Fancamp Grants Stock Options
FANCAMP EXPLORATION LTD.
7290 Gray Avenue, Burnaby, British Columbia, V5J 3Z2 Telephone: 604-434-8829 Facsimile: 604-434-8823 Web site: www.fancampexplorationltd.ca
NEWS RELEASE
May 7, 2014 TSXV Trading Symbol: FNC
Fancamp Grants Stock Options
Fancamp Exploration Ltd. (“Fancamp” or the “Company”) has granted incentive stock options to its directors, officers and service providers, for the purchase of up to 2,450,000 common shares in its capital stock, at a price of $0.15 per share, exercisable on or before May 2, 2019. The options are granted pursuant ot the Company’s stock option plan, under which a maximum of ten percent (10%) of the issued and outstanding common shares are reserved for issuance. Shares issuable upon exercise of the incentive stock options are subject to a 4-month hold period, commencing on the date the incentive stock options are granted.
About Fancamp Exploration Ltd (www.fancampexplorationltd.ca)
Fancamp Exploration Ltd. is a Canadian junior mineral exploration company that continues to evolve into a holder of shares in partner companies and royalties on near-term producing mines. These assets are designed to generate free cash flow without further shareholder dilution. Fancamp has an exceptional inventory of resource projects at various stages of development covering more than 1,710 km2 in three provinces. The commodities include hematite-magnetite iron formations, titaniferous magnetite, hematite, nickel/copper/PGM, chromite, Volcanogenic Massive Sulphides and gold.
For further information, please contact
Peter H. Smith, PhD, P.Eng., President and CEO, Director
+1 514 481-3172
Michael D’Amico, Investor Relations
+1 647 500 6023 [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.