Core Viewpoint - Falco Resources Ltd. has entered into binding agreements to extend the maturity dates of its existing debts with OR Royalties Inc. and Glencore Canada Corporation, providing the company with additional flexibility for the development of the Horne 5 Project [1][2]. Summary by Sections Agreements and Extensions - The maturity date of the OR Royalties Loan has been extended from December 31, 2025, to December 31, 2026 [1]. - The maturity date of the Glencore Debenture has also been extended from December 31, 2025, to December 31, 2026 [1]. Amendments to Loans - For the OR Royalties Loan, the principal amount will be approximately $26,098,521, with a conversion price maintained at $0.45 per Common Share and an interest rate of 9% [2]. - For the Glencore Debenture, the principal amount will be approximately $15,433,754, with a conversion price maintained at $0.37 per Common Share and an interest rate of 10% [3]. Warrants Issuance - Falco will issue 19,332,237 New OR Royalties Warrants to OR Royalties, exercisable at $0.58 per Common Share, expiring on December 31, 2026 [2]. - Falco will issue 21,381,422 New Glencore Warrants, with exercise prices of $0.38 and $0.42 per Common Share, expiring on December 31, 2026 [3]. Related Party Transactions - The transactions with OR Royalties are considered "related party transactions" and require minority approval from shareholders [4][5]. - The closing of these transactions is conditional upon obtaining minority approval, TSX Venture Exchange approval, and concurrent closing of the Glencore Debenture Amendments [5][6]. Company Background - Falco is one of the largest mineral claim holders in Québec, with rights to approximately 67,000 hectares in the Noranda Mining Camp, including the Horne 5 project, which has historical production of 11.6 million ounces of gold and 2.5 billion pounds of copper [9].