Falco Resources Ltd. is pleased to announce that Luc Lessard, President and Chief Executive Officer of Falco, will present at the 2020 Precious Metals Summit Europe on Tuesday, November 3rd at 9:15am . Falco will also be available for select one-on-one meetings during the Summit. Meeting requests can be made through the conference website. The Precious Metals Summit Europe is one of the industry’s premier events, bringing [...]
Falco Resources Ltd. is pleased to announce the appointment of Mr. Benoit Brunet to the Corporation’s Board of Directors as a nominee of Osisko Gold Royalties Ltd. . Mr. Benoit Brunet has over 10 years of experience in the finance sector. He has recently been appointed as Vice President, Business Strategy of Osisko. Prior to that, he was with the Qu?bec Private Equity group of the Caisse de d?p?t et placement du Qu?bec [...]
Falco Resources Ltd. is pleased to announce that, effective today, it has retained the services of Hinge Markets Inc. of Toronto, Canada to provide investor relations and capital markets advisory services to the Company. Hinge Markets, led by Mr. Jeffrey White, will initiate and maintain contact with the financial community including shareholders, investors and other stakeholders for the purpose of increasing awareness of [...]
Falco Resources Ltd. and Golden Queen Mining Consolidated Ltd. are pleased to announce the successful completion of their previously announced arrangement, pursuant to which Falco has acquired all of the issued and outstanding common shares of Golden Queen, which was completed by way of a statutory plan of arrangement under the provisions of the Business Corporations Act. Under the terms of the Arrangement, each former [...]
Falco Resources Ltd. and Golden Queen Mining Consolidated Ltd. are pleased to announce that the Supreme Court of British Columbia has granted the final order, thus approving the arrangement between Falco and Golden Queen announced on February 11, 2020 pursuant to which Falco is to acquire all of the issued and outstanding common shares of Golden Queen. Assuming that the remaining closing conditions are satisfied or [...]
Falco Resources Ltd. and Golden Queen Mining Consolidated Ltd. are pleased to announce that Golden Queen shareholders approved the plan of arrangement with Falco whereby Falco is to acquire all of the issued and outstanding shares of Golden Queen at the special meeting of shareholders held earlier today , approving the Transaction announced on February 11, 2020. The Transaction was approved by 99.64% of the votes cast by [...]
Falco Resources Ltd. announces today that, in connection with the proposed plan of arrangement with Golden Queen Mining Consolidated Ltd., announced on February 11, 2020, Falco decided to increase the consideration offered to the shareholders of Golden Queen. Golden Queen’s sole asset is a cash balance estimated at approximately $4.2 million at closing of the transaction. As a consequence of recent extraordinary [...]
Falco Resources Ltd. and Golden Queen Mining Consolidated Ltd. are pleased to announce that they have entered into a definitive arrangement agreement dated February 10, 2020 pursuant to which Falco has agreed to acquire all of the issued and outstanding common shares of Golden Queen. The Acquisition is expected to be completed by way of a statutory plan of arrangement under the Business Corporations Act . Through this [...]
Falco Resources Ltd. is pleased to announce that, the Corporation and Osisko Gold Royalties Ltd. have agreed to amend the silver stream agreement entered into by the Parties on February 27, 2019 , relating to Falco’s Horne 5 project , whereby Osisko agreed to postpone by one year each of the deadlines granted to Falco to achieve milestones set as condition precedent to Osisko funding the stream deposit and certain [...]
Falco Resources Ltd. is pleased to announce that, the Corporation and Osisko Gold Royalties Ltd. agreed to amend the $10 million senior loan entered into by the Corporation on February 22, 2019. The Senior Loan shall be amended by increasing the principal amount by $5.9 million from $10 million to $15.9 million and the maturity date will be extended from December 31, 2019 to December 31, 2020. Osisko shall be entitled to [...]
Falco Resources Ltd. announces that the six nominees listed in the management information circular dated October 10, 2019, were elected as directors of Falco. Detailed results of the vote for the election of directors held at the annual meeting of shareholders on November 13, 2019 are set out below: ITEM No1 Nominee Votes Cast FOR Percentage of Votes Cast FOR Votes WITHHELD Percentage of Votes WITHHELD Mario Caron [...]
Falco Resources Ltd. is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities. “We are pleased to announce that we have selected Renmark to reinforce Falco’s profile in the financial community and enhance the visibility of our company. We chose Renmark because its standards and methodologies fit best with the message we wish [...]