Osisko Development Announces Annual Grant of Incentive Awards
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) has announced its annual compensation grants, including 1,273,900 stock options to senior officers and employees, 1,177,200 restricted share units (RSUs), and 229,573 deferred share units (DSUs) to independent directors. The stock options are exercisable at C$2.57 per share and will expire on May 13, 2030, with vesting occurring in three equal parts from 2026 to 2028. RSUs will cliff vest in 2028, while DSUs will vest according to the Omnibus Plan terms.
The company's Omnibus Plan, approved by shareholders on May 7, 2025, is a fixed 20% plan with a maximum of 27,324,297 common shares reserved for issuance through various equity incentive instruments.
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ha annunciato le sue assegnazioni annuali di compensi, comprendenti 1.273.900 opzioni su azioni per dirigenti senior e dipendenti, 1.177.200 unit脿 azionarie vincolate (RSU) e 229.573 unit脿 azionarie differite (DSU) destinate ai direttori indipendenti. Le opzioni su azioni sono esercitabili a 2,57 CAD per azione e scadranno il 13 maggio 2030, con l'acquisizione dei diritti suddivisa in tre parti uguali dal 2026 al 2028. Le RSU matureranno in un'unica soluzione nel 2028, mentre le DSU matureranno secondo i termini del Piano Omnibus.
Il Piano Omnibus della societ脿, approvato dagli azionisti il 7 maggio 2025, 猫 un piano fisso al 20% con un massimo di 27.324.297 azioni ordinarie riservate per l'emissione tramite vari strumenti di incentivazione azionaria.
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ha anunciado sus concesiones anuales de compensaci贸n, incluyendo 1,273,900 opciones sobre acciones para altos ejecutivos y empleados, 1,177,200 unidades restringidas de acciones (RSU) y 229,573 unidades diferidas de acciones (DSU) para directores independientes. Las opciones sobre acciones son ejercitables a 2,57 CAD por acci贸n y expirar谩n el 13 de mayo de 2030, con la adquisici贸n de derechos en tres partes iguales desde 2026 hasta 2028. Las RSU se consolidar谩n completamente en 2028, mientras que las DSU se consolidar谩n seg煤n los t茅rminos del Plan Omnibus.
El Plan Omnibus de la compa帽铆a, aprobado por los accionistas el 7 de mayo de 2025, es un plan fijo del 20% con un m谩ximo de 27,324,297 acciones ordinarias reservadas para emisi贸n a trav茅s de diversos instrumentos de incentivos de capital.
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須岇偓鞚� Omnibus 瓿勴殟鞚� 2025雲� 5鞗� 7鞚� 欤检＜霌れ潣 鞀轨澑鞚� 氚涭晿鞙茧┌, 雼れ枒頃� 欤检嫕 鞚胳劶韹半笇 靾橂嫧鞚� 韱淀暣 斓滊寑 27,324,297 氤错喌欤�臧� 氚滍枆霅� 靾� 鞛堧弰搿� 瓿犾爼 20% 瓿勴殟鞛呺媹雼�.
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) a annonc茅 ses attributions annuelles de r茅mun茅ration, comprenant 1 273 900 options d'achat d'actions pour les cadres sup茅rieurs et employ茅s, 1 177 200 unit茅s d'actions restreintes (RSU) et 229 573 unit茅s d'actions diff茅r茅es (DSU) destin茅es aux administrateurs ind茅pendants. Les options d'achat sont exer莽ables 脿 2,57 CAD par action et expireront le 13 mai 2030, avec une acquisition des droits en trois parts 茅gales de 2026 脿 2028. Les RSU seront acquises en bloc en 2028, tandis que les DSU seront acquises conform茅ment aux termes du Plan Omnibus.
Le Plan Omnibus de la soci茅t茅, approuv茅 par les actionnaires le 7 mai 2025, est un plan fixe 脿 20 % avec un maximum de 27 324 297 actions ordinaires r茅serv茅es pour 茅mission via divers instruments d'incitation en actions.
Osisko Development Corp. (NYSE: ODV, TSXV: ODV) hat seine j盲hrlichen Verg眉tungszuteilungen bekannt gegeben, darunter 1.273.900 Aktienoptionen f眉r leitende Angestellte und Mitarbeiter, 1.177.200 Restricted Share Units (RSUs) sowie 229.573 Deferred Share Units (DSUs) f眉r unabh盲ngige Direktoren. Die Aktienoptionen sind zu einem Aus眉bungspreis von 2,57 CAD pro Aktie aus眉bbar und laufen am 13. Mai 2030 ab, wobei die Vesting-Phase in drei gleichen Teilen von 2026 bis 2028 erfolgt. Die RSUs werden im Jahr 2028 vollst盲ndig vesten, w盲hrend die DSUs gem盲脽 den Bedingungen des Omnibus-Plans vesten.
Der Omnibus-Plan des Unternehmens, der am 7. Mai 2025 von den Aktion盲ren genehmigt wurde, ist ein fixer 20%-Plan mit maximal 27.324.297 Stammaktien, die f眉r die Ausgabe durch verschiedene Equity-Incentive-Instrumente reserviert sind.
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MONTREAL, May 13, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that, as part of the annual compensation review of its Board of Directors, it has granted an aggregate of (i) 1,273,900 stock options of the Company (the "Options") to certain senior officers and non-executive employees of the Company, (ii) 1,177,200 restricted share units of the Company ("RSUs") to certain senior officers and non-executive employees of the Company, and (iii) 229,573 deferred share units of the Company ("DSUs") to its independent directors (collectively, the "Incentive Awards"), in accordance with the terms of the Company's omnibus equity incentive plan ("Omnibus Plan").
The Incentive Awards constitute the Company's annual security-based compensation grants, consistent with its regular annual compensation cycle. The Options are exercisable at a price of C
The Omnibus Plan was adopted by the Board of Directors on March 26, 2025 and approved by shareholders of the Company at the annual and special meeting of shareholders that was held on May 7, 2025. The Omnibus Plan is a fixed
For more details regarding the Omnibus Plan, please refer to the Company's management information circular dated March 26, 2025 (the "Circular") which is accessible on SEDAR+ () under the Company's issuer profile. The full text of the Omnibus Plan is appended as Schedule "C" to the Circular. A copy of the Circular and the Omnibus Plan is also available on the Company's website at .
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 flagship permitted
For further information, visit our website at or contact:
| Sean Roosen | Philip Rabenok |
| Chairman and CEO | Vice President, Investor Relations |
| Email: [email protected] | Email: [email protected] |
| Tel: +1 (514) 940-0685 | Tel: +1 (437) 423-3644 |
| 听 | 听 |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 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.
FAQ
What is the exercise price of ODV's newly granted stock options in May 2025?
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