Falco Announces C$25 Million Bought Deal Financing

falco, gold, v.fpc

Falco Resources (V.FPC)) is pleased to announce that it has entered into an agreement with a syndicate of underwriters, co-led by BMO Capital Markets and Macquarie Capital Markets Canada Ltd., pursuant to which the underwriters have agreed to buy on a bought deal basis, 19,380,000 units of the Company at a price of C$1.29 per Unit, representing aggregate gross proceeds to Falco of C$25,000,200. The Company has granted the underwriters an option, on the same terms and conditions as the Offering, for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. BMO Capital Markets is the sole bookrunner on the Offering.read more

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