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OSISKO MINING ANNOUNCES C$75 MILLION "BOUGHT DEAL" PRIVATE PLACEMENT OF UNITS

Newswire.ca - Mon Feb 6, 2023

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Feb. 6, 2023 /CNW/ - Osisko Mining Inc. (TSX: OSK) ("Osisko" or the "Corporation") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a "bought deal" private placement basis, 24,195,000 units of the Corporation (each, a "Unit") at a price of C$3.10 per Unit (the "Offering Price") for gross proceeds of C$75,004,500 (the "Underwritten Offering").

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