Osisko Metals Incorporated announced that it has entered into an agreement for a private placement on best efforts to issue up to 7,500,000 flow through common shares at an issue price of CAD 0.4 per flow through share for gross proceeds of up to CAD 3,000,000 on June 21, 2023. In connection with the transaction, the agents will have an option, exercisable in full or in part, up to 48 hours prior to the closing of the transaction, to raise additional gross proceeds of up to CAD 500,000 from the offer and sale of up to an additional 1,250,000 flow through shares at the transaction price per flow through share. The transaction is expected to close on or about July 12, 2023, or such other date or dates as the company and the lead agent may agree and remains subject to the receipt of all necessary approvals, including, but not limited to, the conditional approval of the TSX Venture Exchange.