Further Upsizes Previously-Announced Private Placement to CDN $85 Million The previously-announced 'bought deal' brokered private placement has been upsized to CDN $35 million, together with the non-brokered private placement with expected subscriptions of CDN $50 million Or sign-in if you have an account. In addition, the Underwriters have been granted an option, exercisable in whole or in part up to 48 hours prior to the closing of the Offering, to purchase up to 700,050 additional Units at the issue price of CDN $7.50 per Unit for additional gross proceeds of up to approximately CDN $5.25 million. The other terms of the Offering, as described in the news release of Osisko Development of earlier this morning, remain unchanged. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction.