Fancamp shareholders elect four directors at AGM

Nov 8, 2018

2018-11-07 15:43 ET – News Release

Dr. Peter Smith reports

FANCAMP AGM AND GRANT OF OPTIONS TO DIRECTORS

Fancamp Exploration Ltd. has released the results of its annual general meeting held on Nov. 2, 2018, in Montreal, Que. Fourteen shareholders were present and approximately 25 per cent of the 153,551,629 shares outstanding were voted, with the following approval numbers for the four confirmed directors: Dr. Peter Smith (87 per cent), Paul Ankcorn (87 per cent), Mark Billings (88 per cent) and Ashwath Mehra (94 per cent). Both the stock option plan and the auditor were confirmed. Presentations were made subsequent to the meeting on the company’s industrial synergy route for the upgrading of titanium dioxide feedstock, and on current activities on the company’s gold prospects: Mallard, in the Swayze district southwest of Timmins, Baie Verte Brompton in the Beauce district of Quebec and the Brunswick North option, located in the Bathurst district of New Brunswick. Fancamp Exploration is planned to drill at least one of these targets before the end of the year.

Fancamp Exploration has granted 1.9 million options at eight cents each to certain members of the board.

About Fancamp Exploration Ltd.

Fancamp Exploration is a Canadian junior mineral exploration company. It continues to evolve into a holder of shares in partner companies together with royalties. The company has an exceptional inventory of resource properties in three provinces: Quebec, Ontario and New Brunswick. The commodities include gold, base metals, chromium, titanium and iron.

http://www.fancampexplorationltd.ca/