Falcon Gold Corp. Exceeds $975,000 in Private Placement

Falcon Gold Corp. has successfully closed the third and final tranche of its non-brokered private placement, amassing total proceeds of $975,025.17. The recent tranche included the issuance of 6,666,660 Quebec flow-through units at $0.045 each, raising $299,999.70, and 2,286,442 non-flow-through units at $0.035 each, generating $80,025.50. Thus, the final tranche contributed a combined $380,025.20.

Overall, through three separate tranches, Falcon Gold issued a total of 14,000,000 flow-through units, 6,666,660 Quebec flow-through units, and 3,286,442 non-flow-through units. The funds aim to support Canadian exploration projects in Newfoundland, Ontario, and Quebec, while proceeds from non-flow-through units will cover general corporate costs.

Investors are offered securities with specific share purchase warrants, enabling future acquisitions at pre-set prices. However, securities remain unregistered under U.S. laws, limiting their offer or sale conditions in the United States.