Falco Announces Bought Deal Private Placement FOR Gross Proceeds of $10 Million
For Immediate Release TSX.V - FPC
FALCO ANNOUNCES BOUGHT DEAL PRIVATE PLACEMENT FOR GROSS PROCEEDS OF
$10 MILLION
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
Montréal, September 29, 2025 – Falco Resources Ltd. (TSX-V: FPC) ("Falco" or the
"Corporation") is pleased to announce that it has entered into an agreement with Cantor Fitzgerald
Canada Corporation to act as lead underwriter and sole bookrunner on behalf of a syndicate of
underwriters (collectively, the "Underwriters"), in connection with a bought deal private placement
of 31,250,000 units (the "Units") at a price of $0.32 per Unit for aggregate gross proceeds of
$10,000,000 (the "Offering").
Each Unit will consist of one common share of the Corporation (each, a "Common Share") and
one half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each whole
Warrant shall entitle the holder to purchase one Common Share at a price of $0.46 at any time on
or before that date which is 18 months after the Closing Date (as defined below).
In addition, the Corporation will grant the Underwriters an option (the "Option") to increase the size
of the Offering by up to an additional 4,687,500 Units on the same terms and conditions as the
Offering for additional gross proceeds of $1,500,000, by giving written notice of the exercise of the
Option, or a part thereof, to the Corporation at any time up to 48 hours prior to Closing Date.
The Corporation intends to use the net proceeds from the sale of Units for the advancement of the
Horne 5 Project in Québec as well as for working capital and general corporate purposes.
The Offering is anticipated to close on or about October 17, 2025 (the "Closing Date"), or such other
date as the Corporation and the Underwriters may agree, and is subject to certain conditions
including, but not limited to, the receipt of all necessary approvals including the approval of the TSX
Venture Exchange.
The Units are being offered by way of private placement in all of the provinces of Canada to investors
who qualify as "accredited investors" under Canadian securities legislation or who are otherwise
exempt from prospectus delivery requirements . The Offering may also be offered in the United
States to "accredited investors " (as defined in Rule 501(a) of Regulation D) pursuant to an
exemption from registration under the United States Securities Act of 1933, as amended, and in
such other jurisdictions outside of Canada in accordance with applicable law.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in the United States or in any other jurisdiction in which such
offer, solicitation or sale would be unlawful. The securities have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements thereunder.
The Common Shares issuable from the sale of the Units to "accredited investors" in Canada or
otherwise on a prospectus exempt basis will be subject to a hold period of four months plus one
day from the date of issuance of the Units.
About Falco Resources
Falco is one of the largest mineral claim holders in the province of Quebec, with an extensive
portfolio of properties in the Abitibi -Témiscamingue greenstone belt. Falco holds rights to
approximately 67,000 hectares of land in the Noranda Mining Camp, whi ch represents 67% of the
camp as a whole and includes 13 former gold and base metal mining sites. Falco’s main asset is
the Horne 5 project located beneath the former Horne mine, which was operated by Noranda from
1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. O sisko
Development Corp. is Falco’s largest shareholder, with a 16% interest in the Corporation.
For more information, please contact:
Luc Lessard
President and Chief Executive Officer, Falco Resources Ltd.
514-261-3336
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Statement on Forward-Looking Information
This news release contains forward-looking statements and forward-looking information (together,
“forward looking statements”) within the meaning of applicable securities laws. Often, but not
always, forward-looking statements can be identified by words such as “plans”, “expects”, “seeks”,
“may”, “should”, “could”, “will”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, “believes”, or variations including negative variations thereof of such words and
phrases that refer to certain actions, events or results that may, could, would, might or will occur or
be taken or achieved. These statements are made as of the date of this news release. Forward-
looking statements in this press release include, without limitation, the terms and conditions of the
Offering, the use of proceeds of the Offering and the date of closing of the Offering. Forward-looking
statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance, prospects and opportunities to differ materially from those expressed
or implied by such forward- looking statements. These risks and uncertainties include, but are not
limited to, the risk factors set out in Falco’s annual and/or quarterly management discussion and
analysis and in other of its public disclosure documents filed on SEDAR+ at www.sedarplus.ca, as
well as all assumptions regarding the foregoing. Although the Corporation believes the forward-
looking statements in this news release are reasonable, it can give n o assurance that the
expectations and assumptions in such statements will prove to be correct. Consequently, the
Corporation cautions investors that any forward- looking statements by the Corporation are not
guarantees of future results or performance and that actual results may differ materially from those
in forward-looking statements.