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Stock impact report

Osisko Development Announces Agreement to Divest Non-Core San Antonio Gold Project [Canadian Business Journal (Canada)]

Osisko Development Corp. Common Shares (ODV) 
MONTREAL, Nov. 24, 2025 (GLOBE NEWSWIRE) —Osisko Development Corp.CompanyPurchase AgreementAxoSan AntonioProjectSapuchiTransactionUpon 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“In line with our strategy of focusing on priority development assets within our portfolio, we are pleased to announce the sale of San Antonio to Axo. We believe Axo is well equipped to successfully advance the project through its next phase, and look forward to remaining a supportive long-term shareholder,”commented Sean Roosen, Chairman and CEO.The Company has agreed that it will hold its Axo Shares for at least 12 months following the closing of the Transaction, and to comply with certain other conditions until the date that is 24 months from the date of completion of the Transaction.The Project is not considered a material property of the Company and has been in care a Show less Read more
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