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Press release from Marketwire

Osisko Appoints Gary Sugar to Board of Directors

Wednesday, March 14, 2012

Osisko Appoints Gary Sugar to Board of Directors08:00 EDT Wednesday, March 14, 2012MONTREAL, QUEBEC--(Marketwire - March 14, 2012) - Osisko Mining Corporation ("Company", (TSX:OSK) (FRANKFURT:EWX) is pleased to announce that Mr. Gary Sugar has joined its Board of Directors.Mr. Sugar recently retired from his position as a Managing Director, RBC Capital Markets following a 32-year career serving clients in the mining industry. Mr. Sugar is a graduate of the University of Toronto, Bachelor of Science (Geology), and Masters in Business Administration.Victor H. Bradley, Chairman of the Board of Directors, commenting on Mr. Sugar's appointment stated: "We are very pleased that Gary has joined our Board. Osisko will benefit from his insights and years of experience acquired in advising leading Canadian mining companies, as the Company continues its transformation into a leading intermediate gold producer."About Osisko Mining Corporation Osisko Mining Corporation operates the Canadian Malartic Gold Mine in Malartic, Quebec and is pursuing exploration on a number of properties, including the Hammond Reef Gold Project in Northern Ontario. Canadian Malartic's production is 100% unhedged.FOR FURTHER INFORMATION PLEASE CONTACT: Vice-President, Corporate DevelopmentJohn Burzynski(416) 363-8653ORDirector of Investor RelationsSylvie Prud'homme(514) 735-7131Toll Free: 1-888-674-7563www.osisko.com