Tuesday, December 27, 2016

Falco Resources - FPC.v

Falco Resources - FPC.v is advancing core properties in the Rouyn Noranda Mining Camp, including the Horne Mine Complex area.

Falco Resources has 100% ownership of 74,000 hectares of property, which represents 70% of the entire camp.

On November 22, 2016 the company released News

"Falco Resources Ltd. ("Falco" or the "Company") (TSX VENTURE: FPC) is pleased to announce it has closed its previously announced bought deal prospectus offering (the "Offering") of 24,183,350 units (the "Units") at a price of $1.07 per Unit, and 8,260,475 flow-through common shares (the "Flow-Through Shares") at a price of $1.28 per Flow-Through Share for aggregate gross proceeds of approximately $36.5 million including 3,154,350 Units and 447,975 Flow-Through Shares issued pursuant to the partial exercise by the underwriters of the over-allotment option.