Osisko Development Appoints Stephen Quin as Director
Portfolio - People | Dec 05, 2024 | EIN
Osisko Development Corp. has announced the appointment of Stephen Quin as an independent director to its board, effective immediately. Quin, a seasoned executive with over 40 years in the mining industry, is expected to add significant value to the board with his extensive technical, leadership, and strategic expertise. He has held previous roles at major mining firms, including Capstone Mining and Sherwood Copper, contributing to successful mining projects such as the Minto copper-gold mine in Canada. He has also been pivotal in securing more than C$1 billion in financing and engaging in over C$750 million in M&A transactions. Along with his governance roles and commitment to ESG practices, Quin's experience will support Osisko's strategy to advance projects like the Cariboo Gold Project towards construction, aiming to become a major gold producer.
Sectors
- Mining
- Corporate Governance
Geography
- Canada – Osisko Development Corp., the company involved, operates the Cariboo Gold Project in British Columbia, a key focus of its strategy.
- United States – The company's strategic projects include the Tintic Project in Utah, highlighting its operational presence in the USA.
- Mexico – The San Antonio Gold Project in Sonora is also a part of Osisko Development's project portfolio, reflecting geographical diversity.
Industry
- Mining – The article discusses the appointment of a seasoned mining executive to the board of a mining development company, highlighting the importance of this industry's expertise.
- Corporate Governance – The appointment of Stephen Quin emphasizes the company's strategic efforts to strengthen governance and leadership within its board.
Financials
- C$1 billion – Stephen Quin's role in raising this amount in financing for projects he was involved with.
- C$750 million – The value of M&A transactions facilitated by Stephen Quin in companies where he served as CEO or senior executive.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Osisko Development Corp. | Company | Target | A North American gold development company focused on advancing mining projects in friendly jurisdictions. |
| Stephen Quin | Independent Director | People | A seasoned executive in the mining industry with a track record in project development and leadership. |
| Sean Roosen | Founder, Chairman, and CEO | People | Chairman and CEO of Osisko Development Corp., involved in the strategic appointment of directors. |
| Capstone Mining Corp. | Former Company | Other | Stephen Quin served as President & COO, contributing to successful project development. |
| Sherwood Copper Corp. | Former Company | Other | Stephen Quin served as President & CEO prior to its merger. |
| Midas Gold Corp. | Former Company | Other | Stephen Quin was President & CEO, advancing a significant gold-antimony project. |
| Hot Chili Limited | Non-Executive Director | Other | Stephen Quin currently serves on the board. |
| Bravo Mining Corp. | Non-Executive Director | Other | Stephen Quin currently serves on the board. |
| TDG Gold Corp. | Non-Executive Chair | Other | Stephen Quin serves as the non-executive chair. |