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Falcon GOLD Receives Dtc Eligibility

Listings & Exchange

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NEWS RELEASE FG: TSX-V

3FA: GR

FGLDF: OTCQB

FALCON GOLD RECEIVES DTC ELIGIBILITY

Vancouver, B.C., September 7, 2021. FALCON GOLD CORP. (FG: TSX-V), (3FA: GR), (FGLDF:

OTCQB); ("Falcon" or the “Company") is pleased to announce that its common shares are now eligible

for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States.

The Company’s shares trade on the OTCQB under the symbol FGLDF.

The DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and

settlement of publicly traded companies. Securities that are eligible to be electronically cleared and

settled through “DTC eligible” have an accelerated settlement period with reduced costs for U.S. investors

and brokers enabling the company's common shares to be traded through a much wider selection of firms

through an electronic method of clearing securities.

The company also announced on August 10, 2021 , that its common shares had been upgraded to trade

on the OTCQB Venture Market operated by the OTC Markets Group, New York. The company's Canadian

trading symbol remains unchanged and will continue to trade on the TSX Venture Exchange under the

symbol FG.

Karim Rayani Chief Executive Officer commented, “Having the approvals on both the QB listing and now

DTC is paramount in broadening our shareholder base in the U.S. More importantly this will allow various

platforms in the U.S. to execute orders with greater ease creating more opportunity for new investors that

may have been previously restricted from Falcon’s common shares. With the enhanced reporting

requirements, the upgrade also provides exemptions from U.S state securities laws or “Blue Sky”

exemptions which expand Investment advisor’s ability to research and recommend investment in Falcon.”

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration compa ny focused on generating, acquiring, and exploring

opportunities in the Americas. Falcon’s flagship project, the Central Canada Gold Mine, is approximately

20 km south east of Agnico Eagle’s Hammond Reef Gold Deposit.

The Company holds 6 additional projects. The Camping Lake Gold property and the Springpole West

Property in the world-renowned Red Lake mining camp; a 49% interest in the Burton Gold property with

Iamgold near Sudbury Ontario; and in B.C., the Spitfire-Sunny Boy, Gaspard Gold claims; and most recently

the Hope Brook acquisition adjacent to First Mining, Sokoman-Benton’s JV in Newfoundland.

FALCON GOLD CORP.

110 – 175 Victory Ship Way

North Vancouver, BC, V7L 0B2

VANCOUVER TEL: (604) 670-0019

TORONTO TEL: (416) 477-1220

www.falcongold.ca

[email protected]

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CONTACT INFORMATION:

Falcon Gold Corp.

“Karim Rayani”

Karim Rayani

Chief Executive Officer, Director

Telephone: (604) 716-0551

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 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.