SkyChain and Synergy Global Announce Joint Venture to Create a VFX Rendering Company

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") is pleased to announce that it has entered into a services agreement (the " Agreement ") with Red Cloud Financial Services Inc. (" RCFS ") pursuant to which RCFS has agreed to provide certain advisory services to the Corporation, including advice on marketing and social media activities, in accordance with Policy 3.4 of the TSX Venture Exchange (the " Exchange ").

Under the engagement, RCFS will be paid a fee of $10,000 per month for the services it will render starting on April 4 ^th , 2024, for an initial twelve-month term, which may be reduced to six months in certain circumstances (the " Initial Term "). The Agreement will transition to a month-to-month basis following the Initial Term. There are no performance factors contained in the agreement and RCFS will not receive common shares or options as compensation.

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") announces that the Board of Directors approved the grant of incentive stock options to key employees, officers and directors to purchase up to an aggregate of 3,440,000 common shares in the capital stock of the Corporation. Grants are subject to a three-year vesting period and a five-year term. The options were granted at an exercise price of $0.36 per share being the closing price of the common shares of the Corporation on the TSX Venture Exchange on April 2, 2024.

About Falco

Falco Resources Ltd. (TSX.V: FPC) (" Falco " or the " Corporation ") is pleased to announce the receipt of confirmation of the admissibility of its Environmental Impact Assessment (" EIA ") for the Horne 5 Project located in Rouyn-Noranda (the " Admissibility ") from the Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks (" MEFCCWP ").

Since the initial EIA filing in 2018, Falco has completed extensive field work and studies, in addition to providing the documentation in order to respond to questions and requests for information raised by the MEFCCWP. Driven by ESG principles, the EIA was conducted by a multidisciplinary team comprised of Falco's employees, experts and partners, and highlights the Horne 5 Project's benefits and impacts on its physical, biological and human environments. The EIA includes various measures to avoid, mitigate or compensate for these impacts, and to enhance the project's overall benefits, in a strong corporate governance environment. The EIA and all related documentation are publicly available on the Environmental Assessment Register of the MEFCCWP.