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Osisko Gold Royalities buying at Falco Resources (V:FPC)

Updated Monday Dec 03, 2018 03:09 AM EDT

Osisko Gold Royalties Ltd (OR), a 10% Holder, acquired 12,104,444 Common Shares on a direct ownership basis at a price of $0.578 through a prospectus or prospectus exempt offering on November 29th, 2018. The insider also acquired 6,052,222 Warrants with an exercise price of $0.750 until Nov. 29/21. This represents a $7,000,000 investment into the company's shares and an account share holdings change of 50.9%.

Falco Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Falco Resources Ltd, formerly Falco Pacific Resource Group Inc, is a Canada-based exploration-stage company. The Company is engaged in the business of acquiring and exploring mineral properties in Canada. The Company focuses on the exploration and evaluation of its mineral properties in the Rouyn-Noranda district in the Province of Quebec. The Company holds approximately 72,800 hectares of land in the Rouyn-Noranda mining camp, including approximately 10 former gold and base metal mine sites. The Company is the claim holders in the Province of Quebec, with land holdings in the Abitibi Greenstone Belt. Its Rouyn Noranda Mining Camp includes the Horne Mine Complex area and approximately 10 other former producers. Its RIMO property (a copper-zinc-gold target) is composed of a regionally felsic volcanic succession in the northwestern exposure of the Blake River Group. Its Horne 5 hosts an indicated resource of approximately 5,361,000 gold equivalent ounces.

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Go to Falco Resources Ltd. (FPC)'s company page

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