Brief: Falco upsizes previously announced bought deal financing to $32.5 million

Falco Resources

02/11/2016 15:08

Nov 2 (Reuters) - Falco Resources Ltd  FPC.V : 
    * Has amended terms of previously announced bought deal 
public offering to increase size of offering to $32.5 million 
    * Net proceeds of Upsized Offering will be used by company 
to advance dewatering program related to development of Horne 5 
Deposit 
    * Is arranging concurrent private placement of units with 
"strategic investors" for additional gross proceeds up to $25 
million 
    * Falco announces upsize to previously announced bought deal 
financing to $32.5 million and concurrent $25 million private 
placement 
 
Source text for Eikon:  ID:nCCN20dGC  
Further company coverage:  FPC.V  
 
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