Price Target Changed • Jun 18
Price target increased by 28% to CA$1.03 Up from CA$0.80, the current price target is an average from 2 analysts. New target price is 71% above last closing price of CA$0.60. Stock is up 140% over the past year. The company posted a net loss per share of CA$0.0082 last year. New Risk • May 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.9m free cash flow). Revenue is less than US$1m. Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). Tillkännagivande • Apr 22
Falco Resources Ltd Launches High-Resolution Heliborne Magnetic Survey in Western Noranda Camp Falco Resources Ltd. announced the expansion of its exploration initiatives through the launch of a high-resolution heliborne magnetic survey over the western portion of its substantial landholdings within the Noranda Mining Camp, located in the region of Abitibi, Québec. The initial survey, completed late last year, identified several underexplored areas with strong VMS potential. These targets have now been prioritized for further work. The Helimag Program is in progress and is carried out by Geo Data Solutions GDS Inc. of Laval, Québec. This program covers approximately 180 km². The parameters of this program include flight lines spaced 50 meters apart. Upon completion of the Helimag Program, the Corporation will undertake an integrated analysis incorporating geological, geochemical, and additional ground-based geophysical data. This work is expected to support the design of a potential drill program, which could be initiated in the second half of 2026. The Corporation launched an Airborne Gravity Gradiometry survey, a first for the region. The Airborne Gravity Gradiometry survey identified several felsic domes in the Western Camp, consistent with the geophysical signatures observed in the Central Camp, known for high-grade VMS deposits. The Helimag Program has been recommended as the next phase of exploration in the Western Camp. New Risk • Mar 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$131.1m (US$95.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.6m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$131.1m market cap, or US$95.5m). New Risk • Feb 19
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$6.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$6.6m free cash flow). Revenue is less than US$1m. Tillkännagivande • Dec 17
Falco Resources Ltd. Announces Board Changes, Effective December 16, 2025 Falco Resources Ltd. also announced that Mr. Alexander Dann has been appointed as Chair of the Board, effective immediately, succeeding Mr. Mario Caron, who will continue to serve as lead director. Mr. Dann has served on the Board since 2021 and is a member of the Corporation’s audit committee. Tillkännagivande • Oct 28
Falco Resources Ltd. announced that it expects to receive CAD 2 million in funding Falco Resources Ltd.. announced a private placement on bought deal basis of 6,250,000 units at a price of CAD 0.32 per Unit for an aggregate purchase price of CAD 2,000,000, in connection with a "bought deal" private placement of 41,005,000 Units completed by Falco. Each Unit consisted of one common share of Falco and one-half of one Common Share purchase warrant of Falco. New Risk • Oct 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$110.4m market cap, or US$78.9m). Price Target Changed • Oct 21
Price target increased by 16% to CA$0.90 Up from CA$0.78, the current price target is an average from 2 analysts. New target price is 195% above last closing price of CA$0.30. Stock is down 18% over the past year. The company posted a net loss per share of CA$0.0082 last year. Tillkännagivande • Oct 18
Falco Resources Ltd. announced that it has received CAD 12 million in funding from Osisko Development Corp. and other investors On October 17, 2025, Falco Resources Ltd. closed the transaction. The company issued 41,005,000 units at an issue price of CAD 0.32 for gross proceeds of CAD 13,121,600. Related parties of the corporation, including Osisko Development Corp. and certain directors and officers of the corporation, subscribed for an aggregate of 7,455,000 units. Each warrant is exercisable to acquire one common share at a price of CAD 0.46 at any time on or before April 17, 2027. All common shares and warrants issued pursuant to the offering are subject to a hold period of four months plus one day from the date of issuance of such securities under applicable securities laws in Canada. Tillkännagivande • Oct 06
Falco Resources Ltd., Annual General Meeting, Dec 15, 2025 Falco Resources Ltd., Annual General Meeting, Dec 15, 2025. Tillkännagivande • Sep 30
