Osisko Development Completes Deferred Payment Installment in Connection With the Tintic Acquisition
MONTREAL, July 06, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that in connection with the terms of the Company's previously-completed acquisition in May 2022 of a 100% ownership interest in the Tintic Project located in Central Utah's historic Tintic Mining District (the "Tintic Acquisition"), the Company has satisfied the first of five deferred payments to the sellers. Deferred consideration of US$2,500,000 was paid
Source: yahoo.com
