RY 167.32 0.7952% SHOP 156.84 0.1852% TD 87.295 0.6979% ENB 63.73 0.5522% BN 79.19 -0.1387% TRI 247.45 0.7082% CNQ 44.49 0.9301% CP 103.64 -1.267% CNR 140.22 -0.7573% BMO 140.7 0.8674% BNS 69.62 0.6069% CSU 4745.0 0.3269% CM 83.02 0.6791% MFC 45.15 0.512% ATD 70.57 0.6992% NGT 68.24 1.8052% TRP 70.02 -0.7653% SU 54.83 -0.4177% WCN 275.71 0.9224% L 195.87 1.6292%
Energy
Falcon Energy Materials plc (TSX-V: FLCN) Upsizes Private Placement to C$6.5 Million
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Highlights
Falcon Energy Materials plc (TSX-V:FLCN) has announced the successful closing of its upsized non-brokered private placement, raising a total of C$6,524,900. The Company initially planned to raise C$6,000,000 by issuing 10,000,000 units at C$0.60 per unit but has increased the offering to 10,874,832 units due to strong investor demand.
Each unit consists of one ordinary share and one non-transferable share purchase warrant, which entitles the holder to purchase an additional share at C$0.75 per share for a period of 36 months from the closing date. The upsized placement highlights growing investor confidence and strong market interest in Falcon Energy's strategic direction.
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