Osisko Development Announces Agreement to Divest Non-Core San Antonio Gold Project
Osisko Development Corp. Common Shares (ODV)
Company Research
Source: GlobeNewswire
MONTREAL, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce that it has entered into a securities purchase agreement dated November 21, 2025 (the "Purchase Agreement") with Axo Copper Corp. (TSXV:AXO) ("Axo") to sell its 100% interest in the San Antonio Gold Project ("San Antonio" or the "Project") located in the Sonora State, Mexico. Pursuant to the Purchase Agreement, Axo will acquire Sapuchi Minera S.A. de R.L. de C.V. ("Sapuchi"), which holds a 100% interest in the mineral concessions comprising San Antonio, subject to the satisfaction of certain conditions (the "Transaction"). Upon closing of the Transaction, Osisko Development will receive, subject to adjustment in accordance with the terms of the Purchase Agreement, 15,305,536 common shares of Axo ("Axo Shares") or such other number of Axo Shares that would result in Osisko Development owning 9.99% of the issued and outstanding Axo
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News
- Osisko Development: Cariboo Accelerates Ahead Of Gold Production In 2027 (Rating Upgrade) [Seeking Alpha]Seeking Alpha
- Osisko Development Announces Agreement to Divest Non-Core San Antonio Gold Project [Canadian Business Journal (Canada)]Canadian Business Journal
- Osisko Development (NYSE:ODV) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada.MarketBeat
- individual investors who own 46% along with institutions invested in Osisko Development Corp. (CVE:ODV) saw increase in their holdings value last week [Yahoo! Finance]Yahoo! Finance
- Osisko development reports Q3 results [Seeking Alpha]Seeking Alpha
ODV
Sec Filings
- 11/24/25 - Form 6-K
- 11/10/25 - Form 6-K
- 11/10/25 - Form 6-K
- ODV's page on the SEC website