Osisko Development Strengthens Board with Appointment of Stephen Quin as Independent Director
NYSE | TSXV: ODV NEWS RELEASE
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OSISKO DEVELOPMENT STRENGTHENS BOARD WITH APPOINTMENT OF
STEPHEN QUIN AS INDEPENDENT DIRECTOR
Montreal, Québec, December 5, 2024 – Osisko Development Corp. (NYSE: ODV, TSXV: ODV)
("Osisko Development" or the "Company") is pleased to announce the appointment of Mr. Stephen
Quin, a seasoned mining executive, as independent director to the Company's board of directors
effective immediately.
"On behalf of the entire Board, w e are delighted to welcome a director of Stephen's calibre , and a
veteran of the mining sector , to the board of directors of Osisko Development," commented Sean
Roosen, Founder, Chairman and CEO . "With over 40 years of experience in the mining sector,
Stephen's exceptional technical expertise, proven leadership experience and strong strategic acumen,
will greatly enhance our Board as we position the Company for success. Through his prior roles as the
former President & COO of Capstone Mining —and President & CEO of Sherwood Copper prior to its
merger—Mr. Quin has demonstrated a strong commitment to responsible mine development &
operation, while maximizing shareholder value. Notably, he was responsible for successfully permitting,
funding, and constructing the Minto copper-gold mine in the Yukon, Canada , which was completed on
time & budget. Stephen's comprehensive track record and diverse industry exposure through practically
all facets of the mining cycle—from discovery to operation—make him an invaluable asset as we advance
Cariboo toward construction. His appointment reflects strong confidence in the quality of the Cariboo
project and its potential to become one of Canada's next large-scale gold mines."
Mr. Quin holds a BSc (Honours) in Mining Geology from the Royal School of Mines, London, and brings
over 40 years of experience across all stages of the mining industry, from exploration through operations
and closure. Most recently, he spent a decade as President & CEO of Midas Gold Corp. (now Perpetua
Resources Corp .) advancing a large -scale gold -antimony project from a maiden mineral resource
through completion of a feasibility study. Prior to that, he held senior leadership roles including President
& COO of Capstone Mining Corp. and, before its merger with Capstone, President & CEO of Sherwood
Copper Corp. Additionally, he served as Executive Vice President at Miramar Mining Corp. and its copper
exploration affiliate, Northern Orion Exploration. Mr. Quin started his career with what became Imperial
Metals Corp. , where he was responsible for the advancement of their polymetallic copper -lead-zinc
project.
Mr. Quin has a combination of technical, governance, and capital markets experience having led more
than 30 studies on projects in the copper and gold sectors, ranging from mineral resource estimates
and preliminary economic assessments to feasibility studies . He also has extensive experience with
permitting, mine financing, development, operations and closure.
From a governance perspective, Mr. Quin has sat on and chaired numerous board s and board
committees, and spearheaded governance enhancing initiatives. He has long championed ESG-focused
practices, well before the term became widely recognized. On the capital markets front, Mr. Quin played
a pivotal role in raising over C$1 billion in financing and has been involved in more than C$750 million
in M&A transactions for companies where he served as CEO or a senior executive.
He currently serves as a non-executive director of Hot Chili Limited and Bravo Mining Corp., as well as
the non-executive Chair of TDG Gold Corp.
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ABOUT OSISKO DEVELOPMENT CORP.
Osisko Development Corp. is a North American gold development company focused on past -producing
mining camps located in mining friendly jurisdictions with district scale potential. The Company 's
objective is to become an intermediate gold producer by advancing its 100% -owned Cariboo Gold
Project, located in central B .C., Canada, the Tintic Project in the historic East Tintic mining district in
Utah, U.S.A., and the San Antonio Gold Project in Sonora, Mexico. In addition to considerable brownfield
exploration potential of these prop erties, that benefit from significant historical mining data, existing
infrastructure and access to skilled labour, the Company 's project pipeline is complemented by other
prospective exploration properties. The Company 's strategy is to develop attractive, long-life, socially
and environmentally sustainable mining assets, while minimizing exposure to development risk and
growing mineral resources.
For further information, visit our website at www.osiskodev.com or contact:
Sean Roosen Philip Rabenok
Chairman and CEO Director, Investor Relations
Email: [email protected] Email: [email protected]
Tel: +1 (514) 940-0685 Tel: +1 (437) 423-3644
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange,
securities commission or other regulatory authority has approved or disapproved the information contained herein.