Osisko Development Announced $50M Marketed Private Placement Of 27,778,000 Unit At $1.80/Unit
Portfolio Pulse from Benzinga Newsdesk
Osisko Development announced a $50 million marketed private placement, offering 27,778,000 units at $1.80 per unit. This move is aimed at raising capital for the company's development projects.
October 23, 2024 | 8:50 pm
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Osisko Development is raising $50 million through a marketed private placement, offering 27,778,000 units at $1.80 each. This capital raise is intended to support the company's development projects.
The private placement indicates a strategic move by Osisko Development to secure funding for its projects, which could positively impact its stock price as it shows proactive financial management and potential for growth.
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