{"success":true,"data":{"pressRelease":{"id":"165678","rtpr_id":"nGNX4XhBrv-20261009","ticker":"OGG","exchange":"NYSE","all_tickers":["OGG"],"title":"Osisko Gold Closes Previously Announced US$30 million Strategic Equity Investment by Trafigura","author":"Globe Newswire","published_at":"2026-10-09T17:56:50.140Z","article_body":"TORONTO, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Osisko Gold Group Inc. (NYSE: OGG,\nTSXV: OGG) (\"Osisko Gold\" or the \"Company\") is pleased to announce the closing\nof its previously announced equity investment by Urion Investments Holdings\nLimited (\"Urion\"), an affiliate of Trafigura Canada Limited, as disclosed in\nthe news release of the Company dated September 14, 2026 entitled \"Osisko Gold\nAnnounces Formal Construction Decision and Development Update for the Cariboo\nGold Project\" (the \"Equity Investment\"). Pursuant to the Equity Investment,\nthe Company issued an aggregate of 9,554,141 common shares of the Company\n(each, a \"Common Share\") to Urion at a price of US$3.14 per Common Share,\nrepresenting a 10% premium to the five-day volume weighted average price of\nthe Common Shares on the TSX Venture Exchange prior to signing, for gross\nproceeds of approximately US$30 million. Negotiations toward a definitive\nagreement for a potential prepayment facility of up to US$120 million remain\nongoing.\n\nAs part of the Equity Investment, Urion has entered into a voting support\nagreement with the Company (the \"Voting Support Agreement\"), pursuant to which\nUrion has agreed to vote its Common Shares in accordance with the\nrecommendations of the board of directors or management of the Company,\nsubject to certain exceptions. The Voting Support Agreement also contains\ncustomary standstill and lock-up provisions restricting Urion's ability to\nacquire additional Common Shares or dispose of its Common Shares for specified\nperiods.\n\nThe Company intends to use the net proceeds of the Equity Investment towards\nthe development of the Cariboo Gold Project. The Common Shares issued under\nthe Equity Investment will be subject to a hold period expiring four months\nand one day from the date of issue pursuant to applicable Canadian securities\nlaws. The Equity Investment remains subject to final acceptance by the TSX\nVenture Exchange. No finder's fees or commissions were payable in connection\nwith the Equity Investment. After completion of the Equity Investment, the\nCompany is expected to have 315,809,214 Common Shares issued and outstanding,\nof which Urion will hold approximately 3.0% on a non-diluted basis.\n\nThis news release does not constitute an offer to sell or a solicitation of an\noffer to buy any securities in the United States or any other jurisdiction in\nwhich such offer, solicitation or sale would be unlawful. No securities may be\noffered or sold in the United States or in any other jurisdiction in which\nsuch offer or sale would be unlawful absent registration under the U.S.\nSecurities Act of 1933, or an exemption therefrom or qualification under the\nsecurities laws of such other jurisdiction or an exemption therefrom.\n\n \n ABOUT OSISKO GOLD GROUP INC. \n \n Osisko Gold Group Inc. is a North American gold development company focused on past-producing mining camps with district-scale potential. The Company's objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100%-owned Cariboo Gold Project, currently under construction in central British Columbia, Canada. The Project is situated within the Company's broader Cariboo regional land package, which hosts numerous prospective exploration targets and provides opportunities for future discoveries. Its Cariboo project pipeline is complemented by the Tintic Project, located \n in the historic East Tintic mining district in Utah, U.S.A., a brownfield property with significant exploration potential, extensive historical mining data, and access to established infrastructure. Osisko Gold is focused on developing long-life mining assets in mining-friendly jurisdictions while maintaining a disciplined approach to capital allocation, development risk management, and mineral inventory growth. \n \n For further information, visit our website at www.osiskogold.ca or contact: \n \n Sean Roosen Chairman and CEO Email: sroosen@osiskogold.ca Tel: +1 (514) 940-0685 Philip Rabenok Vice President, Investor Relations Email: prabenok@osiskogold.ca Tel: +1 (437) 423-3644 \n \n \n\nCAUTION REGARDING FORWARD-LOOKING STATEMENTS\n\nThis news release contains “forward-looking information” (within the\nmeaning of applicable Canadian securities laws) and “forward-looking\nstatements” (within the meaning of the U.S. Private Securities Litigation\nReform Act of 1995, as amended) (collectively, “forward-looking\nstatements”). Such forward-looking statements, by their nature, require\nOsisko Gold to make certain assumptions and necessarily involve known and\nunknown risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied in these forward-looking\nstatements. Such forward-looking statements are not guarantees of performance\nand are identified with words such as “may”, “will”, “would”,\n“could”, “expect”, “believe”, “plan”, “anticipate”,\n“intend”, “estimate”, “potential”, “propose”, “project”,\n“outlook”, “foresee”, “continue”, “objective”, “strategy”,\nvariants of these words or the negative or comparable terminology, as well as\nterms usually used in the future and the conditional. Information contained in\nforward-looking statements is based upon certain material assumptions that\nwere applied in drawing a conclusion or making a forecast or projection.