Falco Resources Ltd. announced that it expects to receive CAD 10 million in funding Falco Resources Ltd. announced an agreement with Cantor Fitzgerald as lead underwriter and sole bookrunner on behalf of a syndicate of
underwriters on September 29, 2025, connection with a bought deal private placement of 31,250,000 units at a price of CAD0.32 per Unit for aggregate gross proceeds of CAD 10,000,000. Each Unit will consist of one common share of the Corporation and one half of one Common Share purchase warrant. Each whole Warrant shall entitle the holder to purchase one Common Share at a price of CAD 0.46 at any time on or before that date which is 18 months after the Closing Date. In addition, the Corporation will grant the Underwriters an option to increase the size of the Offering by up to an additional 4,687,500 Units on the same terms and conditions as the Offering for additional gross proceeds of CAD 1,500,000, by giving written notice of the exercise of the Option, or a part thereof, to the Corporation at any time up to 48 hours prior to Closing Date. The Offering is anticipated to close on or about October 17, 2025 or such other date as the Corporation and the Underwriters may agree, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. New Risk • Feb 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.3m free cash flow). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$65.4m market cap, or US$46.1m). Tillkännagivande • Dec 21
Falco Resources Ltd. announced that it has received CAD 6 million in funding On December 20, 2024, Falco Resources Ltd., closed the transaction. The company issued 24,000,000 units at a price of CAD 0.25 per unit for the gross proceeds of CAD 6,000,000 in the transaction. In connection with the closing of the Offering, the Corporation paid the Agent a cash commission totaling CAD 324,000 and has issued the Agent 1,152,000 non-transferrable compensation warrants. Tillkännagivande • Dec 09
Falco Resources Ltd. announced that it expects to receive CAD 5 million in funding Falco Resources Ltd. announced a "best efforts" private placement of 20,000,000 units at a price of CAD 0.25 per unit for the gross proceeds of up to CAD 5,000,000 on December 9, 2024. Each Unit will consist of one common share of the Corporation and one common share purchase warrant. Each Warrant shall entitle the holder to purchase one Common Share at a price of CAD 0.35. The Offering is anticipated to close on or about December 20, 2024 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. The Offering may also be offered in the United States to "accredited investors" (as defined in Rule 501(a) of Regulation D) pursuant to an exemption from registration under the United States Securities Act of 1933, as amended, and in such other jurisdictions outside of Canada in accordance with applicable law. The Corporation has granted the Agent an option, on the same terms and conditions as the Offering, exercisable until the second business day prior to the closing date of the Offering, to sell up to an additional CAD 1,000,000 in Units. If the Agents' Option is exercised in full, the aggregate gross proceeds of the Offering would be CAD 6,000,000 Tillkännagivande • Oct 28
Falco Resources Ltd. Advances Towards Development of the Horne 5 Project Falco Resources Ltd. provided a corporate update on its Horne 5 Project located in Rouyn-Noranda, Quebec (the "Falco Horne 5 Project" or the "Project"). Following the completion of the public hearing process with the Office of Public Hearings on the Environment ("BAPE"), Falco continues to file documentation and provide responses to the BAPE, in view of the completion of its report, which is due for submission to the Minister of the Environment, the Fight Against Climate Change, Wildlife and Parks by December 26, 2024. Also, with the continued strength in gold and copper, Falco will work towards updating the 2021 Feasibility Study, which utilized a gold price of USD 1,600 and a copper price of USD 3.25/lb, with targeted completion for H1-2025. World-Class Deposit: Massive sulphide polymetallic deposit (Au, Ag, Cu, Zn); High-volume underground mining favoring the best modern extraction technologies; Annual production (approximately 220,000 oz Au /330,000 oz AuEq) over a 15-year mine life; 2021 Feasibility Study reflects robust financial parameters based on a gold price of $1,600/oz and is highly sensitive to the gold price: Each increase in the gold price by USD 100/oz provides an approximate increase of USD 100 million in the after-tax net present value ("NPV") of the Project. The 2021 Feasibility Study will be updated in H1-2025 to reflect the full potential of the Project in this dynamic gold environment; Poised to be a low-cost gold producer, with all-in sustaining costs ("AISC") below USD 600/oz (net of by-product credits); Meaningful