MONTREAL, QC –(Marketwired – May 25, 2017) – Falco Resources Ltd. (“Falco” or the “Company”) (TSX VENTURE: FPC) is pleased to announce that it has appointed Ms. Chantal Sorel, Managing Director, Capital, at SNC-Lavalin to the Board of Directors of the Company. Ms. Hélène Cartier, who was appointed as Vice President Environment and Sustainable Development of the Company on March 15, 2017, has resigned as a member of the Board of Directors.
Ms. Sorel is Managing Director, Capital, at SNC-Lavalin. She is responsible for the investment and asset management business capability of SNC-Lavalin, which invests capital in projects and manages the company’s multi-billion dollar portfolio of infrastructure investments. Previously, Ms. Sorel was Senior Vice-President, Business Development, of SNC-Lavalin’s Infrastructure sector. Until late 2014, she held the position of Vice-President and Project Manager in charge of the McGill University Health Centre (MUHC) Glen Site project.
Chantal Sorel has a degree in architecture from Université de Montréal and a Master’s degree in Project Management from Université du Québec à Montréal. She also has a Project Management Professional certification from the Project Management Institute and completed the Director Education Program jointly offered by the Institute of Corporate Directors, the McGill Executive Institute and the Rotman School of Management at the University of Toronto.
Luc Lessard, President and CEO of Falco noted: “We are delighted to welcome Chantal to the board of Falco. Chantal brings depth of knowledge and experience in project management, strategy and financing. Chantal will be a valuable addition to the Company as we continue to advance the Horne 5 project.”
About Falco Resources Ltd. Falco is one of the largest mineral claim holders in the Province of Québec, with extensive land holdings in the Abitibi Greenstone Belt. Falco owns 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 property 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 Ltdis the largest shareholder of the Company and currently owns 13.5% of the outstanding shares of the Company.
FOR FURTHER INFORMATION PLEASE CONTACT:
For further information contact: Vincent Metcalfe Chief Financial Officer 514-905-3162 info@falcores.com Bettina Filippone Renmark Financial Communications Inc. 514-939-3989 bfilippone@renmarkfinancial.com Source: Falco Resources Ltd