\nForward-looking statements in this news release include, but are not limited\nto, statements pertaining to the Company’s anticipated use of proceeds from\nthe Equity Investment; final acceptance of the Equity Investment by the TSX\nVenture Exchange; the terms and effect of the Voting Support Agreement; the\nCompany's ability to successfully negotiate and execute on a prepayment\nfacility on commercially acceptable terms; the ability to advance the Cariboo\nGold Project through construction on the anticipated timeline and within the\nestimated budget and its status as being fully permitted; the Company's\nobjective of becoming an intermediate gold producer; and the exploration\npotential and potential for future discoveries (if any) of its properties.\nOsisko Gold considers its assumptions to be reasonable based on information\ncurrently available but cautions the reader that its assumptions regarding\nfuture events, many of which are beyond the control of Osisko Gold, may\nultimately prove to be incorrect since they are subject to risks and\nuncertainties that affect Osisko Gold and its business. Such risks and\nuncertainties include, but are not limited to: the absence of further work\nstoppages or suspensions at the Cariboo Gold Project; risks associated with\nthe development and construction of the Cariboo Gold Project; risks relating\nto third-party approvals, including the issuance of permits by governments,\nfavourable regulatory conditions and approvals, capital market conditions and\nthe Company’s ability to access capital on terms acceptable to the Company\nfor the contemplated exploration and development at the Company’s\nproperties; the absence of unforeseen ground conditions or other geological\nchallenges; the ability to continue current operations and exploration;\nregulatory framework and presence of laws and regulations that may impose\nrestrictions on mining; errors in management’s geological modelling; the\ntiming and ability of the Company to obtain and maintain required approvals\nand permits; the results of exploration activities; the availability of\nnecessary equipment, supplies and infrastructure; risks relating to\nexploration, development and mining activities; the global economic climate;\nfluctuations in metal and commodity prices; fluctuations in the currency\nmarkets; dilution; environmental risks; and community, non-governmental and\ngovernmental actions and the impact of stakeholder actions. Readers are urged\nto consult the disclosure provided under the heading “Risk Factors” in the\nCompany’s annual information form for the year ended December 31, 2025 as\nwell as those risks and factors disclosed in the Company’s most recent\nfinancial statements and management’s discussion and analysis and other\npublic filings filed under Osisko Gold’s issuer profile on SEDAR+\n(www.sedarplus.ca) and on the SEC’s EDGAR website (www.sec.gov), for further\ninformation regarding the risks and other factors facing the Company, its\nbusiness and operations. Although the Company believes the expectations\nconveyed by the forward-looking statements are reasonable based on information\navailable as of the date hereof, no assurances can be given as to future\nresults, levels of activity and achievements. Forward-looking statements are\nnot guarantees of performance and there can be no assurance that these\nforward-looking statements will prove to be accurate, as actual results and\nfuture events could differ materially from those anticipated in such\nstatements. Accordingly, readers should not place undue reliance on\nforward-looking statements.\n\nReaders are cautioned that the foregoing list of assumptions, risks and\nuncertainties is not exhaustive. The forward-looking statements contained\nherein are made as of the date of this news release and, except as required by\napplicable law, the Company undertakes no obligation to update publicly or to\nrevise any of the forward-looking statements, whether as a result of new\ninformation, future events or otherwise.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this news release. No stock\nexchange, securities commission or other regulatory authority has approved or\ndisapproved the information contained herein.