TSXV:ODV

Osisko Gold Announces CFO Transition to Support Its Next Stage of Growth

Osisko Gold Group names new CFO as leadership transition unfolds

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    <h3>Information</h3>
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    <h3>AI Summary</h3>
    <p>Osisko Gold Group disclosed CFO Alexander Dann will retire after 35 years, with Elijah Tyshynski stepping in during a transition. The change supports the company’s growth plan and ongoing financial discipline as it advances Cariboo and related assets. The move could indirectly affect Osisko Development (ODV) through strengthened corporate governance and capital-allocation practices across the Osisko group.</p>
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    <h3>Key Points</h3>
    <ul><li>Osisko Gold Group announces CFO retirement and leadership transition.</li><li>Elijah Tyshynski named successor with transition plan; extensive capital markets experience.</li><li>Roosen: Company enters next growth phase with a robust balance sheet.</li><li>Forward-looking statements and risks accompanying the leadership news.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Osisko Gold Group Inc. (OGG)</strong>: CFO transition; leadership change could influence financial strategy across the Osisko ecosystem.</li><li><strong>ATEX Resources Inc. (ATEX)</strong>: Former employer of the incoming CFO; signals cross-company governance and capital markets experience.</li><li><strong>Agnico Eagle Mines Ltd. (AEM)</strong>: Referenced in context of Osisko-related transactions; potential indirect link to Osisko group financing activity.</li><li><strong>Osisko Development Corp. (ODV)</strong>: Indirect exposure via Osisko ecosystem; potential correlation with Osisko governance and capital allocation.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Fits as a governance/leadership-change update with potential cross-company implications for Osisko ecosystem and related holdings like ODV.</p>
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    <h3>Market-Moving</h3>
    <ul><li>Leadership change at Osisko Gold Group may alter near-term funding and capex discussions across the Osisko ecosystem.</li><li>New CFO Tyshynski brings capital markets and governance experience, potentially improving financing execution.</li><li>No immediate Osisko Gold catalysts; potential indirect upside for related Osisko entities, including ODV.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of press release: August 25, 2026.</li><li>CFO Alexander Dann to retire after a 35-year career; transition period planned.</li><li>Elijah Tyshynski appointed CFO; previously CFO and Corporate Secretary at ATEX Resources (2025).</li><li>Osisko Gold Group aims to become an intermediate gold producer with Cariboo and Tintic assets.</li><li>Cariboo Gold Project is 100%-owned and fully permitted; Tintic Project located in Utah.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>ODV could drift modestly higher within 3–12 months if Osisko Gold strengthens capital discipline and funding capabilities.</p>
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  <p>Osisko Gold Group Inc. announced that Alexander Dann will retire as Chief Financial Officer and Vice President, Finance, after a distinguished <strong>35-year</strong> career. Dann will remain with the Company through a transition period to support an orderly handover of responsibilities. In line with the Company’s planned leadership succession, Elijah Tyshynski will be appointed CFO and will join the senior leadership team following a period of transition, bringing extensive financial and capital markets experience as the Company enters its <strong>next stage of growth</strong>. For market reference, TSXV:ODV is used in cross-listing databases to index Osisko Gold Group’s shares.</p>

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    <h2>Leadership transition details</h2>
    <p><strong>Sean Roosen, Chairman and CEO, commented:</strong> <em>“We thank Alex for his significant contributions and leadership over the past five years. He was instrumental in guiding the Company through an important period and ensuring it enters its next phase of growth from a position of financial strength. On behalf of the Board of Directors and our entire team, I extend our sincere appreciation to Alex for his exemplary service and wish him all the best in his well-earned retirement. Elijah joins the Company at a pivotal time and inherits a robust balance sheet. We believe his experience and capabilities will help maintain the financial discipline required to execute our growth strategy and deliver long-term value for all shareholders.”</em></p>

