Osisko Mining Inc.

10:28 AM EST - Osisko Mining Inc. : Has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters in connection with a "bought deal" private placement financing of an aggregate of 11,215,000 common shares of the Corporation that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act ( Canada ) and section 359.1 of the Taxation Act (Québec). The Flow-Through Shares will be issued at a price of $5.35 for aggregate gross proceeds of $60,000,250 . In addition, the Corporation will grant the Underwriters an option to sell an additional 1,870,000 Flow-Through Shares, at the Issue Price for additional gross proceeds of $10,004,500, exercisable 48 hours prior to closing. Osisko Mining Inc. shares T.OSK are trading down $0.23 at $3.24.