Investissement Qu?bec, a 10% Holder, acquired 12,500,000 Common Shares on a direct ownership basis at a price of $0.400 through a private transaction on December 15th, 2021. The insider also acquired 6,250,000 Warrants with an exercise price of $0.550 until July 31, 2025. This represents a $5,000,000 net investment into the company's shares and an account share holdings change of greater than 100%.
Falco Resources is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Falco Resources Ltd. is a Canada-based is a junior resource exploration company. The Company is primarily engaged in the business of exploring, evaluating and developing its mineral properties in the Rouyn-Noranda district of the Province of Quebec (Canada) for base and precious metals. The Company's principal asset is the Horne 5 Project, which is located adjacent to Glencore Canada's operations and is in the development stage. The Company owns approximately 70,000 hectares of land in the Rouyn-Noranda mining camp, which represents the camp and includes approximately 13 former gold and base metal mine sites.
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