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Osisko raises $203M for Cariboo development

The Canadian developer believes it has the funds to construct the project

Isabeau van Halm
Osisko Development's Cariboo gold project in British Columbia, Canada. Source: Osisko Development

Osisko Development's Cariboo gold project in British Columbia, Canada. Source: Osisko Development | Credits: Osisko Development

Osisko Development closed a private placement of around 99 million units of the company at a price of US$2.05 each, for a total of US$203 million. Osisko plans to use the proceeds to fund the construction...

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