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/395db31e-134e-428e-8f19-c367bada665b)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4XhBrv-20261009","title":"Osisko Gold Closes Previously Announced US$30 million Strategic Equity Investment by Trafigura","author":"Globe Newswire","ticker":"OGG","created":"2026-10-09T17:56:50.140Z","tickers":["OGG"],"exchange":"NYSE","article_body":"TORONTO, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Osisko Gold Group Inc. (NYSE: OGG,\nTSXV: OGG) (\"Osisko Gold\" or the \"Company\") is pleased to announce the closing\nof its previously announced equity investment by Urion Investments Holdings\nLimited (\"Urion\"), an affiliate of Trafigura Canada Limited, as disclosed in\nthe news release of the Company dated September 14, 2026 entitled \"Osisko Gold\nAnnounces Formal Construction Decision and Development Update for the Cariboo\nGold Project\" (the \"Equity Investment\"). Pursuant to the Equity Investment,\nthe Company issued an aggregate of 9,554,141 common shares of the Company\n(each, a \"Common Share\") to Urion at a price of US$3.14 per Common Share,\nrepresenting a 10% premium to the five-day volume weighted average price of\nthe Common Shares on the TSX Venture Exchange prior to signing, for gross\nproceeds of approximately US$30 million. Negotiations toward a definitive\nagreement for a potential prepayment facility of up to US$120 million remain\nongoing.\n\nAs part of the Equity Investment, Urion has entered into a voting support\nagreement with the Company (the \"Voting Support Agreement\"), pursuant to which\nUrion has agreed to vote its Common Shares in accordance with the\nrecommendations of the board of directors or management of the Company,\nsubject to certain exceptions. The Voting Support Agreement also contains\ncustomary standstill and lock-up provisions restricting Urion's ability to\nacquire additional Common Shares or dispose of its Common Shares for specified\nperiods.\n\nThe Company intends to use the net proceeds of the Equity Investment towards\nthe development of the Cariboo Gold Project. The Common Shares issued under\nthe Equity Investment will be subject to a hold period expiring four months\nand one day from the date of issue pursuant to applicable Canadian securities\nlaws. The Equity Investment remains subject to final acceptance by the TSX\nVenture Exchange. No finder's fees or commissions were payable in connection\nwith the Equity Investment. After completion of the Equity Investment, the\nCompany is expected to have 315,809,214 Common Shares issued and outstanding,\nof which Urion will hold approximately 3.0% on a non-diluted basis.\n\nThis news release does not constitute an offer to sell or a solicitation of an\noffer to buy any securities in the United States or any other jurisdiction in\nwhich such offer, solicitation or sale would be unlawful. No securities may be\noffered or sold in the United States or in any other jurisdiction in which\nsuch offer or sale would be unlawful absent registration under the U.S.\nSecurities Act of 1933, or an exemption therefrom or qualification under the\nsecurities laws of such other jurisdiction or an exemption therefrom.\n\n \n ABOUT OSISKO GOLD GROUP INC. \n \n Osisko Gold Group Inc. is a North American gold development company focused on past-producing mining camps with district-scale potential. The Company's objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100%-owned Cariboo Gold Project, currently under construction in central British Columbia, Canada. The Project is situated within the Company's broader Cariboo regional land package, which hosts numerous prospective exploration targets and provides opportunities for future discoveries. Its Cariboo project pipeline is complemented by the Tintic Project, located \n in the historic East Tintic mining district in Utah, U.S.A., a brownfield property with significant exploration potential, extensive historical mining data, and access to established infrastructure. Osisko Gold is focused on developing long-life mining assets in mining-friendly jurisdictions while maintaining a disciplined approach to capital allocation, development risk management, and mineral inventory growth. \n \n For further information, visit our website at www.osiskogold.ca or contact: \n \n Sean Roosen Chairman and CEO Email: sroosen@osiskogold.ca Tel: +1 (514) 940-0685 Philip Rabenok Vice President, Investor Relations Email: prabenok@osiskogold.ca Tel: +1 (437) 423-3644 \n \n \n\nCAUTION REGARDING FORWARD-LOOKING STATEMENTS\n\nThis news release contains “forward-looking information” (within the\nmeaning of applicable Canadian securities laws) and “forward-looking\nstatements” (within the meaning of the U.S. Private Securities Litigation\nReform Act of 1995, as amended) (collectively, “forward-looking\nstatements”). Such forward-looking statements, by their nature, require\nOsisko Gold to make certain assumptions and necessarily involve known and\nunknown risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied in these forward-looking\nstatements. Such forward-looking statements are not guarantees of performance\nand are identified with words such as “may”, “will”, “would”,\n“could”, “expect”, “believe”, “plan”, “anticipate”,\n“intend”, “estimate”, “potential”, “propose”, “project”,\n“outlook”, “foresee”, “continue”, “objective”, “strategy”,\nvariants of these words or the negative or comparable terminology, as well as\nterms usually used in the future and the conditional. Information contained in\nforward-looking statements is based upon certain material assumptions that\nwere applied in drawing a conclusion or making a forecast or projection.