Falcon Gold reports it has signed a Memorandum of Understanding with Vatic Ventures whereby Vatic may acquire a 60% interest in the Wabunk Bay cobalt claims. The Wabunk Bay property consists of two mining claims in Earngey Township in the Red Lake District of northwestern Ontario. The claims comprise 19 claim units and cover an area of approximately 304 hectares. Stephen Wilkinson, Falcon's CEO stated; "This is an [...]
Falcon Gold Corp. reports it has signed a letter agreement for the right to acquire a 100% interest in 2 mining claims in Earngey Township in the Red Lake District of northwestern Ontario. The claims comprise 19 claim units and cover an area of approximately 304 hectares. Stephen Wilkinson, Falcon's CEO stated; "The Wabunk Bay property adjoins the Uchi gold mine patents on the east. Since the discovery of the sulphide [...]
Falcon Gold is pleased to announce it has closed an over-subscribed $221,000 financing pursuant to its previously announced private placement. The Company has issued 4,420,000 priced at $0.05 per Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.10. Insiders of the Company have subscribed for 45% of the financing. Proceeds shall be used by the Company for working [...]
alcon Gold is pleased to announce that Mr. Karim Rayani, has been appointed as a Strategic Advisor to the Company. For the past 14 years, Mr. Rayani has been focused on financing both domestic and international mineral exploration and development. Most recently, Mr. Rayani was head of Bloomberry Capital Group, a Vancouver based merchant bank and capital advisory firm. Prior to Bloomberry, he worked independently as a [...]
Falcon Gold announces that in compliance with the Company's Stock Option plan, the Board of Directors has granted 1,200,000 options exercisable for up to 5 years at $0.06 to certain directors, officers and consultants of the Company. About Falcon Gold Corp. Falcon is a Canadian mineral exploration company focused on generating, acquiring, and exploring opportunities in the Americas. The Company is listed on the TSX [...]
Falcon Gold is pleased to announce it has arranged a 4,000,000 Unit, non-brokered private placement for $200,000 priced at $0.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.10. Closing will be subject to TSX Venture Exchange approval and any shares issued will be subject to a four-month hold period. Proceeds from this financing shall be used by the Company [...]
Falcon Gold reports it has signed a letter agreement to acquire a 100% interest in seven mining claims in Hutchinson Township in northwest Ontario. The claims comprise 25 claim units, an area of approximately 390 hectares. Stephen Wilkinson, Falcon's CEO commented, "The Central Canada Property adds to our strategic land position in a largely overlooked greenstone belt where there has been economically significant [...]
Falcon Gold is pleased to announce it has signed a letter agreement for the right to acquire a 100% interest in six mining claims straddling the boundary of McCaul and Hutchinson townships in northwest Ontario. The claims comprise 55 claim units and cover an area of approximately 880 hectares. Stephen Wilkinson, Falcon's CEO stated: "There is a close association with certain gold deposits and historic cobalt occurrences [...]
Falcon Gold announces results of its Annual General held Monday January 15, 2018. Shareholders voted in favour of all management resolutions proposed in the Company's Information Circular. Resolutions proposed and approved include: i. The number of Directors for the Company was set at four. ii. The four members elected to the Board of Directors include: Stephen J. Wilkinson, David G. Tafel, James D. Farley, and Brian L [...]
Falcon Gold reports that it has closed its previously announced non-brokered private placement and issued 6,250,000 Units for gross proceeds of $250,000. Each Unit is priced at $0.04 and consists of one common share and one 2-year common purchase warrant. Each warrant will be exercisable for one common share at $0.05 for the first year and at $0.08 for the second year following the closing. The shares will be subject to a [...]
Falcon Gold Corp. announces the Company has received approval from the TSX Venture Exchange for a pricing waiver to enable it to proceed with a non-brokered private placement for up to $250,000 priced at $.04/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable for 2 years and priced at $.05 for the first 12 months and $0.08 for the second 12 months. The Company [...]
Falcon Gold is pleased to announce it has arranged a non-brokered private placement for up to $300,000 priced at $.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $.08. 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 [...]