Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: FALCON OIL & GAS LTD. ANNOUNCES A PRIVATE PLACEMENT...
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I would have to say it is very good news for Falcon and its existing shareholders. Yes more dillution, now with well over 1 billion shares expected. The other alternative was a RIP tombstone.

I think Soly needs to redraw his pie chart showing the new share allocations.

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