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Falco Resources Ltd. (TSXV:FPC) announced that Sean Roosen, CEO and chairman of the board of Osisko Gold Royalties Ltd. (TSX:OR), has been made a director and chairman of the board of Falco.

Falco Resources Ltd. (TSXV:FPC) announced that Sean Roosen, CEO and chairman of the board of Osisko Gold Royalties Ltd. (TSX:OR), has been made a director and chairman of the board of Falco.

The move follows Osisko Gold Royalties’ August 29 announcement that it will raise its ownership interest in Falco to 14.99 percent.

As quoted in the press release:

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.

Trent Mell, president and CEO of Falco, commented:

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.

Click here to read the full Falco Resources Ltd. (TSXV:FPC) press release.

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