Falco Resources (V.FPC)) pleased to announce the closing of a financing with Osisko Gold Royalties Ltd. (TSX: OR) (“Osisko”) whereby Osisko will provide a C$10 million loan (“Loan”). The Loan will be used for the advancement of the Horne 5 Project and for general corporate purposes.
Luc Lessard, President and Chief Executive Officer of Falco commented: “We are very pleased to benefit from our partnership with Osisko. With this financing now completed, we will work aggressively to advance the development of the Horne 5 Project. This is an important first step in completing the funding necessary to see the Horne 5 Project realized.” read more