FALCON CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, B.C., July 18, 2017. FALCON GOLD CORP. (FG: TSX-V) (“Falcon” or the “Company”) announces that it has closed a first tranche of its previously announced non-brokered private placement and issued 1,820,000 Units priced at $0.05 for total gross proceeds of $91,000. Each Unit consists of one common share and one 2-year common share purchase warrant. Each warrant will be exercisable for one common share at $0.08 for a period of 24 months. The shares will be subject to a 4 month hold period expiring in November 2017. Proceeds from this financing shall be used by the Company as working capital and for general corporate purposes.
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.
Falcon Gold Corp.
CEO & Director