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Falco Resources Ltd.

09:47 AM EST - Falco Resources Ltd. : Has closed its previously announced $7-million financing transaction with Osisko Gold Royalties Ltd. Under the terms of the Debenture Financing, Osisko purchased a secured debenture having a principal amount of $7,000,000. The Company shall use the net proceeds received under the Debenture for the development, construction and working capital requirements of the Horne 5 Property. Falco Resources Ltd.
shares V.FPC are trading unchanged at $0.54.