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Off-market insider buying at Falcon Gold (V:FG)

Updated Thursday Aug 25, 2022 02:28 AM EDT

Karim Rayani, CEO and Director, acquired 1,000,000 Common Shares on an indirect ownership basis for registered holder R7 Capital Ventures Ltd. at a price of $0.075 through a prospectus or prospectus exempt offering on August 17th, 2022. The insider also acquired 1,000,000 Warrants with an exercise price of $0.100 for 3 years. This represents a $75,000 investment into the company's shares and an account share holdings change of 18.5%.

James Donald Farley, CFO and Director, acquired 400,000 Common Shares and 400,000 Warrants on a direct ownership basis.

Falcon Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Falcon Gold Corp. is a Canada-based mineral exploration company. The Company focuses on acquiring and exploring opportunities in the Americas. Its McCaul Hutchinson Property and Central Canada Property consists of a claim group located in McCaul and Hutchinson Townships, east of Atikokan in Northern Ontario. Its Bruce Lake Property consists of a claim group located in the Red Lake area of Northern Ontario. The Bruce Lake Property consists of about five unpatented mining claims consisting of approximately 72 claim cells. It owns 100% interest in Spitfire and Sunny Boy claims in south central British Columbia. The claims are located approximately 16 kilometers (km) east of Merritt and total 502 hectares (ha). Its Camping Lake Property consists of about 5 unpatented mining claims consisting of approximately 109 claim cells. Its Springpole West Property comprises approximately 197 claims containing about 217 units and extends from McNaughton Township. It also owns various other properties.

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Go to Falcon Gold Corp. (FG)'s company page

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