MONTRÉAL, Jan. 15, 2025 -- Falco Resources Ltd. acknowledges the press release issued by the Rouyn-Noranda Chamber of Commerce and Industry entitled "BAPE Report - The Horne 5 Project: A Lever for the Local Economy and a Commitment to the Community" and thanks the CCIRN for its support. After reviewing the BAPE report, the CCIRN indicates that, although challenges have been raised, it sees the Horne 5 Project as an [...]
Falco Resources Ltd. welcomes the report of the Bureau d'audiences publiques sur l'environnement , in which the commission of inquiry brings to the attention of the relevant decision-making bodies various elements that require commitments, actions or modifications, with a view to issuing government authorizations. This commission examined the Falco Horne 5 mining project from a sustainable development perspective, and, at [...]
Falco Resources is pleased to announce the closing of its previously announced "best efforts" brokered private placement with Cantor Fitzgerald Canada Corporation, acting as sole agent and sole bookrunner. Pursuant to the Offering, Falco has issued an aggregate of 24,000,000 units of the Corporation at a price of C$0.25 per Unit, for aggregate gross proceeds of C$6,000,000. Each Unit consists of one common share of the [...]
Falco Resources announces that the five nominees listed in the management information circular dated Nov 4, 2024, 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 December 10, 2024, are set out below: ITEM No1 Nominee Votes Cast FOR Percentage of Votes Cast FOR Votes AGAINST Percentage of Votes AGAINST Mario Caron [...]
Falco Resources is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation to act as sole agent and sole bookrunner , in connection with a "best efforts" private placement for aggregate gross proceeds of up to C$5,000,000 from the sale of units of the Corporation at a price of C$0.25 per Unit . Each Unit will consist of one common share of the Corporation and one common share [...]
Falco Resources is pleased to provide a corporate update on its flagship Horne 5 Project. Following the completion of the public hearing process with the Office of Public Hearings on the Environment, Falco continues to file documentation and provide responses to the BAPE, in view of the completion of its report, which is due for submission to the Minister of the Environment, the Fight Against Climate Change, Wildlife and [...]
Falco Resources is pleased to announce that the Corporation has entered into binding agreements with Osisko Gold Royalties Ltd. in order to extend the maturity date of the Corporation's existing convertible secured senior loan from December 31, 2024 to December 31, 2025; and with Glencore Canada Corporation in order to extend the maturity date of the Corporation's existing senior secured convertible debenture from [...]
Falco Resources would like to thank the public, organizations and businesses that participated in the hearings of the Office of Public Hearings on the Environment that ended on October 3rd in the Anishinabeg community of the Long Point First Nation. During this second part of the public hearings, the many participants expressed their point of view on the Falco Horne 5 Project. More than 90 briefs were filed with the [...]
Falco Resources is pleased to announce the creation and establishment of Technical and Strategic Committees, as contemplated by the terms of the Operating Licence and Indemnity Agreement concluded with Glencore Canada Corporation on Jan 23, 2024. The creation of the Committees confirms the parties' recognition that the successful development, construction, operation and closure of the Falco Horne 5 Project in a manner [...]
Falco Resources is pleased to announce that the Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, Benoit Charette, has given the mandate to the Office of Public Hearings on the Environment to hold an inquiry and a public hearing concerning Falco's Horne 5 project. This mandate will begin on August 26 and will have a maximum duration of four months. Falco is pleased with this decision which [...]
Falco Resources Ltd. is delighted with citizen participation in the immersive public workshop which was held on July 17th at the Rouyn-Noranda Convention Center. The population was invited to experience sound and vibration simulations and meet acoustics experts. In addition to explaining the sound and vibration phenomena that surround us, the evening aimed to collect the concerns, understandings and proposals for [...]
Falco Resources Ltd. invites the citizens of Rouyn-Noranda to an immersive public workshop where they will be able to meet acoustic and vibration experts, experience sound and vibration simulations, share their concerns and participate in the discussion on issues related to the sound and vibratory climate. This workshop will be held on Wednesday, July 17th, from 6 p.m. at the Centre des Congrès de Rouyn-Noranda. In [...]