Falco Announces Granting of Stock Options
For Immediate Release TSX.V - FPC
FALCO ANNOUNCES GRANTING OF STOCK OPTIONS
MONTREAL, April 3, 2024 - Falco Resources Ltd. (TSX.V: FPC) (“Falco” or the “Corporation”)
announces that the Board of Directors approved the grant of incentive stock options to key
employees, officers and directors to purchase up to an aggregate of 3 ,440,000 common shares
in the capital stock of the Corporation. Grants are subject to a three- year vesting period and a
five-year term. The options were granted at an exercise price of $0.36 per share being the closing
price of the common shares of the Corporation on the TSX Venture Exchange on April 2, 2024.
About Falco
Falco Resources Ltd. is one of the largest mineral claim holders in the Province of Québec, with
extensive land holdings in the Abitibi Greenstone Belt. Falco owns approximately 67,000 hectares
of land in the Noranda Mining Camp, which represents 67% of th e entire camp and includes
13 former gold and base metal mine sites. Falco’s principal asset is the Horne 5 Project located
under the former Horne mine that was operated by Noranda from 1927 to 1976 and produced
11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development Corp. is Falco’s
largest shareholder owning a 17.3% interest in the Corporation.
For further information, please contact:
Luc Lessard
President and Chief Executive Officer
514 261-3336
Neither the 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 press release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information (together, “ forward-looking
statements”) within the meaning of applicable securities laws . These statements are based on information currently
available to the Corporation and the Corporation provides no assurance that actual results will meet management’s
expectations. The occurrence of such events or the realization of such statements is subject to a number of risk factors,
including the risk factors identified in Falco’s Annual Management’s Discussion and Analysis and other continuous
disclosure documents available at www.sedarplus.com. Although Falco believes that the assumptions and factors used
in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements,
which only apply as of the date of this news release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. Except where required by applicable law, Falco disclaims any intention or obligation to
update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.