Falcon Closes $175,000 Private Placement
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NEWS RELEASE FG: TSX-V
FALCON CLOSES $175,000 PRIVATE PLACEMENT
Vancouver, B.C., November 07, 2018. FALCON GOLD CORP. (FG: TSX -V) (“Falcon” or the “Company”)
announces the Company has closed its pre viously announced non-brokered private placement of
$175,840 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. 5,024,000 shares have been issued and a ll
shares issued are subject to a four-month hold period expiring March 08, 2019.
Finders fees amounting to $5,250 and broker warrants of 150,000 having the same terms as the
subscribers’ warrants have been paid.
Proceeds from this financing shall be used by the Company as follows:
Ontario projects sampling/tre nching - $75,000; geologist- $10,000; audit fees - $18,000; legal fees -
$9,000; accounting - $12,000; rent- $12,000; office overhead - $15,840; 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 proje ct,
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
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.
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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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.