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Multiple insider buying at Falco Resources (V:FPC)

Updated Monday Aug 23, 2021 02:51 AM EDT

Osisko Gold Royalties Ltd, a 10% Holder, acquired 5,500,000 Common Shares on an indirect ownership basis for registered holder Osisko Development Corp. at a price of $0.400 through a prospectus or prospectus exempt offering on August 18th, 2021. This represents a $3,712,500 investment into the company's shares and an account share holdings change of greater than 100%.

Bryan A. Coates, a Director, acquired 375,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on August 18th, 2021. This represents a $253,125 investment into the company's shares and an account share holdings change of greater than 100%.

Luc Lessard, CEO and Director, acquired 250,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on August 18th, 2021. This represents a $168,750 investment into the company's shares and an account share holdings change of greater than 100%.

Five other insiders also participated in the financing.

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

Falco Resources Ltd is a Canada-based resource exploration 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 70,000 hectares of land in the Rouyn-Noranda mining camp, which represents the camp and includes 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 other former producers. Its RIMO property covers regional volcanic sequence in the Rouyn-Noranda camp. The Horne 5 Project is located in the former producing Horne and Quemont mines.

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

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