Osisko Gold Closes $30-Million Investment by Trafigura Canada

MT newswire2026/10/09 18:23

02:23 PM EDT, 10/09/2026 (MT Newswires) -- Osisko Gold Group (OGG.V) closed a $30-million equity investment by Trafigura Canada, the company said on Friday. Osisko issued 9.55 million shares at $3.14 each. Proceeds will be used to develop the Cariboo Gold project in British Columbia. Trafigura controls a 3.0% stake in Osisko following the investment. Negotiations to seal a potential prepayment facility of up to $120 million are continuing, a statement said. Osisko Gold shares were last seen up CA$0.16 to CA$4.10 on the TSX Venture Exchange. Price: 4.11, Change: +0.17, Percent Change: +4.31

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