November 2, 2016 / 3:52 PM / a year ago

BRIEF-Falco upsizes previously announced bought deal financing to $32.5 million

Nov 2 (Reuters) - Falco Resources Ltd :

* Has amended terms of previously announced bought deal public offering to increase size of offering to $32.5 million

* Net proceeds of Upsized Offering will be used by company to advance dewatering program related to development of Horne 5 Deposit

* Is arranging concurrent private placement of units with “strategic investors” for additional gross proceeds up to $25 million

* Falco announces upsize to previously announced bought deal financing to $32.5 million and concurrent $25 million private placement Source text for Eikon: Further company coverage:

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