Osisko Gold amends US$450 million Appian loan facility for Cariboo Gold project

• Osisko Gold amended its US$450 million Appian senior secured project loan to fund the Cariboo Gold Project in British Columbia.
• Appian cleared key technical conditions for the remaining undrawn US$350 million, citing completed Lowhee infill drilling and ore-sorting work.
• Pricing tightened to 3-month SOFR + 9% on the initial draw, down from 9.5%, with the SOFR adjustment removed.
• Second-draw margin cut to SOFR + 7.25% from 7.5%, with improved covenants and a 12-month extension of interest-in-kind flexibility.
• Release of the second draw still hinges on construction-readiness milestones, including detailed engineering, procurement, updated costs, and schedule.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Osisko Gold Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-005689), on August 20, 2026, and is solely responsible for the information contained therein.