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FG.V ·

Falcon Grants Options

Share Capital & Compensation

1 | P a g e

NEWS RELEASE FG: TSX-V

FALCON GRANTS OPTIONS

Vancouver, B.C., August 23, 2019. FALCON GOLD CORP. (FG: TSX-V) (“Falcon” or the “Company”) reports

that in compliance with the Company’s Stock Option plan, the Board of Directors has granted 2,000,000

options exercisable for up to 5 years at $0.05 to certain directors, officers and consultants of the Company.

About Falcon Gold Corp.

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

opportunities in the Americas. Its Canadian projects include; the Central Canada gold and copper projects

in Atikokan, Ontario, the Wabunk Bay gold, base metal project in Red Lake, Ontario and an interest in the

Burton gold property located near Sudbury, Ontario. Falcon also has an agreement to acquire the

Esperanza gold, copper project located within the Sierra de Las Minas District, Argentina.

CONTACT INFORMATION:

Falcon Gold Corp.

Karim Rayani

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 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.

FALCON GOLD CORP.

520- 470 Granville St.

Vancouver, BC V6C1V5

+1 604-683-1991

+1 604 683-8544

www.falcongold.ca

[email protected]