MONTRÉAL, April 29, 2021 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "
Corporation" or "
Osisko Metals") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: OB51) is pleased to announce that it has closed its previously-announced brokered private placement, pursuant to which the Corporation sold an aggregate of 12,000,000 common shares of the Corporation that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the
Income Tax Act (Canada)) ("
Flow-Through Shares") at a price of C$0.50 per Flow-Through Share for aggregate gross proceeds of C$6,000,000, including the exercise in full of the agent's option (the "
Offering").
The Offering was led by Haywood Securities Inc., as sole agent and book runner ("