Falcon Gold CEO Karim Rayani joined Steve Darling from Proactive to share news the company has added to their treasury closing an oversubscribed non-brokered private placement of just over half a million dollars.
Rayani telling Proactive, the gross proceeds will be used for exploration and development of Falcon’s British Columbia, Ontario and Newfoundland projects. Rayani also told Proactive, the company has started Phase 2 exploration at their Spitfire-Sunny Boy Project near Merritt, B.C.