Falco Resources Secures C$2.18M in Placement

Falco Resources (TSE:FPC) has released an update.

Falco Resources Ltd. has successfully completed the first segment of its brokered private placement, raising C$2.18 million through the issuance of over 4 million units and flow-through shares. The funds are earmarked for advancing its Horne 5 Project and for general corporate purposes, with specific tax benefits for eligible Quebec resident subscribers. The agents involved received a cash commission and compensation warrants as part of the transaction.

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