    <p><strong>Reflecting on his tenure, Mr. Dann commented:</strong> <em>“Serving as CFO of Osisko Gold has been a privilege, and I am grateful to have worked alongside such a talented team. The Company is well-positioned for continued success, and I am confident the team will carry that momentum forward.”</em></p>
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    <h2>Incoming CFO: Elijah Tyshynski — Background and qualifications</h2>
    <p>Mr. Tyshynski joins Osisko Gold from ATEX Resources Inc. where he served as Chief Financial Officer and Corporate Secretary from 2025 following the sale of O3 Mining to Agnico Eagle Mines (<em>“Agnico”</em>). During his time with O3 Mining, he acted as Chief Financial Officer and Corporate Secretary and oversaw financial and regulatory reporting, financings, implementation of internal policies and processes, and the eventual transaction with Agnico. Prior to, and during his time with O3 Mining, Mr. Tyshynski worked with Osisko Mining as the Director of Strategic Development, along with providing capital markets and strategic advice to other companies within the Osisko Group. Mr. Tyshynski’s background includes extensive infrastructure financing and structuring experience across developed and emerging markets, including at the sovereign and supranational levels, having held the position of Senior Portfolio Manager at Ontario Teachers Pension Plan, Head of Trading for the Standard Bank of South Africa in Johannesburg, and Vice President of Emerging Market Trading for both Morgan Stanley and Royal Bank of Canada in London, England.</p>
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    <h2>About Osisko Gold Group Inc.</h2>
    <p>Osisko Gold Group Inc. is a continental North American gold development company focused on past producing mining camps with district-scale potential. The Company’s objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100%-owned Cariboo Gold Project, located within the Company’s broader Cariboo regional land package in central British Columbia, Canada, which hosts numerous prospective exploration targets and provides opportunities for future discoveries. Its Cariboo project pipeline is complemented by the Tintic Project, located in the historic East Tintic mining district in Utah, U.S.A., a brownfield property with significant exploration potential, extensive historical mining data, and access to established infrastructure. Osisko Gold is focused on developing long-life mining assets in mining-friendly jurisdictions while maintaining a disciplined approach to capital allocation, development risk management, and mineral inventory growth.</p>
    <p>For further information, visit our website at <a href="http://www.osiskogold.ca/" rel="nofollow" target="_blank"><strong>www.osiskogold.ca</strong></a> or contact:</p>

    <ul>
      <li><strong>Sean Roosen</strong> — Chairman and CEO</li>
      <li><strong>Philip Rabenok</strong> — Vice President, Investor Relations</li>
      <li>Email: <a href="mailto:sroosen@osiskogold.ca" rel="nofollow" target="_blank">sroosen@osiskogold.ca</a>, Email: <a href="mailto:prabenok@osiskogold.ca" rel="nofollow" target="_blank">prabenok@osiskogold.ca</a></li>
      <li>Tel: +1 (514) 940-0685; Tel: +1 (437) 423-3644</li>
    </ul>
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  <section>
    <h2>Forward-looking statements</h2>
    <p><strong>CAUTION REGARDING FORWARD-LOOKING STATEMENTS</strong></p>
    <p><em>This news release contains &#34;forward-looking information&#34; (within the meaning of applicable Canadian securities laws) and &#34;forward-looking statements&#34; (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended) (collectively, &#34;forward-looking statements&#34;). Such forward-looking statements relate to, among other things: the anticipated retirement of Mr. Dann and his continued service during the transition period; the timing and completion of the planned leadership transition; the appointment of Mr. Tyshynski as CFO and his joining the Company’s senior leadership team; the anticipated benefits of the leadership transition and Mr. Tyshynski’s experience and capabilities; and the Company’s ability to maintain financial discipline, execute its growth strategy and deliver long-term value for shareholders; the Company’s objective of becoming an intermediate gold producer; and the exploration potential and prospe...</em></p>
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Osisko Gold Group disclosed CFO Alexander Dann will retire after 35 years, with Elijah Tyshynski stepping in during a transition. The change supports the company’s growth plan and ongoing financial discipline as it advances Cariboo and related assets. The move could indirectly affect Osisko Development (ODV) through strengthened corporate governance and capital-allocation practices across the Osisko group.

News insight

Osisko Gold Announces CFO Transition to Support Its Next Stage of Growth

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Key facts

Corporate Developments