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a 100% interest in 74,000 hectares of land in the historic Rouyn-Noranda Mining Camp

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Falco Announces Upsize of Offering12:46PM ET on Monday Dec 21, 2015 by Marketwire

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Falco Resources Ltd. ("Falco" or the "Company") (TSX VENTURE: FPC) is pleased to announce that it intends to increase the size of its previously announced non-brokered private placement of flow-through shares ("FT Shares") at an issue price of $0.32 per FT Share, from $2,500,000 to $3,300,000 (the "Offering"). Osisko Gold Royalties Ltd ("Osisko") will also participate in the Offering.

The net proceeds of the Offering will be used by the Company to advance exploration works at the Horne 5 Project.

Closing of the Offering is anticipated to occur on or about December 29th, 2015 and is subject to receipt of applicable regulatory approvals including approval of the TSX Venture Exchange. The FT Shares issued under the Offering will be subject to a four month hold period which will expire four months plus a day from the date of closing.

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