June 18 (Reuters) - Falco Resources Ltd FPC.V :
* FALCO ANNOUNCES $180 MILLION SILVER STREAM TRANSACTION AND CONCURRENT $7 MILLION DEBENTURE WITH OSISKO GOLD ROYALTIES
* FALCO RESOURCES LTD - OSISKO HAS AGREED TO COMMIT $180 MILLION THROUGH A SILVER STREAM TOWARD FUNDING OF DEVELOPMENT OF FALCO'S HORNE 5 PROJECT
* FALCO RESOURCES - UNDER TERMS, OSISKO WILL PURCHASE 90% OF PAYABLE SILVER FROM PROJECT, INCREASING TO 100% IN EVENT OPTIONAL FIFTH DEPOSIT IS PAID
* FALCO RESOURCES LTD - FOLLOWING EXECUTION OF BINDING TERM SHEETS BETWEEN FALCO AND OSISKO, A FORMAL NOTICE WAS SENT TO GLENCORE
* FALCO RESOURCES - FOLLOWING AGREEMENT BETWEEN CO, GLENCORE CANADA, SILVER STREAM TRANSACTION IS SUBJECT TO RIGHT OF FIRST REFUSAL IN FAVOR OF GLENCORE
* FALCO RESOURCES LTD - CURRENT DEVELOPMENT SCHEDULE OF HORNE 5 PROJECT IS BEING REVIEWED AND FALCO IS REVISING SCHEDULE