Falcon Private Placement

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2017) - FALCON GOLD CORP. (TSXV: FG) ("Falcon" or the "Company") announces that further to its March 20, 2017 news release whereby the Company announced a non-brokered private placement of up to $600,000 priced at $.05/unit, the Company contemplates that various exemptions will be utilized pursuant to this financing and it may rely upon the suitability advice exemption (B.C. Instrument 45-536) for a portion thereof. There is no material fact or material change that has not been generally disclosed.

About Falcon Gold Corp.

Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. For information on the Company, please visit our website:www.falcongold.ca.

CONTACT INFORMATION
Falcon Gold Corp.

David Tafel
Chairman

Stephen Wilkinson
CEO & Director

Telephone: 604-683-1991
Email: info@falcongold.ca

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 defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.