Falco Resources Extends Senior Debt Maturity Dates

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.

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