Osisko Development files early warning report regarding Falco Resources

Osisko Development (ODV) reports that, on October 17, 2025, Osisko Development acquired, indirectly through its wholly-owned subsidiary, Barkerville Gold Mines, 6,250,000 units of Falco Resources (FPRGF) at a price of C$0.32 per Unit for an aggregate purchase price of C$2,000,000, in connection with a “bought deal” private placement of 41,005,000 Units completed by Falco. Each Unit consisted of one common share of Falco and one-half of one Common Share purchase warrant of Falco. Immediately prior to the Offering, Osisko Development owned or controlled, indirectly through its wholly-owned subsidiary, BGM, an aggregate of 48,675,240 Common Shares and 1,790,000 Warrants representing approximately 16.0% of the issued and outstanding Common Shares on a basic non-diluted basis, and 16.5% of the issued and outstanding Common Shares on a partially diluted basis. As a result of and immediately following completion of the Offering, Osisko Development owned or controlled, indirectly through its wholly-owned subsidiary, BGM, an aggregate of 54,925,240 Common Shares and 4,915,000 Warrants, representing approximately15.9% of the issued and outstanding Common Shares on a basic non-diluted basis, and 17.1% of the issued and outstanding Common Shares on a partially diluted basis.