Early Warning News Release
Source: Early Warning News Release
Discovered on: 2022-01-07 23:00:00
MONTRÉAL, Jan. 07, 2022 (GLOBE NEWSWIRE) -- Osisko Development Corp. (“Osisko Development” or the “Company”) (TSX.V-ODV) announces that it has disposed of a total of 34,290,000 common shares Minera Alamos Inc. (TSXV:MAI) (“Minera Alamos”), at a price ranging from $0.50 to $0.57 per common pursuant to market dispositions performed from October 25, 2021 to December 29, 2021 for gross proceeds of $18,532,170 (the “Transaction”). Immediately prior to the closing of the Transaction, the Company held, directly or indirectly, 76,080,000 common shares of Minera Alamos representing approximately 17.1% of Minera Alamos’ issued and outstanding common shares prior to the closing. Immediately following the closing of the Trans...