Osisko Development Announces the Vote Results from Its Annual Meeting of Shareholders
OSISKO DEVELOPMENT ANNOUNCES THE VOTE RESULTS FROM
ITS ANNUAL MEETING OF SHAREHOLDERS
(Montréal, May 1 3, 2021 ) – Osisko Development Corp. (“Osisko Development” or the
“Company”) (TSX.V-ODV) announces that, at the annual meeting of shareholders held on May
12, 2021, each of the 7 nominees listed in the management information circular filed on April 8,
2021 (the “Circular”) with regulatory authorities were elected as directors of the Corporation.
Election of Directors
Based on the proxies received and the votes by ballot, the following individuals were elected as
directors of the Corporation until the next annual shareholders’ meeting, with the following results:
RESOLUTION No1
Name of Nominee
Votes cast
FOR
Percentage (%)
of votes cast
FOR
Votes
WITHHELD
Percentage
(%)
WITHHELD
John Burzynski 112,345,469 99.42 654,494 0.58
Joanne Ferstman 112,433,646 99.50 566,317 0.50
Michèle McCarthy 112,992,544 99.99 7,419 0.01
Duncan Middlemiss 112,991,544 99.99 8,419 0.01
Charles E. Page 112,993,046 99.99 6,917 0.01
Sean Roosen 111,985,646 99.10 1,014,317 0.90
Éric Tremblay 112,994,546 99.99 5,417 0.01
Appointment and Remuneration of Auditor
Based on the proxies received and the votes by ballot, PricewaterhouseCoopers, LLP, Chartered
Professional Accountants, was appointed as independent auditor of the Corporation for the
ensuing year and the directors are authorized to fix its remuneration, with the following results:
RESOLUTION No2 Votes cast
FOR
Percentage (%)
of votes cast
FOR
Votes
WITHHELD
Percentage
(%)
WITHHELD
Appointment and
Remuneration of Auditor 113,054,198 99.99 5,182 0.01
- 2 -
Approval of the Existing Stock Option Plan
Based on the proxies received and the votes by ballot with respect to the adoption of an ordinary
resolution to approve the Corporation’s existing Stock Option Plan, the results are as follows:
RESOLUTION No3 Votes cast
FOR
Percentage (%)
of votes cast
FOR
Votes cast
AGAINST
Percentage
(%)
AGAINST
Ordinary Resolution to
approve the existing Stock
Option Plan 111,730,301 98.88 1,269,662 1.12
About Osisko Development Corp.
Osisko Development Corp. is well -capitalized and uniquely positioned as a premier gold
development company in North America to advance the Cariboo Gold Project and other Canadian
and Mexican properties, with the objective of becoming the next mid -tier gold producer. The
Cariboo Gold Project, located in central British Columbia, is Osisko Development's flagship asset
with measured and indicated resources of 21.44 Mt at 4.60 Au g/t for a total of 3.20 million ounces
of gold and inferred resource of 21.69 Mt at 3.90 Au g/t for a total of 2.70 million ounces of gold
(see NI 43-101 Technical Report for resource October 5th , 2020). The considerable exploration
potential at depth and along strike distinguishes the Cariboo Gold Project relative to other
development assets as does the historically low, all-in discovery costs of US $19 per ounce. The
Cariboo Gold Project is advancing through permitting as a 4,750 tonnes per day underground
operation with a feasibility study on track for completion in the second half of 2021. Osisko
Development's project pipeline is complemented by potential near-term production targeted from
the San Antonio gold project, located in Sonora Mexico and early exploration stage properties
including the Coulon Project and James Bay Properties located in Québec as well as the Guerrero
Properties located in Mexico. Osisko Development began trading on the TSX Venture Exchange
under the symbol "ODV" on December 2, 2020
For further information, please contact Osisko Development Corp.:
Jean Francois Lemonde
Vice President, Investor Relations
Tel. (514) 299-4926
Email : [email protected]