Osisko Development to Complete Third Deferred Payment Installment in Connection with the Tintic Acquisition; Engages Resource Stock Digest
Third Deferred Payment Announcement: Osisko Development Corp. plans to make a US$2.5 million third deferred payment for the Tintic Project acquisition in common shares, subject to TSX Venture Exchange approval, resulting in the issuance of approximately 1.37 million shares.
Marketing Services Agreement: The company has entered into a six-month marketing services agreement with Resource Stock Digest for US$250,000, aimed at enhancing investor relations and promotional activities, also pending Exchange approval.
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Monday's Top Performers: Television & Radio, Precious Metals
Precious Metals Performance: Precious metals shares have shown relative strength, increasing by approximately 3% as a group on Monday.
Leading Companies: Osisko Development led the gains with a remarkable increase of about 157.4%, while Taseko Mines saw a rise of about 3.9%.
Sector Leaders: The video highlights Monday's sector leaders, including Television & Radio and Precious Metals.
Author's Views: The opinions expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
Tuesday's Underperformers: Precious Metals and Life & Health Insurance Stocks
Market Performance: Life and health insurance shares are lagging behind the market, down approximately 1.7% overall.
Key Contributors: Lincoln National and Oscar Health are leading the decline, with their shares down about 3.9% and 3.8%, respectively.
