Osisko Development and Electric Elements File Early Warning Report for Niobay Metals Inc.

TORONTO, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development") announces that, on December 18, 2025, Osisko Development acquired, indirectly through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("BGM"), 8,571,429 units of Niobay Metals Inc. ("Niobay") at a price of $0.14 per unit for an aggregate subscription price of $1,200,000.06, pursuant to a private placement completed by Niobay (the "Offering"). Each unit consisted of one common share of Niobay (each, a "Common Share") and one Common Share purchase warrant of Niobay (each, a "Warrant").