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FG.V ·

Falcon Closes First Tranche of Private Placement

Financings

NEWS RELEASE

FALCON CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Vancouver, B.C., July 18, 2017. FALCON GOLD CORP. (FG: TSX -V) (“Falcon” or the

“Company”) announces that it has closed a first tranche of its previously announced non-

brokered private placement and issued 1,820,000 Units priced at $0.05 for total gross proceeds

of $91,000. Each Unit consists of one common share and one 2 -year common share purchase

warrant. Each warrant will be exercisable for one common share at $0. 08 for a period of 24

months. The shares will be subject to a 4 month hold period expiring in November 2017.

Proceeds from this financing shall be used by the Company as working capital and for general

corporate purposes.

About Falcon Gold Corp.

Falcon is a Canadian mineral ex ploration company focused on generating, acquiring, and

exploring opportunities in the Americas. For information on the Company, please visit our

website: www.falcongold.ca.

CONTACT INFORMATION

Falcon Gold Corp.

David Tafel

Chairman

Stephen Wilkinson

CEO & Director

Telephone: 604-683-1991

Email: [email protected]

Cautionary Language and Forward-Looking Statements

This news release may contain forward looking statements i ncluding 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 ri sks 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) accept s responsibility for the adequacy or accuracy of this

release.

FALCON GOLD CORP.

520- 470 Granville St.

Vancouver, BC V6C1V5

(604) 683-1991

www.falcongold.ca

[email protected]