\nForward-looking statements in this news release include, but are not limited\nto, statements pertaining to the Company’s anticipated use of proceeds from\nthe Equity Investment; final acceptance of the Equity Investment by the TSX\nVenture Exchange; the terms and effect of the Voting Support Agreement; the\nCompany's ability to successfully negotiate and execute on a prepayment\nfacility on commercially acceptable terms; the ability to advance the Cariboo\nGold Project through construction on the anticipated timeline and within the\nestimated budget and its status as being fully permitted; the Company's\nobjective of becoming an intermediate gold producer; and the exploration\npotential and potential for future discoveries (if any) of its properties.\nOsisko Gold considers its assumptions to be reasonable based on information\ncurrently available but cautions the reader that its assumptions regarding\nfuture events, many of which are beyond the control of Osisko Gold, may\nultimately prove to be incorrect since they are subject to risks and\nuncertainties that affect Osisko Gold and its business. Such risks and\nuncertainties include, but are not limited to: the absence of further work\nstoppages or suspensions at the Cariboo Gold Project; risks associated with\nthe development and construction of the Cariboo Gold Project; risks relating\nto third-party approvals, including the issuance of permits by governments,\nfavourable regulatory conditions and approvals, capital market conditions and\nthe Company’s ability to access capital on terms acceptable to the Company\nfor the contemplated exploration and development at the Company’s\nproperties; the absence of unforeseen ground conditions or other geological\nchallenges; the ability to continue current operations and exploration;\nregulatory framework and presence of laws and regulations that may impose\nrestrictions on mining; errors in management’s geological modelling; the\ntiming and ability of the Company to obtain and maintain required approvals\nand permits; the results of exploration activities; the availability of\nnecessary equipment, supplies and infrastructure; risks relating to\nexploration, development and mining activities; the global economic climate;\nfluctuations in metal and commodity prices; fluctuations in the currency\nmarkets; dilution; environmental risks; and community, non-governmental and\ngovernmental actions and the impact of stakeholder actions. Readers are urged\nto consult the disclosure provided under the heading “Risk Factors” in the\nCompany’s annual information form for the year ended December 31, 2025 as\nwell as those risks and factors disclosed in the Company’s most recent\nfinancial statements and management’s discussion and analysis and other\npublic filings filed under Osisko Gold’s issuer profile on SEDAR+\n(www.sedarplus.ca) and on the SEC’s EDGAR website (www.sec.gov), for further\ninformation regarding the risks and other factors facing the Company, its\nbusiness and operations. Although the Company believes the expectations\nconveyed by the forward-looking statements are reasonable based on information\navailable as of the date hereof, no assurances can be given as to future\nresults, levels of activity and achievements. Forward-looking statements are\nnot guarantees of performance and there can be no assurance that these\nforward-looking statements will prove to be accurate, as actual results and\nfuture events could differ materially from those anticipated in such\nstatements. Accordingly, readers should not place undue reliance on\nforward-looking statements.\n\nReaders are cautioned that the foregoing list of assumptions, risks and\nuncertainties is not exhaustive. The forward-looking statements contained\nherein are made as of the date of this news release and, except as required by\napplicable law, the Company undertakes no obligation to update publicly or to\nrevise any of the forward-looking statements, whether as a result of new\ninformation, future events or otherwise.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this news release. No stock\nexchange, securities commission or other regulatory authority has approved or\ndisapproved the information contained herein.