Falco Resources (TSE:FPC) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Falco Resources Ltd. has announced a partnership with Red Cloud Securities Inc. for a private placement aiming to raise up to C$5 million. This financing effort will include selling units and flow-through shares, with potential additional proceeds if an Agents’ Option is fully exercised, bringing the total to C$6 million. The funds will primarily support the advancement of Falco’s Horne 5 Project and other exploration activities on the company’s properties in Québec.
For further insights into TSE:FPC stock, check out TipRanks’ Stock Analysis page.