Welcome to Falcon Minerals...
Falcon is a mineral exploration company listed on the Australian Stock Exchange (ASX code FCN). It is a Company in transition having announced in December 2015 that it has entered into a binding Term Sheet to acquire 51% ownership of Robo 3D, Inc (ROBO 3D) via the acquisition of all of the issued shares in Albion 3D Investments Pty Ltd (Albion 3D).
ROBO 3D is a USA-based company founded in 2012 that develops, designs, manufactures and sells 3D printers and associated products to the desktop/consumer segment of the 3D printing industry.
The Transaction will constitute a significant change in the nature and scale of Falcon’s activities, and the Company will be required to re-comply with the listing requirements set out in Chapters 1 and 2 of the ASX Listing Rules (including preparing a full form prospectus). Further details of the acquisition and ROBO 3D can be found in the Company’s announcements to the ASX and in the Investor section of this web page.
The Board intend to divest the Company's existing exploration assets.