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 – December 10, 2024 – Falcon Gold Corp. (the “Issuer”
or the “ Company”) (TSXV: FG), is providing an update on the status of a management cease
trade order (the “ MCTO”) application made by the Company to 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, 2024 (collectively, the “Required Filings”). The BCSC granted the MCTO on October
29, 202 4, and t he Company’s management continues to work diligently with its auditor to
complete the Required Filings . The Company now anticipates that the Required Filings will be
filed by December 29, 2024.
The Company is providing this status update in accordance with National Policy 12-203 –
Management Cease Trade Orders (“NP 12-203”). The Company reports that: (i) there are no
changes to the information contained in its default announcement on October 29, 2024, 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.
The MCTO will stay in effect until the Required Filings are completed and the Company will
continue to issue bi-weekly default status reports as required.
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.
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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.