Falco Resources (TSE:FPC) has released an update.
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Falco Resources Ltd. has successfully closed a brokered private placement, raising C$6,000,000 through the issuance of 24,000,000 units at C$0.25 each. The funds will support the advancement of the Horne 5 Project and overall corporate purposes. The transaction included a related party, but it complied with the necessary exemptions under Canadian regulations.
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