Osisko Development Corp. — Regulatory Filings 2021

Feb 24, 2021

Note: [01 Mar 2017] – The following is a consolidation of 13-501F1. It incorporates amendments to this document that came into effect on March 1, 2017. This consolidation is provided for your convenience and should not be relied on as authoritative.

FORM 13-501F1 CLASS 1 REPORTING ISSUERS AND CLASS 3B REPORTING ISSUERS – PARTICIPATION FEE

MANAGEMENT CERTIFICATION

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----- Start of picture text ----- I, ____________________ Benoit Brunet , an officer of the reporting issuer noted below have examined thisForm 13-501F1 (the Form ) being submitted hereunder to the Alberta Securities Commission andcertify that to my knowledge, having exercised reasonable diligence, the information provided inthe Form is complete and accurate.(s) Benoit Brunet _________________________________ _________________________________ February 24, 2021Name: Date: Benoit BrunetTitle:CFO, VP, Finance and Corporate SecretaryReporting Issuer Name: Osisko Development Corp.December 31, 2020End date of previous financial year:Type of Reporting Issuer: [ ] Class 1 reporting [ ] Class 3B reportingissuer issuerHighest Trading Marketplace: TSX VentureMarket value of listed or quoted equity securities:Equity Symbol ODV1st Specified Trading Period (dd/mm/yy) _______________ to ______________ n/a n/aClosing price of the security in the class or series on thelast trading day of the specified trading period in whichsuch security was listed or quoted on the highest trading $ ______________________marketplace (i)----- End of picture text -----

Number of securities in the class or series of such
security outstanding at the end of the last trading day of		________________________
the specified trading period		(ii)
	(i) x (ii)	$ ______________________
Market value of class or series		(A)
2nd Specified Trading Period(dd/mm/yy)	_______________ to ______________30/06/202001/06/2020
Closing price of the security in the class or series on the
last trading day of the specified trading period in which
such security was listed or quoted on the highest trading		$ ______________________0.1800
marketplace		(iii)
Number of securities in the class or series of such
security outstanding at the end of the last trading day of		______________________14,004,287
the specified trading period		(iv)
	(iii) x (iv)	$ ______________________2,520,771.6600
Market value of class or series		(B)
3rd Specified Trading Period(dd/mm/yy)	_______________ to ______________30/09/202001/07/2020
Closing price of the security in the class or series on the
last trading day of the specified trading period in which
such security was listed or quoted on the highest trading		$ ______________________0.2700
marketplace		(v)
Number of securities in the class or series of such
security outstanding at the end of the last trading day of		______________________14,004,287
the specified trading period		(vi)
	(v) x (vi)	$ ______________________3,781,157.4900
Market value of class or series		(C)

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----- Start of picture text ----- 4th Specified Trading Period (dd/mm/yy) _______________ to ______________ 01/10/2020 31/12/2020Closing price of the security in the class or series on thelast trading day of the specified trading period in whichsuch security was listed or quoted on the highest trading $ ______________________ 7.5900marketplace (vii)Number of securities in the class or series of suchsecurity outstanding at the end of the last trading day of ______________________ 118,950,545the specified trading period (viii)(vii) x (viii) $ ______________________ 902,834,636.55Market value of class or series (D)5th Specified Trading Period (dd/mm/yy) _______________ to ______________ n/a n/aClosing price of the security in the class or series on thelast trading day of the specified trading period in whichsuch security was listed or quoted on the highest trading $ ______________________marketplace (ix)Number of securities in the class or series of suchsecurity outstanding at the end of the last trading day of ______________________the specified trading period (x)(ix) x (x) $ ______________________Market value of class or series (E)Average Market Value of Class or Series (Calculatethe simple average of the market value of the class orseries of security for each applicable specified trading $ ______________________ 227,284,141.43period (i.e. A through E above)) ( 1 )----- End of picture text -----

(Repeat the above calculation for each other class or series of equity securities of the reporting issuer (and a subsidiary, if applicable) that was listed or quoted on a marketplace at the end of the previous financial year)

Fair value of outstanding debt securities:

(Provide details of how value was determined)		$ ______________________0.0000
		(2)
Capitalization for the previous financial year	(1) + (2)	$ ______________________227,284,141.43
Participation Fee		$ ______________________6,500.0000
Late Fee, if applicable		$ ______________________0.0000
Total Fee Payable		$ ______________________6,500.0000
(Participation Fee plus Late Fee)