Mr. Dean Linden reports

FALCO ACCELERATES EXPIRY DATE OF WARRANTS

Falco Pacific Resource Group Inc., soon to be Falco Resources Ltd., has elected to accelerate the expiry date of the common share purchase warrants originally issued by Falco as part of its unit private placement completed on June 14, 2013. Each warrant entitles the holder thereof to purchase one additional common share of Falco at a price of 45 cents. To date, 1.12 million of these warrants have been exercised leaving a balance outstanding of 2.28 million warrants.

Pursuant to the terms of the private placement, the expiry of the warrants may be accelerated at any time prior to the expiry of the warrants if the volume-weighted average trading price of Falco's shares on the TSX Venture Exchange is greater than 60 cents for 15 consecutive trading days, at which time Falco may give notice in to the warrantholders within 10 days of such an occurrence that the warrants shall expire on the 30th day following the giving of such early expiry notice.

Effective at the market close on July 23, 2014, Falco's volume-weighted average price for each of the past 15 consecutive trading days exceeded 60 cents. A notice of acceleration dated July 24, 2014, will be mailed to the holders of the warrants issued pursuant to the private placement to advise that the expiry date of the warrants is being accelerated to 4:30 p.m. (Vancouver time) on Aug. 22, 2014. Any warrants remaining unexercised after Aug. 22, 2014, will be cancelled.

Should all of the warrants outstanding be exercised, Falco will receive total gross proceeds of $1,305,000.

We seek Safe Harbor.