Falco Resources Ltd.

Falco Resources Ltd. reports that it has been granted an extension by the TSX Venture Exchange of the outside date by which it must complete its previously announced proposed $5 million non-brokered private placement with one of its shareholders upon the terms previously announced. Such extension provides that the Private Placement must close by no later than November 28, 2021. The Company expects that its shareholder [...]

Falco Resources Ltd. announced today that the Corporation has agreed with Glencore Canada Corporation to extend the maturity date of the $10 million senior secured convertible debenture dated October 27, 2020 issued by the Corporation to Glencore, from October 27, 2021 to April 27, 2022, the whole in accordance with the terms of the Convertible Debenture. Concurrently with the issuance of the Convertible Debenture on [...]

Falco Resources Ltd. reports that it continues to be in discussions with one of its shareholders in connection with its previously announced proposed non-brokered private placement of up to 12,500,000 units at a price of C$0.40 per Unit, for gross proceeds of up to C$5 million. The Company expects to be able to complete the Private Placement on or before October 28, 2021, subject to the receipt of all necessary approvals [...]

Falco Resources Ltd. is pleased to announce that it has received payment from Osisko Gold Royalties Ltd. of the stream payment advance of C$10 Million, which as previously announced corresponds to an advance of half of the C$20 Million second instalment payable by Osisko under its silver stream agreement with the Company. The Stream Advance Payment will be used for the development of the Horne 5 Project and for general [...]

Falco Resources Ltd. is pleased to announce that it has completed its previously announced private placement of units with a syndicate of underwriters led by CIBC Capital Markets. Pursuant to the Offering, Falco has issued an aggregate of 30,700,000 Units at a price of C$0.40 per Unit for gross proceeds of C$12,280,000. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant [...]

Falco Resources is pleased to announce that further to its press release on July 28, 2021, the Company has agreed with its syndicate of underwriters led by CIBC Capital Markets to increase the size of its previously announced C$10 million "bought deal" offering of units on a private placement basis. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase, on a "bought deal" private placement basis, an [...]

Falco Resources Ltd. is pleased to announce that it has entered into an agreement with CIBC Capital Markets as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to buy on a bought deal private placement basis, 25,000,000 Units at a price of C$0.40 per Unit, representing aggregate gross proceeds to Falco of C$10 million. Each Unit will consist of [...]

Falco Resources Ltd. is pleased to announce that it has entered into an option agreement with First Quantum Minerals Ltd. pursuant to which First Quantum grants the Corporation the sole and exclusive right to acquire an undivided one hundred percent ownership interest in the Norbec and Millenbach sites located in the vicinity of the City of Rouyn-Noranda . The Properties will serve as the Corporation's tailings management [...]

Falco Resources Ltd. is pleased to announce that it has entered into an agreement in principle with Glencore Canada Corporation establishing the framework of the terms and conditions pursuant to which the parties will enter into the Principal Operating License and Indemnity Agreement in order to enable Falco to develop and operate its flagship Horne 5 Project, as further described in the updated feasibility study filed on [...]

Falco Resources Ltd. is pleased to announce the release of its sustainability report, providing an overview of the Corporation's environmental, social and governance strategies, policies, and commitments, and highlighting the progress made in relation to its activities in Qu?bec, including its flagship Horne 5 Project, located in Rouyn-Noranda, Canada. Luc Lessard, President and Chief Executive Officer of the Corporation [...]