Falco Resources Ltd. is pleased to announce the appointment of Mr. Ronald Bougie to the position of Vice President Engineering and Construction and Mr. Guy Belleau to Mine General Manager for the Horne 5 Project. Mr. Bougie has over 25 years of construction and project development experience gained throughout the construction of several successful mining and industrial projects. Prior to joining Falco, he served as [...]
Falco Resources Ltd. is pleased to announce it has closed the previously announced private placement financing of flow-through shares at an issue price of C$1.18 per Flow-Through Share to raise aggregate proceeds of approximately C$8.5 million , which includes the exercise in full of the agents' option. The Offering was conducted by a syndicate of agents led by Canaccord Genuity Corp. and including Desjardins Securities [...]
/IN LAWS./ Stock Symbol: FPC: TSXV MONTREAL, Dec. 1, 2017 /CNW/ - Falco Resources Ltd. is pleased to announce that, due to increased demand, it has entered into an amending agreement with a syndicate of agents led by Canaccord Genuity Corp. and including Desjardins Securities Inc. and Raymond James Ltd. to complete a private placement...
/IN LAWS./ Stock Symbol: FPC: TSXV MONTREAL, Dec. 1, 2017 /CNW/ - Falco Resources Ltd. is pleased to announce that it has entered into an agreement with a syndicate of agents led by Canaccord Genuity Corp. and including Desjardins Securities Inc. and Raymond James Ltd. to complete a private placement financing , on a best efforts basis, of up to 3,389,900 flow-through common shares of the Company at an issue price of [...]
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, that both Falco and Osisko have agreed to extend the maturity by an additional 6 months, to May 31st, 2018. As per the loan agreement, 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. announces that the eight nominees listed in the management information circular dated October 10, 2017, 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 10, 2017 are set out below: Nominee Votes For % For Votes Withheld % Withheld Mario Caron 76,103,200 99.99% 7,200 0.01% Bryan A. Coates [...]
Falco Resources is pleased to announce that it has closed a C$5 million revolving credit facility with National Bank of Canada, which will be secured by a hypothec in favour of the Lender over a collateral account maintained by the Company. The Credit Facility will be used to secure Falco's obligations in favour of Hydro-Québec in connection with certain electrical and engineering work to be performed with respect to the [...]