THE INVESTMENT :
The Capital croissance PME fund once again supports Falco Resources Ltd. in its many gold and base metal mining projects in the Abitibi-Témiscamingue region.
THE COMPANY :
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 74,000 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 includes the Horne Mine, which was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. www.falcores.com
Capital croissance PME, the combined strength of Capital régional et coopératif Desjardins and the Caisse de dépôt et placement du Québec, is an investment fund with the primary mission of providing patient capital to Québec SMEs to carry out a variety of expansion projects. It strives in particular to keep SME ownership in Québec as entrepreneurs start thinking about taking their retirement. Managed by Desjardins Business Capital régional et coopératif, CCPME is designed to meet the financing needs of Québec companies, primarily in the form of subordinated loans of less than $5 million. www.capitalcroissancepme.com
INVESTMENT MANAGEMENT TEAM :