Falcon Provides Update ON Status of Mcto
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
NEWS RELEASE FG: TSX-V
3FA: GR
FGLDF: OTCQB
FALCON PROVIDES UPDATE ON STATUS OF MCTO
Vancouver, British Columbia, Canada – January 10, 2024 – Falcon Gold Corp. (the “Company”)
(TSXV: FG), is providing this status update in accordance with National Policy 12-203 – Management
Cease Trade Orders (“NP 12-203”). As previously announced, the Company was granted a
management cease trade order (the “MCTO”) on October 31, 2023 by the British Columbia Securities
Commission (“ BCSC”) due to an expected delay in filing its annual financial statements ,
management’s discussion and analysis and related officer certificates for the financial year ended
June 30, 2023 (collectively, the “ Required Filings”). The Company announces that the BCSC has
granted an extension to the MCTO until January 12, 2024. The Company’s management continues to
work diligently with its auditor to complete the Required Filings.
The Company reports that: (i) there are no changes to the information contained in its default
announcement on October 31, 2023, that would reasonably be expected to be material to an investor;
(ii) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the
alternative information guidelines set out under NP 12-203 and issue bi-weekly default status reports
for so long as the delay in filing the Required Filings is continuing, which will be issued in the form of
a news release; (iii) there has not been any other specified default by the Company under NP 12-203
and no such other default is anticipated; and (iv) there is no material information concerning the affairs
of the Company that has not been generally disclosed.
ON BEHALF OF THE BOARD OF DIRECTORS
Karim Rayani
Chief Executive Officer and Director
For further information please contact:
Email: [email protected]
Phone: (604) 716-0551
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.