Falco Resources is pleased to provide an update on the development of its Horne 5 project . During the past months, the Company has been working diligently at advancing the Project, focusing mainly on securing the necessary authorizations to proceed, optimizing its construction and operational approach, and reviewing the financial structure to fund [...]
Falco Resources Ltd. announces that the Board of Directors approved the grant of incentive stock options to directors, officers and key employees to purchase up to an aggregate of 7,369,000 common shares in the capital stock of the Company. Grants are subject to a three-year vesting period and a five-year term at an exercise price of $0.30 per [...]
Falco Resources Ltd. announces the resignation of Mr. Sean Roosen as a Director and as Chair of the Board of Directors. Sean Roosen noted: “I am proud of the progress that we have achieved at the Horne 5 Project under my stewardship and I look forward to continuing to work with the Falco team and its stakeholders in moving the project to [...]
All dollar amounts are in Canadian dollars unless otherwise specified. Falco Resources Ltd. is pleased to announce closing of a previously announced silver stream transaction with Osisko Gold Royalties Ltd. pursuant to which Osisko has agreed to commit up to $180 million through a silver stream toward the funding of the development of 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 an additional $10 million to Falco. $10 MILLION SECURED LOAN Under the terms of a secured senior loan [...]
Falco Resources Ltd. is pleased to announce that the first meeting of the Community Consultation Committee was held on February 5. As part of the environmental assessment process for the Horne 5 Project and in keeping with the Corporation’s commitment to integrate the project into the community and to promote continuous improvement, Falco has [...]
Falco Resources Ltd. is pleased to provide a corporate update on the Horne 5 project , as well as to announce the appointment of a new member to the Corporation’s Board of Directors. Luc Lessard, President and CEO, comments: “Despite 2018 having been a challenging year for the mining sector, the Corporation continued to advance the [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]