Falco Engages Hinge Markets to Provide Investor Relations and Capital Markets Advisory Services
June 15 2020 - 7:47AM
Falco Resources Ltd. (“Falco” or the “Company”) (TSX-V: FPC)
is pleased to announce that, effective today, it has retained
the services of Hinge Markets Inc. ("Hinge Markets") of
Toronto, Canada to provide investor relations and capital markets
advisory services to the Company.
Hinge Markets, led by Mr. Jeffrey White, will
initiate and maintain contact with the financial community
including shareholders, investors and other stakeholders for the
purpose of increasing awareness of the Company and its activities.
Mr. White will also coordinate the Company’s investor relations
initiatives, including its participation in investment conferences,
planning and organization of investor events, and assist in the
dissemination of Company news and information to Falco
stakeholders. His role at Falco will also focus on fostering
productive, continuing dialogues with analysts, investment dealers,
financial advisors and other investment professionals.
A lawyer by training, Mr. White is the Founder
and CEO of Hinge Markets and has spent over 20 years in the capital
markets, initially as a corporate finance/M&A professional, and
subsequently in a senior executive and institutional equity sales
capacities.
The agreement has an initial term of 8 months,
for which Hinge Markets will be paid a monthly fee of $7,500 and
will be granted an option to acquire 100,000 common shares of Falco
at a price of $0.30 per share. The options have a five-year term
and will vest over a twelve-month period, in accordance with the
Company’s stock option plan and Policy 3.4 of the TSX-V. This
investor relations agreement as well as the professional engagement
fees and granting of stock options is subject to TSX Venture
Exchange approval.
About Falco Resources Ltd.
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 Rouyn-Noranda mining
camp, which represents 70% of the entire camp and includes 13
former gold and base metal mine sites. Falco’s principal asset is
the Horne 5 Project located in 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 Gold
Royalties Ltd is the largest shareholder of the Corporation and
currently owns 18.3% of the issued and outstanding shares of the
Corporation.
About Hinge Markets Inc.
Founded by Jeffrey White, Hinge Markets is an
advisory and investor relations firm focused on providing capital
markets and strategy consulting services to small and medium sized
businesses. With over 20 years of capital markets experience, Mr.
White’s areas of expertise include capital structure optimization,
evaluation of fundraising alternatives, strategic investor
alignment, business development through a broad network of senior
executives in virtually all Canadian industry sectors, and
effective corporate communication. Mr. White also has extensive
familiarity with the Canadian securities regulatory framework
including listing and disclosure requirements.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture
Exchange) accept responsibility for the adequacy or
accuracy of this release.
For further information, please contact:
Luc Lessard President and Chief Executive Officer 514-261-3336
info@falcores.com
R. Jeffrey White, LL.B, MBAInvestor Relations
Manager416-274-7762 rjwhite@falcores.com
Amélie Laliberté Coordinator, Investor Relations 418-455-4775
info@falcores.com
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 and the United States Private Securities Litigation
Reform Act of 1995. These statements are based on information
currently available to the Company and the Company provides no
assurance that actual results will meet management’s
expectations. Forward-looking statements include estimates
and statements that describe the Company’s future plans, objectives
or goals, including words to the effect that the Company or
management expects a stated condition or result to occur. All
statements, other than statements of historical facts, are
forward-looking statements. Generally, forward-looking statements
can be identified by the use of terminology such as “plans”,
“expects’, “estimates”, “intends”, “anticipates”, “believes” or
variations of such words, or statements that certain actions,
events or results “may”, “could”, “would”, “might”, “will be
taken”, “occur” or “be achieved” and includes, without limitation,
achievement of objectives set for the investor relation
program. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially from these forward-looking statements include, without
limitation, changes in general economic conditions and conditions
in the financial markets, changes in demand and prices for
minerals, failure to obtain the requisite permits and approvals
from government bodies and third parties, regulatory and
governmental policy changes (laws and policies),operational
difficulties encountered in connection with the activities of the
Company, other matters discussed in this news release and those
risks set out in Falco’s public documents, including in each
management discussion and analysis, filed on SEDAR at
www.sedar.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 times 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.
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