TSX-listed junior Osisko Mining has raised C$150-million in a private placement, the proceeds of which will be used to advance its projects in Quebec.
The company entered into an agreement with Canaccord Genuity and Eight Capital to act as colead underwriters, on behalf of a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase 41 100 000 units of the corporation at C$3.65 an unit.