Osprey Gold Development Ltd. (TSXV:OS) announced that it has completed a non-brokered private placement of 1,071,500 flow-through units at a price of CAD 0.07 per flow-through unit for proceeds of CAD 75,005 on December 30, 2019. The transaction included participation from one placee. Each flow-through unit consists of one common share and one half of one share purchase warrant. Each warrant entitles the holder to purchase an additional common share at a price of CAD 0.12 per share for a period of 24 months from the date of issue. The securities issued in the transaction are subject to a hold period of four months and one day from the date of issuance. The transaction is subject to final acceptance by the TSX Venture Exchange. The company paid a finder's fees of CAD 5,250 and 75,005 finders' warrants exercisable to acquire one common share at a price of CAD 0.12 per share for a period of 24 months. The TSX Venture Exchange has accepted for filing documentation.