Osisko Critical Minerals Upsizes Private Placement to C$250m on Strong Investor Demand
Dow Jones
Sep 21
Osisko Metals' subsidiary has just upsized its private placement of special warrants by 150 million Canadian dollars ($107.3 million) following heavy investor demand.
The company on Monday said that Osisko Critical Minerals, a newly formed spin-out subsidiary, has more than doubled its best efforts private placement of special warrants to C$250 million.
Chief Executive John Burzynski said the decision followed overwhelming demand from investors.
Last week, the company announced a C$100 million private placement, looking raise funds to advance its drill and exploration program in New Brunswick.
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