Fancamp Exploration Ltd. is pleased to announce that the drilling program at the Clinton project is scheduled to start in mid-February. Based on the 3D modelling by Mira Geosciences and Fancamp, the Clinton drilling program aims to test a VTEM plate anomaly situated some 100 m NE of a copper bearing mineralized lens . The VTEM anomaly also coincides with exhalate marker horizons identified through historical data [...]
Fancamp Exploration Ltd. is pleased to provide an update on its data compilation and target generation for its Clinton VMS exploration project . The Clinton copper zinc massive sulphide project was the site of mining at shallow depth between 1973 to 1975 and has been the site of multiple exploration programs over the past 75 years, including airborne geophysics and drilling . Complex post - mineralization deformation and [...]
Fancamp Exploration Ltd. is pleased to announce that it has entered into a subscription agreement with NeoTerrex Corporation as part of an oversubscribed brokered private placement of 46,844,000 common shares at a price of $ 0.10 per share and 5,600,000 flow through shares at a price of $ 0.125 in the share capital of NeoTerrex. Pursuant to the Agreement, the Corporation has subscribed to 8,932,000 Common Shares at a [...]
Fancamp Exploration Ltd. is pleased to announce that it has entered into a property sale agreement with Vision Lithium Inc., pursuant to which the Corporation will transfer to VLI the exploration property known as Wells. The Wells property comprises four claims and will form a part of a large and significant land package with better potential for development by VLI. This transaction is in line with Fancamp's strategy of [...]
Fancamp Exploration Ltd. announced that it has granted options to acquire a total of 13,000,000 common shares of the Corporation to officers, directors, and consultants, pursuant to the Corporation's Stock Option Plan, at the exercise price of $0.12 per share for a period of five years. The options are granted pursuant to the Corporation's Stock Option Plan, under which a maximum of ten percent of the issued and [...]
Fancamp Exploration Ltd. is pleased to announce that it has successfully acquired a total of 2,348,485 common shares of ScoZinc Mines Ltd. on October 5, 2021, further to Fancamp's news release dated September 16, 2021. Of the 2,348,485 ScoZinc Shares, Fancamp acquired 1,969,697 ScoZinc Shares by way of private placement at $0.66 per share for a total purchase price of $1,300,000, of which a termination fee of $300,000 [...]
Fancamp Exploration Ltd. would like to correct the inaccurate statements in Mr. Peter H. Smith's September 27, 2021 press release and reiterate the facts from the Corporation's recent developments. ScoZinc Transaction Terminated As announced on September 16, the proposed business combination with ScoZinc Mining Ltd. has been terminated. Instead, Fancamp will become a shareholder of ScoZinc by way of a private placement [...]
Fancamp Exploration Ltd. today announced that its annual general meeting will take place on Tuesday, October 5, 2021 at 10:00 a.m. ET. Shareholders as of the record date of Friday, May 28, 2021 will be eligible to vote at the AGM. At the AGM, shareholders will be asked to vote FOR Fancamp's director nominees. The AGM was originally scheduled for Tuesday, June 29, 2021, but was postponed to accommodate a court application [...]
Fancamp Exploration Ltd. is pleased to announce that Mr. Greg Ferron has been appointed to its Board of Directors , effective immediately. As previously announced, Mr. Ferron has replaced Mr. Paul Ankcorn, who has stepped down from the Board. Mr. Ferron has 20 years of mining industry and capital markets experience, and is the former director and CEO of Treasury Metals Inc. Previously, he held various corporate finance [...]
Fancamp Exploration Ltd. today announced that it has entered into an agreement with Mr. Greg Ferron. Mr. Ferron has withdrawn his agreement to serve as a nominee on Mr. Peter H. Smith's dissident slate, and Mr. Ferron, Frank Hoegel and certain other shareholders will reverse their previous votes and vote FOR Fancamp's director nominees. The Agreement aligns the interests of shareholders with the Fancamp Board of Directors [...]
Fancamp Exploration Ltd. is pleased to announce that on Friday, September 3, 2021, the Supreme Court dismissed all of Mr. Peter H. Smith's remaining applications in relation to the Corporation's annual general meeting . The SCBC had previously dismissed Mr. Smith's application for the AGM to be held on July 26, 2021. As to Mr. Smith's remaining applications, the SCBC: Dismissed the application to replace Mr. Mark Billings [...]
Fancamp Exploration Ltd. provides the following corporate update. On July 15 and 16, 2021, the Supreme Court heard Mr. Peter Smith's application for an order that the annual general meeting of the Company be held on July 26, 2021, and for other relief. The judge dismissed the application for an order that the AGM be held on July 26, 2021, and reserved judgment on all other issues for two weeks. The Company was granted an [...]