Falcon FG Announces $600,000 Private Placement and Update on NY Canyon Property, Mineral County, Nevada

Falcon Gold (CVE:FG) announced a non-brokered private placement of up to 8M units priced at $0.075 per Unit for total gross proceeds of $600,000. Each unit will consist of one common share and one-half warrant priced at $0.10 per share for the first 12 months and $.020 per share for the 12 months thereafter.

Proceeds will be used to advance its exploration and development work on the New York Canyon project, continued exploration activities on its Washington silver project, and general corporate purposes.

To view an updated Corporate Presentation that includes preliminary 3-D modeling and illustrated drillhole data, visit our website at: www.falcongold.ca

Nancy Massicottelogo-falcon-319x150-2

 

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