Falco Resources is pleased to announce the appointment of Ms. Mireille Tremblay as Vice President, Legal Affairs and Corporate Secretary of the Corporation. Ms. Tremblay has been acting as Director, Legal Affairs and Assistant Corporate Secretary of the Corporation since Jan 2021, and replaces Mr. André Le Bel who stepped down as Vice President [...]
Falco Resources Ltd. announced today that the Corporation and Glencore Canada Corporation have agreed to extend the maturity date of the $10 million senior secured convertible debenture dated October 27, 2020 issued by the Corporation to Glencore, from April 27, 2022 to April 27, 2023 . The accrued interest on the existing Debenture will be [...]
Falco Resources Ltd. announces that the Corporation's Board of Directors approved a grant of incentive stock options to directors, officers and key employees to purchase up to an aggregate of 3,525,000 common shares of the Corporation. In accordance with the Long Term Incentive Plan of the Corporation, all grants are subject to a three-year vesting [...]
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 Feb. 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 [...]
Falco Resources Ltd. announces that five director nominees listed in the management information circular of the Corporation were elected during the annual meeting of shareholders held on December 20, 2021. In addition, Mr. Claude Dufresne, a new proposed nominee by the Corporation, was also elected through the exercise of the discretion deriving [...]
Falco Resources Ltd. announces that Bryan Coates is stepping down as chair and director of the Company with immediate effect, which decision was accepted by the Company. The board of directors of Falco has elected Mr. Mario Caron as Chair with immediate effect. About Falco Resources Ltd. Falco Resources Ltd. is one of the largest mineral claim [...]
Falco Resources Ltd. is pleased to announce that it has closed with Investissement Quebec, acting as agent for the Government of Qu?bec, the final tranche of its private placement of units, for a total financing of $17,280,000. This last tranche of $5,000,000 is being subscribed to on the same terms and conditions as those entered into by the other [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
