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MONTREAL, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to announce the appointment of Mr. Stephen Quin, a seasoned mining executive, as independent director to the Company's board of directors effective immediately.
"On behalf of the entire Board, we are delighted to welcome a director of Stephen's calibre, and a veteran of the mining sector, to the board of directors of Osisko Development," commented Sean Roosen, Founder, Chairman and CEO. "With over 40 years of experience in the mining sector, Stephen's exceptional technical expertise, proven leadership experience and strong strategic acumen, will greatly enhance our Board as we position the Company for success. Through his prior roles as the former President & COO of Capstone Mining—and President & CEO of Sherwood Copper prior to its merger—Mr. Quin has demonstrated a strong commitment to responsible mine development & operation, while maximizing shareholder value. Notably, he was responsible for successfully permitting, funding, and constructing the Minto copper-gold mine in the Yukon, Canada, which was completed on time & budget. Stephen's comprehensive track record and diverse industry exposure through practically all facets of the mining cycle—from discovery to operation—make him an invaluable asset as we advance Cariboo toward construction. His appointment reflects strong confidence in the quality of the Cariboo project and its potential to become one of Canada's next large-scale gold mines."
Mr. Quin holds a BSc (Honours) in Mining Geology from the Royal School of Mines, London, and brings over 40 years of experience across all stages of the mining industry, from exploration through operations and closure. Most recently, he spent a decade as President & CEO of Midas Gold Corp. (now Perpetua Resources Corp.) advancing a large-scale gold-antimony project from a maiden mineral resource through completion of a feasibility study. Prior to that, he held senior leadership roles including President & COO of Capstone Mining Corp. and, before its merger with Capstone, President & CEO of Sherwood Copper Corp. Additionally, he served as Executive Vice President at Miramar Mining Corp. and its copper exploration affiliate, Northern Orion Exploration. Mr. Quin started his career with what became Imperial Metals Corp., where he was responsible for the advancement of their polymetallic copper-lead-zinc project.