Falcon Gold Announces 3-for-1 Share Consolidation to Optimize Capital Structure
FALCON GOLD CORP.
Suite 200 – 3310 South Service Road
Burlington, Ontario, L7N 3M6
TEL: (604) 909-2070
www.falcongold.ca
NEWS RELEASE FG: TSXV
3FA: FRA
FOR IMMEDIATE RELEASE
Falcon Gold Announces 3-for-1 Share Consolidation to Optimize Capital Structure
Correction of News Release dated January 23, 2026. The number of shares outstanding was
incorrectly stated as 188 million whereas the correct number is 177 million.
Toronto, Ontario — January 27, 2026 — Falcon Gold Corp. (TSX-V: FG; FSE: 3FA; OTC-Pinks:
FGLDF) (“Falcon” or the “Company) announces that its board of directors has approved a
consolidation of the Company’s issued and outstanding common shares, subject to acceptance
by the TSX Venture Exchange.
The transaction contemplates a consolidation ratio of three (3) pre-consolidated common
shares to one (1) post consolidation common share. No fractional shares will be issued.
The Company currently has approximately 177 million common shares outstanding. Following
the consolidation, Falcon is expected to have approximately 59 million common shares
outstanding, subject to rounding.
The consolidation is intended to optimize the Company’s capital structure, improve market
efficiency, and enhance flexibility as the Company advances its exploration portfolio and
evaluates corporate and asset-level opportunities, including potential business combinations.
With gold prices at record highs, management believes that a more efficient capital structure
positions the Company to advance its assets and evaluate these opportunities effectively.
The consolidation will not result in any change to the Company’s name, trading symbol, or
business operations. Falcon will issue a further news release confirming the effective date of
the consolidation following receipt of all required regulatory approvals.
Forward-Looking Statements
This document contains forward-looking statements as defined under applicable securities
laws, including anticipated effects of the consolidation and potential corporate opportunities.
Actual results may differ due to risks and uncertainties.
For further information, please contact:
2
2 | P a g e
Falcon Gold Corp.
On Behalf of the Board of Directors
Karim Rayani
Chief Executive Officer, Director
Telephone: (604) 716-0551
Email: [email protected]
About Falcon Gold Corp.
Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring
opportunities in the Americas. Falcon’s flagship project, the Central Canada Gold Mine, is approximately
20 km southeast of Agnico Eagle’s Hammond Reef Gold De posit which currently has an estimated 3.32
million ounces of gold (123.5 million tonnes grading 0.84 g/t gold) mineral reserves and 2.3 million ounces
of measured and indicated mineral resources (133.4 million tonnes grading 0.54 g/t gold). Ref:
https://www.agnicoeagle.com/English/exploration/exploration-projects/Hammond-Reef/default.aspx
The Hammond Reef gold property lies on the Hammond shear zone, which is a northeast -trending splay
off the Quetico Fault Zone (“QFZ”) and may be the control for the gold deposit. The Central Gold property
lies on a similar major northeast -trending splay of the QFZ. The neighboring properties results do not
necessarily apply to the current project or property being disclosed
The Company holds multiple additional projects: a 49% interest in the Burton Gold property with Iamgold
near Sudbury Ontario; Spitfire -Sunny Boy, claims in B.C.; Great Burnt Copper -Gold Project in Central
Newfoundland, and most recently battery metals projects, Timmins West Nickel-Copper-Cobalt Property
Ontario, Outarde Nickel-Copper-Cobalt Property, and the Nickel North property in Quebec.
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 defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.