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 [...]
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 [...]
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