Mr. Karim Rayani reports

FALCON GOLD ANNOUNCES $300,000 PRIVATE PLACEMENT

Falcon Gold Corp. has arranged a non-brokered private placement offering of up to 15 million units at a price of two cents per unit, for total gross proceeds of up to $300,000.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of five cents for a period of five years from the date of issuance.

The company intends to use the proceeds of the offering for general working capital, advancing its Canadian gold and critical metals portfolio, and continuing corporate development initiatives.

All securities issued under the offering will be subject to a statutory four-month-and-one-day hold period in accordance with applicable securities laws. The offering is subject to TSX Venture Exchange approval. Finders' fees may be paid where permitted.

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration company focused on generating, acquiring and exploring opportunities in the Americas. Falcon's flagship project, the Central Canada gold mine, is approximately 20 kilometres southeast of Agnico Eagle's Hammond Reef gold deposit, which currently has an estimated 3.32 million ounces of gold (123.5 million tonnes grading 0.84 gram per tonne gold) mineral reserves and 2.3 million ounces of measured and indicated mineral resources (133.4 million tonnes grading 0.54 gram per tonne gold). The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast-trending splay off the Quetico fault zone (QFZ) and may be the control for the gold deposit. The Central gold property lies on a similar major northeast-trending splay of the QFZ. The neighbouring properties results do not necessarily apply to the current project or property being disclosed.

The company holds multiple additional projects: a 49-per-cent interest in the Burton gold property with Iamgold near Sudbury, Ont.; the Spitfire-Sunny Boy claims in British Columbia; the Great Burnt copper-gold project in central Newfoundland; and, most recently, battery metals projects: the Timmins West nickel-copper-cobalt property in Ontario and the Outarde nickel-copper-cobalt property and the Nickel North property in Quebec.

We seek Safe Harbor.