Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

FG.V ·

Falcon Grants Incentive Stock Options

Share Capital & Compensation

1 | P a g e

NEWS RELEASE FG: TSX-V

3FA: GR

FGLDF: OTCQB

FALCON GRANTS INCENTIVE STOCK OPTIONS

Vancouver, B.C., December 31, 2021. FALCON GOLD CORP. (FG: TSX -V), (3FA: GR), (FGLDF:

OTCQB); ("Falcon" or the “Company”) announces that the board of directors, in compliance with

the company's stock option plan, has granted 2,200,000 incentive stock options exercisable for up

to 5 years at a price of $ 0.05 cents a unit to directors, officers, and consultants of the Company.

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration company focused on generating, acquiring, and

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

is approximately 20 km southeast of Agnico Eagle’s Hammond Reef Gold D eposit which has

currently estimated 3.32 million ounces of gold (123.5 million tonnes grading 0.84 g/t gold) mineral

reserves, and 2.3 million ounces of measured and indicated mineral resources (133.4 million tonnes

grading 0.54 g/t gold). The Hammond Reef gold property lies on the Hammond shear zone, which

is a northeast-trending splay off the Quetico Fault Zone (“QFZ”) and may be the control for the gold

deposit. The Central Gold property lies on a similar major northeast-trending splay of the QFZ.

The Company holds 8 additional projects. The Esperanza Gold/Silver/Copper mineral concessions

located in La Rioj a Province, Argentina. 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 Great

Burnt, Hope Brook, and Baie Verte acquisitions adjacent to First Mining, Benton-Sokoman’s JV,

and Marvel Discovery in Central Newfoundland.

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

FALCON GOLD CORP.

615 – 800 West Pender Street

Vancouver, BC, V6C 2V6

VANCOUVER TEL: (604) 670-0019

TORONTO TEL: (416) 477-1220

www.falcongold.ca

[email protected]

2 | P a g e

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 materia lly

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 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.