Falco Resources (TSE:FPC) has released an update.
Falco Resources Ltd. has announced the grant of stock options to its key employees, officers, and directors, allowing them to purchase up to 3.44 million common shares at $0.36 each based on the recent closing price on the TSX Venture Exchange. The options are vested over three years and have a five-year term. The company, a significant player in Québec’s Abitibi Greenstone Belt with the Horne 5 Project as its principal asset, is backed by Osisko Development Corp. as its largest shareholder.
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