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FG.V ·

Falcon Private Placement

Financings

1 | P a g e

NEWS RELEASE

FALCON PRIVATE PLACEMENT

Vancouver, B.C., March 21, 2017. FALCON GOLD CORP. (FG: TSX -V) (“Falcon” or the “Company”)

announces that further to its March 20, 2017 news release whereby the Company announced a non -

brokered private placement of up to $600 ,000 priced at $.05/unit, the Company contemplates that

various exemptions will be utilized pursuant to this f inancing and it may rely upon the suitability advice

exemption (B.C. Instrument 45-536) for a portion thereof. There is no material fact or material change

that has not been generally disclosed.

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration 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 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]