Falco Resources (TSE:FPC) has released an update.
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Falco Resources Ltd. has announced the grant of stock options to its key employees, officers, and directors, allowing them to purchase up to 3.44 million common shares at $0.36 each based on the recent closing price on the TSX Venture Exchange. The options are vested over three years and have a five-year term. The company, a significant player in Québec’s Abitibi Greenstone Belt with the Horne 5 Project as its principal asset, is backed by Osisko Development Corp. as its largest shareholder.
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