Falco Resources Ltd. has announced a bought deal private placement of 31,250,000 units at $0.32 per unit, totaling $10,000,000. Each unit includes one common share and one half of a common share purchase warrant. The offering is set to close around October 17, 2025, pending necessary approvals. The net proceeds will be used for the Horne 5 Project in Québec and general corporate purposes. The offering is available to accredited investors in Canada and the United States under certain conditions. Osisko Development Corp. is Falco’s largest shareholder, holding a 16% interest in the Corporation.

Read more at GlobeNewswire: Falco Announces Bought Deal Private Placement for Gross