Pinks Falcon Grants Incentive Stock Options

FALCON GOLD CORP. 110 – 175 Victory Ship Way North Vancouver, BC, V7L 0B2

VANCOUVER TEL: (604) 670-0019 TORONTO TEL: (416) 477-1220

www.falcongold.ca [email protected]

NEWS RELEASE FG: TSX-V 3FA: GR FGLDF: OTC PINKS

FALCON GRANTS INCENTIVE STOCK OPTIONS

Vancouver, B.C., February 26, 2021. FALCON GOLD CORP. (FG: TSX-V), (3FA: GR), (FGLDF: OTC PINKS); ("Falcon" or the “Company") announces that the board of directors, in compliance with the company's stock option plan, has granted 1.5 million incentive stock options exercisable for up to 3 years at a price of $ 0.12 cents a unit to directors, officers and consultants of the company.

CONTACT INFORMATION:

Falcon Gold Corp.

“Karim Rayani”

Karim Rayani Chief Executive Officer, Director

Telephone: (604) 716-0551

Email: [email protected]

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.

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