TSXV:FCO.H - Post by User
Post by
soultraveleron Oct 24, 2009 4:42pm
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Post# 16420743
Update on FCO Financing & Bond
Update on FCO Financing & Bond
I called FCO on Friday, October 23, 2009. I was not able to speak with anyone when I called, but I left a voice mail message. Later in the day, I receiced the following update by return voice mail message. I have attempted to use the same wording that was left in my voice mail.
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FCO is in the final stages of putting together a financing. It will most likely be a component of debt and some small component of equity. In the next few weeks FCO hopes to have a press release on the financing. They are putting the final touches on the financing.
FCO is still negotiating the bond with the Forest Service. The bond has not been finalized. FCO is in the very thick of negotiating with the Forest Service to finalize the bond.