Osisko (ODV) Reports 1Q2026 Financial and Operational Results

On May 11, 2026, Osisko Development Corp. (NYSE:ODV) reported fiscal and operating results for the archetypal 4th of 2026. As of March 31, 2026, the institution held astir $594.3M successful currency and currency equivalents. Osisko Development besides disclosed that astir $153.2M, including accrued interest, remained outstanding nether the archetypal gully of its US$450M elder secured task indebtedness installation with funds advised by Appian Capital Advisory, which is being utilized to enactment improvement and operation of the Cariboo Gold Project. During the quarter, the institution generated $2.2M successful gross and $0.7M successful outgo of income from the merchantability of 270 golden ounces tied to small-scale operations astatine the Tintic Project. These activities included heap leaching of definite tailings and stockpile material, arsenic good arsenic nonstop shipping of mineralized material. Osisko Development reported an operating nonaccomplishment of $9.7M for Q1 2026, compared to a nonaccomplishment of $40.8M successful the prior-year quarter.

Image by MayoFi from Pixabay

Earlier successful May, Osisko Development Corp. (NYSE:ODV) announced the assignment of Sarah MacDonald arsenic Vice President of Construction Contracting and Commercial, effectual immediately. Chairman and CEO Sean Roosen said MacDonald’s assignment strengthens the company’s execution capabilities arsenic it advances the Cariboo Gold Project. MacDonald brings much than 18 years of legal, contract, and firm affairs acquisition and antecedently served arsenic General Counsel astatine Dumas Contracting, a STRACON Group company, wherever the relation focused connected supporting underground mining operations crossed Canada, Mexico, and the United States.

Osisko Development Corp. (NYSE:ODV) acquires, explores, and develops precious metals assets properties crossed Canada, Mexico, and the United States.

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