critical minerals exposure: Falco will be one of the producers of copper (247M lbs) and zinc (1,190M lbs) in Quebec; Significant high potential exploration upside with +67,000 ha owned around the Project. Real Infrastructure Advantage: Significant infrastructure in Rouyn-Noranda., including roads, railways, hydro-electric power distribution system and qualified mining labor expertise & supplier base; Adjacent to the Project is a copper smelting facility owned by Glencore Canada Corporation ("Glencore") Opportunity to leverage existing infrastructure, including the former Quemont shaft Strong Stakeholder Relationships; Strong partners and positive stakeholder relations; A silver stream agreement with Osisko Gold Royalties Ltd. to help fund Project capex (up to CAD 180 million with CAD 35 million drawn); OLIA with Glencore sets out the terms upon which Falco can utilize a portion of Glencore's lands to develop and operate the Project; Life of mine copper and zinc concentrate offtake agreements with Glencore. Tillkännagivande • Sep 30
Falco Resources Ltd., Annual General Meeting, Dec 10, 2024 Falco Resources Ltd., Annual General Meeting, Dec 10, 2024. New Risk • Sep 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.1m free cash flow). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (CA$98.0m market cap, or US$72.3m). Tillkännagivande • Aug 26
Falco Resources Ltd. Announces the Creation and Establishment of Technical and Strategic Committees Falco Resources Ltd. announced the creation and establishment of Technical and Strategic Committees (collectively the Committees), as contemplated by the terms of the Operating Licence and Indemnity Agreement (OLIA) concluded with Glencore Canada Corporation (Glencore) on January 23, 2024. The Technical Committee will focus among others, on determining ongoing operating parameters within which Falco can conduct operations of the Falco Horne 5 Project so as to (i) not interfere with the Horne Smelter, (ii) minimize and control risks to the Horne Smelter, (iii) determine and adopt mitigation measures as required, (iv) determine further monitoring, data collection and/or studies as required and (v) determine any other matters with respect to potential risks to the Horne Smelter from Falco's operations. The Technical Committee will be composed of four members as follows: Mr. Wouter Vanaarde, Engineering Manager - Glencore; Ms. Marie-Élise Viger, Environnemental Manager - Glencore; Mr. Luc Lessard, President and CEO - Falco; Ms. Hélène Cartier, Vice President, Environment, Sustainable Development and Community Relations - Falco. The Strategic Committee will be a forum for discussion and the exchange of information on matters of strategic importance to the interaction of the development, construction, operation and closure of the project with the Horne Smelter operations, the search for synergies, matters relating to community and regulatory agency engagement and stakeholder concerns and the sharing of information on the Falco Horne 5 Project and Horne Smelter. The Strategic Committee will be composed of three members as follows: Mr. Danny Tremblay, Manager for Commercial & Recycling Sites Operations - Glencore; Mr. Luc Lessard, President and CEO - Falco; Ms. Hélène Cartier, Vice President, Environment, Sustainable Development and Community Relations - Falco. New Risk • Jul 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (3.2% increase in shares outstanding). Market cap is less than US$100m (CA$63.0m market cap, or US$46.2m). Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Non-Independent Director Alex Dann was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Tillkännagivande • Jun 28
Falco Resources Ltd. Announces Resignation of Claude Dufresne as Board Member Falco Resources Ltd. announced that Mr. Claude Dufresne has resigned as a member of the Board of Directors so that he may focus his efforts on other professional duties. Tillkännagivande • Jun 08
Falco Resources Ltd. announced that it expects to receive CAD 5 million in funding Falco Resources Ltd. announced a best effort basis private placement of 17,391,304 units at a price of CAD 0.23 per share for the gross proceeds of CAD 4,000,000 and 3,571,429 flow-through shares at a price of CAD 0.27999 per share for the gross proceeds of CAD 1,000,000 for the total gross proceeds of CAD 5,000,000 on June 7, 2024. Each unit will consist of one common share of the Corporation and one half of one common share purchase warrant. Each whole warrant shall entitle the holder to purchase one common share at a price of CAD 0.35 at any time on or before that date which is 24 months after the closing date of the offering. The corporation has granted the Agents an option, on the same terms and conditions as the Offering, exercisable until the second business day prior to the closing date of the Offering, to sell up to an additional CAD 1,000,000 in Offered Securities including up to CAD 250,000 additional FT Shares. If the Agents’ Option is exercised in full, the aggregate gross proceeds of the Offering would be CAD 6.0 million. The transaction is expected to close on or about June 27, 2024. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSXV. New Risk • Jan 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (CA$46.2m market cap, or US$34.1m). Tillkännagivande • Nov 11
