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FG.V ·

Falcon Announces Additional Extension of Private Placement

Financings

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NEWS RELEASE FG: TSX-V

3FA: GR

FGLDF: OTCQB

FALCON ANNOUNCES ADDITIONAL EXTENSION OF PRIVATE PLACEMENT

Vancouver, BC, June 2 7, 2024 FALCON GOLD CORP. (FG:TSX-V) (3FA: FSE) (FGLDF:OTCQB) (the

“Company”) announces that it has further extended its non -brokered private placement of up to

9,000,000 flow-through shares (the “FT Shares”) at $0.05 per FT Share and up to 2,700,000 units (the

“Units”) at $0.05 per Unit for aggregate gross proceeds of $585,000 (the “Private Placement”).

The Company now expects to close the Private Placement on or before July 27, 2024, subject to final

acceptance of the TSX Venture Exchange. The terms of the Private placement remain the same as

previously announced on April 30, 2024, May 2, 2024 and May 27, 2024.

CONTACT INFORMATION:

Falcon Gold Corp.

“Karim Rayani”

Karim Rayani

Chief Executive Officer, Director

Telephone: (604) 716-1036

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.

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.

FALCON GOLD CORP.

Suite 1100 – 1111 Melville St.

Vancouver, BC, V6E 3V6

VANCOUVER TEL: (604) 716-1036

TORONTO TEL: (416) 477-1220

www.falcongold.ca

[email protected]