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Falcon Appoints R. Stuart Angus to Its Advisory Board

Management Changes

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NEWS RELEASE FG: TSX-V

FALCON APPOINTS R. STUART ANGUS TO ITS ADVISORY BOARD

Vancouver, B.C., November 07, 2019. FALCON GOLD CORP. (FG:TSX-V), (3FA:GR) ; ("Falcon" or the

Company") is pleased to announce the addition of Mr. R. Stuart “Tookie” Angus to its Advisory Board.

Mr. R. Stuart “Tookie” Angus is an independent business advisor to the mining industry and is presently

Chair of K92, Chair of San Marco Resources Inc., and Kenadyr Mining (Holdings) Corp. He is the former

Head of the Global Mining Group for Fasken Martineau. For the past 40 years, Mr. Angus has focused on

structuring and financing significant international exploration, development and mining ventures. More

recently, he was managing Director of Mergers and Acquisitions for Endeavour Financial and was

responsible for merger and acquisition mandates. Mr. Angus is the former Chairman of the Board of BC

Sugar Refinery Limited. He was a Director of First Quantum Minerals Ltd. until June 2005, a Director of

Canico Resource Corp. until its takeover by Brazil’s CVRD in 2005, a Director of Bema Gold Corp. until its

takeover by Kinross Gold Corporation in 2007, a Director of Ventana Gold Corp. until its takeover by AUX

Canada Acquisition Inc. in 2011, and a Director of Plutonic Power Corporation until its merger with Magma

Energy Corp. in 2011. He resigned June 30, 2017 as Chair of Nevsun Resources Ltd. following its acquisition

of Reservoir Minerals in 2017.

“Mr. Angus is a significant Falcon shareholder and we are very pleased to also add him to our Advisory

Board. Tookie’s knowledge and track record in mining financing, and M&A will be extremely beneficial to

Falcon in advancing our mining exploration asset portfolio.” states Karim Rayani, Falcon’s Chief Executive

Officer.

About Falcon Gold Corp.

Falcon is a Canadian, mineral exploration company focused on generating, acquiring, and exploring

opportunities in the Americas. Its Ontario, Canada projects include: the Central Canada gold and copper

projects in Atikokan; the Bruce and Camping lake projects in Red lake; the Wabunk Bay base metal project

in Red Lake and an interest in the Burton gold property located near Sudbury. Falcon also has an

agreement to acquire the Esperanza gold, copper project located within the Sierra de Las Minas Dist rict,

Argentina.

CONTACT INFORMATION:

Falcon Gold Corp.

Karim Rayani

CEO, Director

Telephone: 604-683-1991

Email: [email protected]

FALCON GOLD CORP.

Suite 520 – 470 Granville Street

Vancouver, BC, V6C 1V5

TEL: (604) 683-1991

FAX: (604) 683-8544

www.falcongold.ca

[email protected]

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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 futur e 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 d efined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.