VANCOUVER, BC--(Marketwired - September 12, 2014) - Falco Resources Ltd. ("Falco") (
"Sean made an enormous contribution to the gold mining industry in the Province of Quebec during his tenure as President and CEO of Osisko Mining Corp.," said Trent Mell, President and CEO. "Falco stands to benefit from a stronger relationship with its largest shareholder in three ways: access to capital, technical bench strength and first-in-class sustainability practices. I have known Sean for several years and I am looking forward to working with him."
"We know the Abitibi and I believe our expertise can help Falco advance its strategic objectives," said Sean Roosen, Chairman and CEO of Osisko Gold Royalties Ltd. "Falco controls the last of the large Abitibi camps that is not owned by a major gold producer and, as their largest shareholder, we want to help them succeed."
Mr. Roosen has been Chairman of the Board and CEO of Osisko Gold Royalties since June 2014. Prior to this, he was President and CEO of Osisko Mining Corporation, which he co-founded. He was a guiding force in transforming Osisko Mining from a junior exploration company to a leading intermediate gold producer. Over that period, he was responsible for developing the permitting and financing strategy to bring the $1 billion Canadian Malartic Mine into production. Mr. Roosen's other directorships include Condor Petroleum Inc., Dalradian Resources Inc. and NioGold Mining Corporation. A graduate of the Haileybury School of Mines, Mr. Roosen has held numerous roles in the mining industry both domestically and internationally.
About Falco
Falco Resources Ltd. (
About Osisko Gold Royalties Ltd.
Osisko Gold Royalties Ltd. (
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Contact Information:
For further information contact:
Mr. Dean Linden
Senior Vice President
Business Development
+1.425.449.9442
dlinden@falcores.com
Ms. Deanna Kress
Corporate Communications
+1.604.336.6346
1.855.238.4671
dkress@falcores.com