026. The amendment was filed pursuant to section 178 of the Canada Business Corporations Act. The company reported the name change in a Form 6-K filing, with Laurence Farmer, General Counsel and Vice President, Strategic Development, signing the certification documents.
Osisko Gold Completes Name Change from Osisko Development
Osisko Development Corp. has completed its name change to Osisko Gold Group Inc., effective July 14, 2026, following shareholder approval. Common shares and associated warrants will commence trading under the new symbol 'OGG' on the TSXV and NYSE starting July 20, 2026. The rebrand signals a strategic focus on primary gold assets, anchored by the fully permitted Cariboo Gold Project in British Columbia.
BTV Spotlights: NevGold, Calian Group, Talisker Resources, Dakota Gold, Oreterra Metals, Titan Mining, Nevada Organic Phosphate, Osisko Development
Dakota Gold Corp is featured in a BTV segment airing on FOX Business, highlighting its exploration activities in South Dakota's Homestake District. The company is conducting ongoing engineering work and preparing a pre-feasibility study to advance its potential future gold production. Management is also evaluating district-scale growth opportunities as it progresses toward development milestones.
Osisko Development Extends Gold Mineralization at Cariboo Gold Project Beyond 700 m Vertical Depth in Previously Untested Areas; Intercepts Include 13.19 g/t Gold Over 3.60 m at 596 m Vertical Depth and 28.90 g/t Gold Over 0.50 m at 718 m Vertical Depth
Osisko Development reported significant drilling results at the Cariboo Gold Project, extending high-grade gold mineralization beyond 700 meters vertical depth in areas outside the current resource footprint. Eleven holes totaling 8,971 meters intercepted high-grade mineralization, including 13.19 g/t Au over 3.60 m at 596 m depth and 28.90 g/t Au over 0.50 m at 718 m depth. Management noted that these results confirm strong potential for resource growth well below the current deposit average depth of 350 meters, with five rigs continuing to test targets down to 800 meters. The drilling program focuses on under-tested gap zones and deep extensions within the existing permitted footprint. Separately, the company announced it will change its name to Osisko Gold Group Inc. and its ticker symbol to 'OGG' on both the NYSE and TSXV effective July 20, 2026.
BTV Explores: Osisko Development, Dakota Gold, Q2 Metals, Talisker Resources, Wallbridge Mining, Oreterra Metals, & Nevada Organic Phosphate
Dakota Gold Corp. is scheduled to appear on an upcoming episode of BTV - Business Television, a program focused on investment opportunities in the resource sector. The segment highlights Dakota Gold's ongoing engineering work and exploration at the Homestake District in South Dakota, noting the company's progress toward a planned pre-feasibility study. The episode will also feature other mining companies including Osisko Development, Q2 Metals, Talisker Resources, Wallbridge Mining, Oreterra Metals, and Nevada Organic Phosphate.
Osisko Development Announces Results of Annual and Special Meeting of Shareholders and Grant of Deferred Share Units
Shareholders approved all proposals at Osisko Development's annual and special meeting, including the re-election of all seven director nominees and the ratification of PricewaterhouseCoopers LLP as auditor. The company approved a special resolution to change its name to 'Osisko Gold Group Inc.' and anticipates updating its ticker symbol to 'OGG' on both the TSX Venture Exchange and NYSE. The board granted 247,129 deferred share units to independent directors as part of its annual compensation review.
Osisko Development Completes 13,000-Meter Infill Drilling Program at Cariboo Gold Project and Provides Update on Ongoing Lowhee Underground Drilling; Intercepts Include 44.68 g/t Gold Over 1.5 Meters From 27.9 Meters Downhole, Including 133.62 g/t Gold Over 0.5 Meters From 28.4 Meters Downhole
Osisko Development completed its 13,684-meter underground infill drilling program at the Cariboo Gold Project’s Lowhee Zone, reporting 55 new drill holes with high-grade intercepts. Key results include 44.68 g/t gold over 1.5 meters and 133.62 g/t gold over 0.5 meters, reinforcing the continuity and grade of the vein corridors. Management stated the tighter drill spacing provides better understanding of spatial geometries, aiding in the refinement of production designs and potential resource conversion.
Osisko Development Announces Nomination of Keith McKay to the Board of Directors and Proposes Name Change to Osisko Gold Group Inc. at Upcoming Annual and Special Meeting of Shareholders
Osisko Development has nominated Keith McKay, a Chartered Professional Accountant with over 45 years of mining sector experience, to its Board of Directors. McKay replaces Duncan Middlemiss, who is not standing for re-election at the upcoming annual and special meeting on June 23, 2026. The company is also proposing a name change to "Osisko Gold Group Inc." to better reflect its focus on gold and precious metals assets, specifically the Cariboo Gold Project.
Osisko Development Corp. (ODV) has closed a US$300 million offering of 4.125% convertible senior notes due 2031, consisting of a US$225 million base offering, a US$25 million option exercise, and a US$50 million private placement to affiliate Double Zero Capital. The transaction yields approximately US$290 million in net proceeds, with US$40.2 million allocated to capped call transactions that mitigate dilution up to a share price of US$5.88, effectively raising the conversion premium from 25% to 100%. The company intends to use the remaining net proceeds for the development of its flagship Cariboo Gold Project in British Columbia and for general corporate purposes. Management highlighted the transaction's benefits, including a lower cost of capital compared to traditional project finance, no project-level security or restrictive covenants, and flexible settlement options that allow the company to manage its capital structure as it advances toward a final investment decision.
