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FG.V ·

Falcon Updates Private Placement

Financings

1 | P a g e

NEWS RELEASE

FALCON UPDATES PRIVATE PLACEMENT

Vancouver, B.C., July 6, 2017. FALCON GOLD CORP. (FG: TSX-V) (“Falcon” or the “Company”) announces

that further to its news release of March 20, 2017, it is proceeding with a non-brokered private

placement for up to $600,000 priced at $.05/Unit. Each Unit consists of one common share and one 2-

year common share purchase warrant exercisable at $.08. Closing will be subject to TSX Venture

Exchange approval and any shares issued will be subject to a four-month hold period. 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 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 future events and conditions and therefore,

involve inherent risks and uncertainties. Actual results may differ materially from thos e 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.

FALCON GOLD CORP.

520- 470 Granville St.

Vancouver, BC V6C1V5

+1 604-683-1991

+1 604 683-8544

www.falcongold.ca

[email protected]