Falco Resources Ltd., Annual General Meeting, Jan 24, 2024 Falco Resources Ltd., Annual General Meeting, Jan 24, 2024. Price Target Changed • Nov 16
Price target decreased to CA$0.60 Down from CA$0.70, the current price target is an average from 2 analysts. New target price is 264% above last closing price of CA$0.17. Stock is down 52% over the past year. The company posted a net loss per share of CA$0.012 last year. Price Target Changed • Nov 08
Price target decreased to CA$0.60 Down from CA$0.70, the current price target is an average from 2 analysts. New target price is 264% above last closing price of CA$0.17. Stock is down 47% over the past year. The company posted a net loss per share of CA$0.012 last year. Tillkännagivande • Oct 20
Falco Resources Ltd., Annual General Meeting, Dec 19, 2022 Falco Resources Ltd., Annual General Meeting, Dec 19, 2022. Price Target Changed • Sep 08
Price target increased to CA$0.70 Up from CA$0.60, the current price target is provided by 1 analyst. New target price is 289% above last closing price of CA$0.18. Stock is down 57% over the past year. The company posted a net loss per share of CA$0.017 last year. Tillkännagivande • Jul 06
Falco Resources Ltd. Announces Changes to Its Management Team Falco Resources Ltd. announced the appointment of Ms. Mireille Tremblay as Vice President, Legal Affairs and Corporate Secretary of the Corporation. Ms. Tremblay has been acting as Director, Legal Affairs and Assistant Corporate Secretary of the Corporation since January 2021, and replaces Mr. André Le Bel who stepped down as Vice President, Legal Affairs and Corporate Secretary on June 30, 2022, to fully dedicate himself to his current employer Osisko Gold Royalties Ltd.Ms. Tremblay has more than 25 years of experience in business law and practiced as a securities, merger and acquisitions and corporate finance lawyer with two major Canadian national legal firms as well as external legal consultant to clients working in various industries, including the mining industry. Price Target Changed • May 07
Price target decreased to CA$0.77 Down from CA$0.87, the current price target is provided by 1 analyst. New target price is 156% above last closing price of CA$0.30. Stock is down 31% over the past year. The company posted a net loss per share of CA$0.017 last year. Tillkännagivande • Dec 17
Falco Resources Ltd. announced that it has received CAD 5 million in funding On December 15, 2021, Falco Resources Ltd closed the transaction. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction will include participation from one placees. Tillkännagivande • Aug 19
Falco Resources Ltd. announced that it has received CAD 12.28 million in funding from Osisko Development Corp., Caisse de dépôt et placement du Québec On August 18, 2021, Falco Resources Ltd. closed the transaction. All common shares and warrants issued pursuant to the offering are subject to a four-month hold period under applicable securities laws in Canada. Insiders of the company subscribed for 6,472,500 units under the offering. Price Target Changed • Aug 06
Price target decreased to CA$0.80 Down from CA$0.87, the current price target is provided by 1 analyst. New target price is 90% above last closing price of CA$0.42. Stock is down 19% over the past year. Tillkännagivande • Mar 10
Falco Announces Changes to Its Board of Directors Falco Resources Ltd. announced that both Mr. Benoit Brunet and Ms. Angelina Mehta have resigned as members of the Board of Directors, so that they may focus their efforts on their new professional opportunities. The Corporation also reported that Mr. Alexander Dann has joined the Board of Directors. Mr. Alexander Dann CPA, CA was recently appointed Chief Financial Officer and Vice-President Finance of Osisko Development Corp. Mr. Dann has more than 25 years of experience leading finance operations and strategic planning for companies in the mining and manufacturing sectors. Tillkännagivande • Feb 13