Osisko Development Announces Closings of Additional US$75 Million Aggregate Principal Amount of 4.125% Convertible Senior Notes Bringing Total Offering to US$300 Million
Osisko Development to Complete Fourth Deferred Payment Installment in Connection with the Tintic Acquisition
Osisko Development will issue 871,683 common shares to satisfy the fourth of five deferred payments for its 2022 acquisition of the Tintic Project. The payment value is US$2.5 million (C$3.45 million), settled at a deemed price of C$3.9613 per share based on the 20-day VWAP as of May 26, 2026. The issuance is subject to TSX Venture Exchange approval and represents a contractual obligation rather than a new capital raise, but it results in immediate share dilution.
Osisko Development Announces Closing of US$225.0 Million Aggregate Principal Amount of 4.125% Convertible Senior Notes Offering
Osisko Development closed a US$225 million offering of 4.125% convertible senior notes due 2031, generating estimated net proceeds of US$215.9 million. The notes carry an initial conversion price of US$3.68 per share, representing a 25% premium to the May 20 closing price of US$2.94. The company entered into capped call transactions to offset potential economic dilution. An affiliate, Double Zero Capital, LP, purchased US$50 million of the notes in a concurrent private placement. Initial purchasers also hold a 13-day option to buy up to US$25 million in additional notes.
Osisko Development Announces Pricing of US$275.0 Million Aggregate Principal Amount of 4.125% Convertible Senior Notes Offering (25.0% Conversion Premium)
Osisko Development priced a US$275 million offering of 4.125% convertible senior notes due 2031, with US$225 million sold to institutional buyers and US$50 million to affiliate Double Zero Capital. The company used approximately US$36.9 million of the net proceeds to purchase capped calls with a cap price of US$5.88 per share, which is 100% above the May 20 closing price of US$2.94, effectively hedging against economic dilution for shareholders up to that level. The remaining net proceeds of roughly US$229 million (US$215.9M from the offering plus US$50M from the private placement, minus the capped call cost) are earmarked for the development of the Cariboo Gold Project and general corporate purposes.
Osisko Development Announces Proposed Offering of US$275.0 Million Aggregate Principal Amount of Convertible Senior Notes
Osisko Development announced a proposed US$275 million offering of convertible senior notes due 2031 to fund the Cariboo Gold Project and general corporate purposes. The offering consists of a US$225 million private placement to qualified institutional buyers, plus a US$25 million over-allotment option, and a concurrent US$50 million purchase by affiliate Double Zero Capital, LP. The company will use a portion of net proceeds to purchase cash-settled capped calls to offset potential economic dilution, effectively increasing the conversion premium.
Osisko Development Appoints Vice President, Sustainable Development
ODV: 6-K · periodic report
Osisko Development Corp. reported a net income of $60.2 million for the three months ended March 31, 2026, compared to a net loss of $37.3 million in the same period of 2025. This improvement is primarily due to a decrease in operating loss and a significant decrease in the fair value of the warrant liability. The company's cash and cash equivalents increased to $594.3 million as of March 31, 2026, from $422.3 million as of December 31, 2025. This increase is mainly due to the proceeds from the February 2026 Offering, which amounted to $196.3 million, and the exercise of warrants, which provided $36.5 million. Osisko Development completed the sale of its 100% interest in the San Antonio Gold Project to Axo Copper Corp. in January 2026. The fair value of the consideration received was estimated at $15.6 million, comprising $11.8 million in Axo common shares, $2.2 million in additional Axo shares, and $1.6 million in recoverable Mexican VAT receivable. The company's working capital and adjusted working capital as of March 31, 2026, are $355.1 million and $543.6 million, respectively. However, these balances, combined with available credit facilities, will not be sufficient to meet the company's obligations, commitments, and forecasted expenditures through March 2027, casting substantial doubt on the company's ability to continue as a going concern.
Osisko Development Reports First Quarter 2026 Results
Osisko Development ended Q1 with $594.3 million in cash, bolstered by a US$143.8 million equity offering and $36.5 million in warrant exercises, though operations generated just $2.2 million in revenue. The Cariboo Gold Project resumed phased activities in March following a temporary suspension due to a fatal incident in January, with pre-construction and drilling programs advancing. The company sold its San Antonio Gold Project and announced inclusion in the VanEck Junior Gold Miners ETF, while appointing new executives for permitting and construction contracting.
Osisko Development Appoints Vice President, Construction Contracting and Commercial
Osisko Development appointed Sarah MacDonald as Vice President, Construction Contracting and Commercial, effective immediately. She brings over 18 years of experience in legal and contract roles, most recently serving as General Counsel at Dumas Contracting Ltd. MacDonald's hiring is intended to strengthen execution capabilities as the company advances its Cariboo Gold Project. Her background includes supporting underground mining operations and complex commercial arrangements across North America. The company remains focused on becoming an intermediate gold producer through its flagship Cariboo project and the Tintic Project in Utah. Chairman and CEO Sean Roosen highlighted the strategic importance of the appointment.