Falcon Energy Materials Closes C$25 Million Private Placement
Abu Dhabi, United Arab Emirates — February 20, 2026 — Leads & Copy —
Falcon Energy Materials plc (TSX-V: FLCN) (OTCQB: FLCNF) has announced the closing of its non-brokered private placement, raising C$25,000,000.
The Private Placement consisted of 41,666,666 units of Falcon, priced at C$0.60 per unit. Each unit includes one ordinary share of the company and one share purchase warrant. The warrant allows the holder to purchase an additional share at C$0.75 per share for 36 months from the closing date.
According to Falcon CEO Matthieu Bos, the company is pleased with the strong investor confidence demonstrated by the successful closing of this Private Placement. Bos said the company is grateful to existing shareholders for their continued support, including La Mancha Resource Fund’s exercise of its anti-dilution rights.
Bos also said the company is pleased to welcome Argentem Creek Partners from the United States of America and several high-profile investors from the Middle East and Europe. Bos added that the support shown by participants in this private placement will enable the company to advance rapidly the development of its project in Morocco.
Following the closing of the Private Placement, La Mancha Investments S.à.r.l. will hold a 24.1% interest in Falcon, based on the fully diluted number of shares outstanding.
Falcon will use the proceeds from the Private Placement to advance the development of its strategic projects in Morocco, as well as for general working capital requirements. All securities issued under the Private Placement are subject to a statutory four-month hold period until June 21, 2026.
Issuances of Units to insiders of the Company, including La Mancha, in connection with the Private Placement are considered related party transactions within the meaning of Policy 5.9 – Protection of Minority Security Holders in Special Transactions of the TSX Venture Exchange and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation and minority approval requirements, as neither the fair market value of the securities being issued to insiders, nor the consideration being paid by such insiders, exceeds 25% of the Company’s current market capitalization.
The Private Placement remains subject to receipt of the final approval from the TSX Venture Exchange.
Falcon Energy Materials (TSX-V: FLCN, OTCQB: FLCNF) is aiming to be the premier provider of natural Coated Spheronized Purified Graphite, a critical component for energy storage solutions. The company is working towards the development of a 25 ktpa CSPG production facility in Morocco. Falcon says it benefits from advanced technological expertise, access to high-quality raw materials and chemicals, and a prime geographical location.
Falcon aims to become the go-to producer of natural CSPG, supporting widespread adoption in energy storage and other emerging industries.
Source: Falcon Energy Materials plc
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