Falco Resources Announces Granting of Stock Options

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MONTREAL, April 03, 2024 (GLOBE NEWSWIRE) — 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 the entire camp and includes 13 former gold and base metal mine sites. Falco’s principal…

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