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Falco Provides Update On Non-Brokered Private Placement

MONTREAL, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX-V: FPC) (“Falco” or the “Company”) reports that it continues to be in discussions with one of its shareholders in connection with its previously announced proposed non-brokered private placement (the “Private Placement”) of up to 12,500,000 units (the “Units”) at a price of C$0.40 per Unit, for gross proceeds of up to C$5 million. The Company expects to be able to complete the Private Placement on or before October 28, 2021, subject to the receipt of all necessary approvals, including the internal approvals required to be obtained by the proposed investor and the approval of the TSX Venture Exchange. Read More

from Financial Post https://ift.tt/3ul4p4f
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