Falco Provides Update on the On-Going Collaborative Work Program with Glencore Falco Resources Ltd. announced that significant progress has been made on the previously announced work plan collaboration with Glencore Canada Corporation. On October 27, 2020, Falco announced that the Work Plan would include additional technical work, modelling and studies towards the further identification, mitigation and allocation of risks at its flagship Horne 5 Project, located in Rouyn-Noranda, Québec. The goal of the Work Plan is to allow the two parties to negotiate towards a Principal Operating License and Indemnity Agreement, which would allow the commencement of dewatering phase. Two key Work Plan milestones have been achieved in relation to the three major components of the established geotechnical work program. For the Quemont North area (in proximity to the future infrastructure of the Horne 5 Project), on December 17th, Falco’s team completed the planned 14 holes and approximately 1,120m of drilling. The investigation work confirmed their initial assumptions and the planned mitigation work is underway to secure the crown pillar and will be completed before the end of the First Quarter. Is New 90 Day High Low • Jan 27
New 90-day low: CA$0.37 The company is down 6.0% from its price of CA$0.40 on 29 October 2020. The Canadian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 1.0% over the same period. Price Target Changed • Jan 22
Price target raised to CA$0.87 Up from CA$0.74, the current price target is provided by 1 analyst. The new target price is 119% above the current share price of CA$0.40. As of last close, the stock is up 20% over the past year. Is New 90 Day High Low • Dec 09
New 90-day high: CA$0.47 The company is up 1.0% from its price of CA$0.46 on 09 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Recent Insider Transactions Derivative • Dec 05
President exercised options to buy CA$164k worth of stock. On the 2nd of December, Luc Lessard exercised options to buy 356.73k shares at a strike price of around CA$0.25, costing a total of CA$89k. This transaction amounted to 25% of their direct individual holding at the time of the trade. Since March 2020, Luc has owned 1.45m shares directly. Company insiders have collectively bought CA$96k more than they sold, via options and on-market transactions, in the last 12 months. Tillkännagivande • Nov 12
Falco Launches Corporate Video Falco Resources Ltd. announced that it launches its video on the Horne 5 Project in Rouyn-Noranda, Québec. The video is now available on the Company’s website at https://www.falcores.com/en/investors/media/and various social media platforms. The video presents the Horne 5 Project, which is located in the heart of Rouyn-Noranda, a vibrant city and the cradle of mining development in northwestern Quebec. Falco’s team, with its innovative approach, attentive listening and desire to minimize environmental and social impacts from a sustainable development perspective, is committed to developing this major project that will be the pride of the citizens of the Abitibi-Témiscamingue region. Is New 90 Day High Low • Nov 11
New 90-day low: CA$0.38 The company is down 18% from its price of CA$0.47 on 13 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share. Price Target Changed • Oct 29
Price target raised to CA$0.74 Up from CA$0.69, the current price target is an average from 3 analysts. The new target price is 80% above the current share price of CA$0.41. As of last close, the stock is up 100% over the past year. Tillkännagivande • Oct 29
Falco Resources Ltd. announced that it has received CAD 10 million in funding from Glencore Canada Corporation Falco Resources Ltd. (TSXV:FPC) announced that it issued a senior secured convertible debenture for gross proceeds of CAD 10,000,000 in a bridge round of funding to new investor Glencore Canada Corporation on October 27, 2020. The convertible debenture has an initial term to maturity of 12 months and will bear interest at a rate of 7% per annum, compounded quarterly. Accrued interest will be capitalized quarterly by adding the interest to the principal of the debenture. The company has the right to extend the maturity date by an additional six months. The debenture is convertible into common shares within 10 days of the maturity date at a conversion price of CAD 0.41 per share. The debenture will be secured by first ranking security on all assets owned by the company. The company has also issued 12,195,122 common share purchase warrants exercisable at CAD 0.51 per share for a period of up to 12 months from the date of issuance. The securities are subject to hold period expiring on February 27, 2021. Tillkännagivande • Sep 27
Falco Resources Ltd. Auditor Raises 'Going Concern' Doubt Falco Resources Ltd. filed its Annual on Sep 24, 2020 for the period ending Jun 30, 2020. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.