TSXV:ODVMetals and Mining
Osisko Development (TSXV:ODV) Is Down 6.0% After Discounted $125 Million Equity Raise Has The Bull Case Changed?
Osisko Development Corp. recently completed a follow-on equity offering, raising approximately $125.00 million by issuing 35,311,000 common shares at $3.54 each, following its late-January filing.
This sizeable capital raise, priced at a discount of $0.1593 per share, marks a material step in how the company is positioning its balance sheet and future project funding.
With this large equity issuance in focus, we’ll now examine how it shapes Osisko Development’s investment narrative and...