Mr. Luc Lessard reports

FALCO ENGAGES NETTLEHURST CAPITAL ADVISORS INC.

Falco Resources Ltd. has entered into a services agreement with Nettlehurst Capital Advisors Inc. (NCA), pursuant to which NCA has agreed to provide certain advisory services to the corporation, including advice on capital markets, in accordance with Policy 3.4 of the TSX Venture Exchange.

Under the engagement, NCA will be paid a fee of $5,000 per month for the services it will render starting on Feb. 5, 2025, for an initial six-month term. The agreement can be extended for subsequent three-month terms following the initial term. There are no performance factors contained in the agreement, and NCA will not receive common shares or options as compensation.

NCA and the corporation are arm's-length parties, and NCA and its principals do not currently own or have any interest, directly or indirectly, in the securities of the corporation.

NCA is a Toronto-based capital markets advisory firm, specializing in market liquidity services.

About Falco Resources Ltd.

Falco Resources is one of the largest mineral claim holders in the province of Quebec, with extensive landholdings in the Abitibi greenstone belt. Falco owns approximately 67,000 hectares of land in the Noranda mining camp, which represents 67 per cent of the entire camp and includes 13 former gold and base metal mine sites. Falco's principal asset is the Falco Horne 5 project, located under the former Horne mine that was operated by Noranda from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Development Corp. is Falco's largest shareholder, owning a 16-per-cent interest in the corporation.

We seek Safe Harbor.