Falcon Gold Corp (TSX-V:FG, OTC:FGLDF) is conducting a non-brokered private placement, offering up to nine million flow-through shares at $0.05 each and up to 1.2 million units at the same price, aiming to raise $510,000.
Each unit includes one non-flow-through share and one transferable share purchase warrant, allowing the holder to buy an additional common share at seven cents within three years.
Funds from flow-through shares will support exploration in British Columbia, Ontario, Newfoundland, and Quebec, while proceeds from units will cover general working capital needs.