Date closed: 12/21/2017

Value: C$8.5 million

On December 21, 2017, Falco Resources Ltd. (Falco) (TSX VENTURE: FPC) closed the private placement financing of flow-through shares (Flow-Through Shares) at an issue price of C$1.18 per Flow-Through Share to raise aggregate proceeds of approximately C$8.5 million, which includes the exercise in full of the agents' option. The offering was conducted by a syndicate of agents led by Canaccord Genuity Corp. and including Desjardins Securities Inc. and Raymond James Ltd.

Falco, headquartered in Montreal, Quebec, is one of the largest mineral claim holders in the Province of Québec, with extensive land holdings in the Abitibi Greenstone Belt.

BLG represented the agents with a team led by Andrew Powers that included Joseph DiPonio.