Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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<You mention there is 100MM shares in a private company. can you provide me your source for this information as I could not find anything about this subject in browsing through my Falcon research.>

Sorry, my numbers were off a bit. There are 200MM shares in the private Falcon Oil & Gas Australia Pty Ltd (75/25 Falcon Canada/PetroHunter).

They are looking to raise up to another 50MM shares (privately at US$1.00/ea). It's explained better in this release (give the PDF time to load).

www.martinplacesecurities.com.au/download_file.php?uid=139

I also contacted Stephen Schultz at Falcon for a full explanation.

Silverhound

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