OSISKO DEVELOPMENT CORP. - and - TSX TRUST COMPANY SUPPLEMENTAL WARRANT INDENTURE Dated as of March 17, 2023Osisko Development Corp. • May 5th, 2023 • Gold and silver ores • Ontario
AND WHEREAS pursuant to the terms and conditions of an underwriting agreement dated March 2, 2022 (the "Underwriting Agreement"), among the Corporation and Eight Capital, BMO Nesbitt Burns Inc., National Bank Financial Inc., Canaccord Genuity Corp., RBC Capital Markets, PI Financial Corp. and Desjardins Securities Inc. (collectively, the "Underwriters"), the Corporation proposes to issue and sell 23,258,750 Subscription Receipts (as defined herein) and/or Units (as defined herein), at a price of $4.45 per Subscription Receipt or Unit on a bought deal private placement basis (the "Offering");
OSISKO DEVELOPMENT CORP. - and - TSX TRUST COMPANY SECOND SUPPLEMENTAL WARRANT INDENTURE Dated as of March 17, 2023Warrant Indenture • May 5th, 2023 • Osisko Development Corp. • Gold and silver ores • Ontario
AND WHEREAS the Corporation proposes to issue and sell up to 31,500,000 Subscription Receipts (as defined herein), at a price of US$3.50 per Subscription Receipt on a non-brokered private placement basis (the "Offering");
