Falcon Announces $175,000 Private Placement
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NEWS RELEASE FG: TSX-V
FALCON ANNOUNCES $175,000 PRIVATE PLACEMENT
Vancouver, B.C., October 4, 2018. FALCON GOLD CORP. (FG: TSX -V) (“Falcon” or the “Company”)
announces the Company has received conditional approval from the TSX Venture Exchange for a pricing
waiver to enable it to proceed with a non-brokered private placement for up to $ 175,000 priced at
$.035/Unit. Each Unit consists of one common share and one 2 -year common share purchase warrant
exercisable for 2 years and priced at $.05.
The Company contemplates that various exemptions will be utilized pursuant to this financing. It may
rely upon the suitability advice exemption (B.C. Instrument 45 -536) as well as the existing shareholder
exemption (CSA notice 45 -313) which allows for an investmen t of up to $15,000 within any 12 -month
period. There is no material fact or material change that has not been generally disclosed. Closing will be
subject to TSX Venture Exchange approval and any shares issued will be subject to a four -month hold
period.
Proceeds from this financing shall be used by the Company as follows:
Ontario projects sampling/trenching - $75,000; geologist- $10,000; audit fees - $18,000; legal fees -
$9,000; accounting - $12,000; rent- $12,000; office overhead - $15,000; administration - $21,000;
regulatory filing fees- $3,000.
About Falcon Gold Corp.
Falcon is a Canadian based mineral exploration company focused on generating, acquiring, and
exploring opportunities in the Americas. Its Ontario, Canada projects include : the Central Ca nada
cobalt, copper, gold project ; the Coomer Lake vanadium project; the Wabunk cobalt, copper project,
and the Burton gold property. Falcon also has an agreement to acquire 20,461 h ectares within the
Sierra de Las Minas District, Argentina which has hosted several past producing gold, copper and silver
mines. For information on the Company, please visit our website: www.falcongold.ca.
CONTACT INFORMATION:
Falcon Gold Corp.
David Tafel Stephen Wilkinson
Chairman CEO & Director
Telephone: 604-683-1991
Email: [email protected]
Cautionary Language and Forward-Looking Statements
FALCON GOLD CORP.
520- 470 Granville St.
Vancouver, BC V6C1V5
+1 604-683-1991
+1 604 683-8544
www.falcongold.ca
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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.