Results of Annual General and Special Meeting
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NEWS RELEASE FG: TSX-V
3FA: GR
FGLDF: OTCQB
RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING
Vancouver, B.C., August 10, 2022, FALCON GOLD CORP. (FG: TSX -V), (3FA: GR), (FGLDF: OT CQB);
("Falcon" or the “Company”) held its Annual General and Special Meeting (the “Meeting”) on August 10th,
2022., via conference call. Shareholders voted on and approved matters described in the previously
circulated management information circular, being the election of directors, appointment of auditors and
security-based compensation plan. The Meeting was adjourned and consideration and voting on the
special resolution to approve the proposed statutory plan of arrangement with Latamark Resources Corp.
was deferred to 10:00AM PST on September 8, 2022.
The Company also announces it has arranged a non-brokered private placement to raise total proceeds
of $300,000 through issuance of 4,000,000 units (each a “Unit”) at a price of $0.075 per Unit . Proceeds
from the offering are for general working capital and exploration on the Company’s project portfolio. Each
Unit will consist of one common share and one common share purchase warrant, with each whole warrant
entitling the holder to subscribe to common share of the Company at a price of $0.10 for a period of 36
months following the acceptance date. The common shares and warrants issued under the Units will be
subject to the standard four month hold period as prescribed by the policies of the TSX Venture Exchange.
Insider Participation
Chief Executive Officer and Director Karim Rayani is subscribing for 1,000,000 Units for a total of $ 75,000,
and James Farley, director of the Company, is subscribing for 400,000 Units for a total of $30,000.
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
20km southeast of Agnico Eagle’s Hammond Reef Gold Deposit 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.
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
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The Company holds 14 additional projects: The Esperanza Gold/Silver/Copper mineral concessions located
in La Rioja Province, Argentina, The Viernes Gold/Silver/Copper project in Antofagasta Chile, The
Springpole West Property in the world -renowned Red Lake m ining 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, Matador, 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
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 looki ng 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 defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.