Falco Resources Ltd. wishes to confirm, at the request of the Investment Industry Regulatory Organization of Canada , that the Corporation’s management is unaware of any material change in its operations that would account for the recent increase in market activity. About Falco Falco Resources Ltd. is one of the largest mineral claim holders in the Province of Québec, with extensive land holdings in the [...]
Falco Resources Ltd. is pleased to announce that, the Corporation and Osisko Gold Royalties Ltd. agreed to amend the $10 million senior note entered into by the Corporation on May 30, 2016, as amended on November 29, 2017, February 14, 2018 and May 31, 2018, and the $10 million secured senior loan entered into by the Corporation on September 10, 2018 , by extending the maturity of the both Loans to February 28, 2019. The [...]
Falco Resources Ltd. announces that the six nominees listed in the management information circular dated October 26, 2018, were elected as directors of Falco. Detailed results of the vote for the election of directors held at the annual and special meeting of shareholders on November 29, 2018 are set out below: ITEM No1 Nominee Votes Cast FOR Percentage of Votes Cast FOR Votes WITHHELD Percentage of Votes WITHHELD Mario [...]
Falco Resources Ltd. announces the resignation of Vincent Metcalfe from his position of Chief Financial Officer effective immediately. Luc Lessard, President and Chief Executive Officer, said: “Vincent has played a key role in our Company since his appointment in April 2015, and we would like to express our appreciation for his contribution towards the advancement and development of our Company and the Horne 5 [...]
All dollar amounts are in Canadian dollars unless otherwise specified. Falco Resources Ltd. is pleased to announce the execution of a secured senior loan agreement with Osisko Gold Royalties Ltd. pursuant to which Osisko has agreed to loan $10 million to Falco and is also pleased to provide a corporate update. $10 MILLION SECURED LOAN Under the terms of a secured senior loan agreement , Osisko has provided Falco with a [...]
Falco Resources Ltd. is pleased to announce results from the recent prospecting work conducted by the Company. Recent field work resulted in the discovery of new gold showings at Four Corners, located 20 kilometers from the Horne 5 Project in Rouyn-Noranda, Quebec. Based on the use of Artificial Intelligence technology, a compilation was done exposing numerous anomalies. A field program, still in progress, was undertaken [...]
MONTRÉAL, Sept. 04, 2018 -- Falco Resources Ltd. is pleased to announce an update on the drilling program initiated in February 2018. The program consists in 25,000 metres of core drilling conducted mostly on three main properties. Quemont, Donalda - Inclined Longitudinal Section Horne West, Quemont, Donalda - Properties Horne West, Quemont - Longitudinal Section The principal objectives of the program was to test [...]
Not for Dissemination in the United States or through US Newswire Services MONTREAL, July 03, 2018 -- Falco Resources Ltd. is pleased to announce that it has closed its previously announced $7 million financing transaction with Osisko Gold Royalties Ltd. . Under the terms of the Debenture Financing, Osisko purchased a secured debenture having a principal amount of $7,000,000 . The Company shall use the net proceeds [...]
Not for Dissemination in the United States or through US Newswire Services Horne West and Donalda Property Longitudinal Looking North-West Donalda Property Inclined Longitudinal All dollar amounts are in Canadian dollars unless otherwise specified. MONTREAL, June 18, 2018 -- Falco Resources Ltd. is pleased to announce a financing transaction with Osisko Gold Royalties Ltd. , pursuant to which Osisko has agreed to commit [...]
MONTREAL, June 01, 2018 -- Falco Resources Ltd. is pleased to announce that in connection with the C$10 million loan provided by Osisko Gold Royalties Ltd. on May 30, 2016, as amended, that both Falco and Osisko have agreed to extend the maturity to December 31st, 2018. As per the Loan, Falco and Osisko shall negotiate in good faith the terms, conditions and form of a silver and/or gold stream agreement , which shall be [...]
Falco Resources Ltd. is pleased to announce that it has commenced its 2018 exploration program on the Donalda - Quemont East target. An initial program of 20 holes for a total of 20,000 metres is planned to be completed. In 2017, about 4,700 metres were drilled on the Donalda property. The drilling consisted of testing the extensions of the known mineralization and confirming historical results. Given its close proximity [...]
Falco Resources Ltd. is pleased to provide the following update on its development of the Horne 5 Project , exploration and corporate activities. HORNE 5 PROJECT DEVELOPMENT: Community Relations and Permitting The Company has continued its community outreach program and held on November 16, 2017 its initial project presentation and session in Rouyn-Noranda. Approximately 140 individuals attended the meeting and heard [...]