tiprankstipranks

Falco Resources Extends Senior Debt Maturity Dates

Story Highlights

Falco Resources (TSE:FPC) has released an update.

Falco Resources Ltd. has successfully negotiated extensions on its senior debts with Osisko Gold Royalties and Glencore Canada, pushing maturity dates from December 2024 to December 2025. These extensions are aimed at providing the company with more flexibility to advance the Horne 5 Project. The agreement involves amendments to the loan and debenture terms, including interest rate adjustments and the issuance of new warrants.

For further insights into TSE:FPC stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App