OSISKO METALS ANNOUNCES C$15 MILLION “BOUGHT DEAL” FLOW-THROUGH SHARE FINANCING

Osisko Metals Incorporated has secured a significant C$15 million financing through a 'bought deal' flow-through share offering, demonstrating continued investor confidence in the company's exploration prospects. The financing is being led by Canaccord Genuity Corp., serving as sole bookrunner and co-lead underwriter, indicating strong institutional support for the transaction.

The flow-through structure of this financing is particularly advantageous as it allows the company to raise capital specifically for Canadian exploration expenditures while providing tax benefits to investors. This structure is commonly used by Canadian exploration companies to fund their programs while making the investment more attractive to Canadian taxpayers who can claim tax deductions.

For Osisko Metals, this financing represents a substantial capital injection that will support the company's ongoing exploration activities. The 'bought deal' structure provides certainty of funding, as the underwriters have committed to purchase the entire offering, reducing execution risk for the company. This financing positions Osisko Metals well to advance its exploration programs and continue building shareholder value through systematic resource development.