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/395db31e-134e-428e-8f19-c367bada665b)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-09T17:56:50.17979685Z","server_sent_at_ms":1791568610179},"received_at":"2026-10-09T17:56:50.352Z","source_url":null},"analysis":{"id":"154066","press_release_id":"165678","analysis_json":{"industry":{"label":"Gold","sector":"Materials"},"redFlags":["Equity Investment remains subject to final TSX Venture Exchange acceptance","prepayment facility agreement not yet definitive and may not close"],"eventType":"offering","narrative":"Osisko Gold closed its previously announced US$30 million strategic equity investment by Urion Investments Holdings, an affiliate of Trafigura Canada, issuing 9,554,141 shares at US$3.14 each.\n\nThe price represented a 10% premium to the five-day VWAP prior to signing, and Urion signed a voting support agreement with standstill and lock-up provisions, holding roughly 3.0% of the 315.8 million shares outstanding post-deal.\n\nProceeds fund the Cariboo Gold Project construction, and negotiations continue toward a potential prepayment facility of up to US$120 million with Trafigura's affiliate.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Trafigura-affiliated funding closed at a premium, with a possible US$120M prepayment facility still in play for Cariboo construction."},"keyFigures":{"dealValueUsd":30000000,"offeringPrice":3.14,"sharesOffered":9554141,"customDimensions":{"premium_to_vwap":"10%","urion_ownership":"approximately 3.0% non-diluted","shares_outstanding_after":315809214,"potential_prepayment_facility_usd":120000000}},"namedEntities":{"people":[{"name":"Sean Roosen","role":"Chairman and CEO"},{"name":"Philip Rabenok","role":"Vice President, Investor Relations"}],"products":["Cariboo Gold Project","Tintic Project"],"companies":[{"name":"Osisko Gold Group Inc.","ticker":"OGG","relationship":"issuer"},{"name":"Urion Investments Holdings Limited","relationship":"strategic investor"},{"name":"Trafigura Canada Limited","relationship":"affiliate of investor"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"US$30 million","context":"gross proceeds of equity investment"},{"amount":"US$3.14","context":"price per common share"},{"amount":"US$120 million","context":"potential prepayment facility under negotiation"}]},"materialImpact":{"score":3,"reasoning":"Closing of a previously announced US$30M strategic investment by a Trafigura affiliate, priced at a 10% premium to VWAP (non-dilutive in market terms), plus ongoing negotiations for a potential US$120M prepayment facility. Material funding for Cariboo development but not a new surprise."},"tickerRelevance":{"others":[],"primary":"OGG"},"globalImportance":30,"audienceRelevance":25,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"strategic-investment-closing","pricingSignal":"10% premium to VWAP","strategicInvestorBoost":"Trafigura affiliate"}},"event_type":"offering","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":3,"narrative":"Osisko Gold closed its previously announced US$30 million strategic equity investment by Urion Investments Holdings, an affiliate of Trafigura Canada, issuing 9,554,141 shares at US$3.14 each.\n\nThe price represented a 10% premium to the five-day VWAP prior to signing, and Urion signed a voting support agreement with standstill and lock-up provisions, holding roughly 3.0% of the 315.8 million shares outstanding post-deal.\n\nProceeds fund the Cariboo Gold Project construction, and negotiations continue toward a potential prepayment facility of up to US$120 million with Trafigura's affiliate.","key_figures":{"dealValueUsd":30000000,"offeringPrice":3.14,"sharesOffered":9554141,"customDimensions":{"premium_to_vwap":"10%","urion_ownership":"approximately 3.0% non-diluted","shares_outstanding_after":315809214,"potential_prepayment_facility_usd":120000000}},"named_entities":{"people":[{"name":"Sean Roosen","role":"Chairman and CEO"},{"name":"Philip Rabenok","role":"Vice President, Investor Relations"}],"products":["Cariboo Gold Project","Tintic Project"],"companies":[{"name":"Osisko Gold Group Inc.","ticker":"OGG","relationship":"issuer"},{"name":"Urion Investments Holdings Limited","relationship":"strategic investor"},{"name":"Trafigura Canada Limited","relationship":"affiliate of investor"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"US$30 million","context":"gross proceeds of equity investment"},{"amount":"US$3.14","context":"price per common share"},{"amount":"US$120 million","context":"potential prepayment facility under negotiation"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-09T17:56:54.783Z","global_importance":30,"audience_relevance":25,"importance_components":{"tickerTier":"small-cap","eventGravity":"strategic-investment-closing","pricingSignal":"10% premium to VWAP","strategicInvestorBoost":"Trafigura affiliate"}},"durationMs":4414,"modelName":"glm-5.3-flashx"}}