Osisko Mining Inc. (TSX:OSK) announced that it has entered into an agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters for a bought deal private placement of 11,215,000 flow-through common shares at a price of CAD 5.35 for aggregate gross proceeds of CAD 60,000,250 on January 15, 2021. The company will grant the underwriters an option to sell an additional1,870,000 flow-through shares, at the issue price for additional gross proceeds of CAD 10,004,500, exercisable 48 hours prior to closing. The transaction is expected to close on or about February 12, 2021. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the applicable securities regulatory authorities. The securities issued are subject to a hold period in Canada expiring four months and one day from the closing date of the transaction.