Osisko Development receives C$24.9M from Appian warrant exercise
Analysis based on 7 articles · First reported Mar 09, 2026 · Last updated Mar 10, 2026
The exercise of warrants by Appian Capital Advisory Limited provides Osisko Development Corp. with C$24.9 million, which is expected to positively impact its stock price and support the development of the Osisko Development===Cariboo Gold Project. This influx of capital signals investor confidence in Osisko Development's growth prospects.
Osisko Development Corp. announced that it received approximately C$24.9 million from Appian Capital Advisory Limited through the exercise of 5,625,031 common share purchase warrants. These warrants, with an exercise price of C$4.43 per common share, were originally issued to Appian Capital Advisory on July 21, 2025. The funds will be used for the development and construction of Osisko Development's fully permitted, 100%-owned Osisko Development===Cariboo Gold Project located in central Canada===British Columbia, Canada. Osisko Development Corp. is a North American gold development company focused on becoming an intermediate gold producer.
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