<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001431852</cik>
        <entityName>Osisko Development Corp.</entityName>
        <issuerAddress>
            <street1>1100 AVENUE DES CANADIENS-DE-MONTREAL</street1>
            <street2>SUITE 300</street2>
            <city>MONTREAL</city>
            <stateOrCountry>A8</stateOrCountry>
            <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
            <zipCode>H3B 2S2</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>514-940-0685</issuerPhoneNumber>
        <jurisdictionOfInc>CANADA (FEDERAL LEVEL)</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>Barolo Ventures Corp.</previousName>
            <previousName>North American Potash Developments Inc.</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <previousName>Ringbolt Ventures Ltd.</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sean</firstName>
                <lastName>Roosen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Benoit</firstName>
                <lastName>Brunet</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Luc</firstName>
                <lastName>Lessard</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Chris</firstName>
                <lastName>Lodder</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Francois</firstName>
                <lastName>Vezina</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Chris</firstName>
                <lastName>Pharness</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Maggie</firstName>
                <lastName>Layman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jean-Francois</firstName>
                <lastName>Lemonde</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Charles</firstName>
                <lastName>Page</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <lastName>Burzynski</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Joanne</firstName>
                <lastName>Ferstman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michele</firstName>
                <lastName>McCarthy</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Duncan</firstName>
                <lastName>Middlemiss</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Eric</firstName>
                <lastName>Tremblay</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1100 Avenue des Canadiens-de-Montreal</street1>
                <street2>Suite 300</street2>
                <city>Montreal</city>
                <stateOrCountry>A8</stateOrCountry>
                <stateOrCountryDescription>QUEBEC, CANADA</stateOrCountryDescription>
                <zipCode>H3B 2S2</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06c</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2021-01-08</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Units, each Unit consisting of one common share and one-half of a warrant. Each whole warrant is exercisable to purchase one common share on or prior to 2023-12-01 at CAD$10.00.</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>20368453</totalOfferingAmount>
            <totalAmountSold>20368453</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>USD amount shown is based on the Bank of Canada rate reported on 2021-01-08 (US$1.00=CAD$1.2705).</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>424</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Osisko Development Corp.</issuerName>
                <signatureName>/s/ Benoit Brunet</signatureName>
                <nameOfSigner>Benoit Brunet</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2021-01-14</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
