File: '\\swfile\EmailIn\20251125 200540 Attachment Falcon Private Placement Nov,25,2025.docx'

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FALCON GOLD CORP.

Suite 200 - 3310 South Service Road

Burlington, Ontario, L7N 3M6

TEL: (604) 909-2070

www.falcongold.ca

info@falcongold.ca

NEWS RELEASE FG: TSXV

3FA: FRA

FOR IMMEDIATE RELEASE

Falcon Gold Announces $300,000 Private Placement

Toronto, Ontario - November 25, 2025 - Falcon Gold Corp. (TSX-V: FG; FSE: 3FA; OTC-Pinks: FGLDF) ("Falcon" or the "Company") is pleased to announce a non-brokered private placement offering of up to 15,000,000 units (the "Units") at a price of $0.02 per Unit, for total gross proceeds of up to $300,000 (the "Offering").

Each Unit will consist of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.05 for a period of five (5) 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 ongoing 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. Finder's fees may be paid where permitted.

For further information, please contact:

Falcon Gold Corp.

On Behalf of the Board of Directors

Karim Rayani

Chief Executive Officer, Director

Telephone: (604) 909-2070

Email: k@r7.capital

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 km 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 g/t gold) mineral reserves and 2.3 million ounces of measured and indicated mineral resources (133.4 million tonnes grading 0.54 g/t gold). Ref: https://www.agnicoeagle.com/English/exploration/exploration-projects/Hammond-Reef/default.aspx 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 neighboring properties results do not necessarily apply to the current project or property being disclosed

The Company holds multiple additional projects: a 49% interest in the Burton Gold property with Iamgold near Sudbury Ontario; Spitfire-Sunny Boy, claims in B.C.; Great Burnt Copper-Gold Project in Central Newfoundland, and most recently battery metals projects, Timmins West Nickel-Copper-Cobalt Property Ontario, Outarde Nickel-Copper-Cobalt Property, and the Nickel North property in Quebec.

Cautionary Language and Forward-Looking Statements

This news release may contain forward looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.