Vancouver - FALCON GOLD CORP.(FG: TSX-V), (3FA: GR), (FGLDF: OTC PINKS); ('Falcon' or 'theCompany') announces that the board of directors, in compliance with the company's stock option plan, has granted 1.0 million incentive stock options exercisable for up to 5 years at a price of $ 0.14 cents a unit to directors and officers of the company.

About Falcon Gold Corp. & the Central Canada Gold Mine Project

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 20 km south east of Agnico Eagle's Hammond Reef Gold Deposit which has Measured & Indicated estimated resources of 208 million tonnes containing 4.5 million ounces of gold. The Hammond Reef gold property lies on the Hammond fault which is a splay off of the Quetico Fault Zone ('QFZ') and may be the control for the gold deposit. The Central Gold property lies on a similar major splay of the QFZ.

Contact:

Karim Rayani

Tel: (604) 716-0551

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.

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