Fancamp Announces Acquisition of 2,348,485 ScoZinc Shares
FANCAMP EXPLORATION LTD.
7290 Gray Avenue, Burnaby, British Columbia, V5J 3Z2
Telephone: 604-434-8829 | Website: www.fancamp.ca
News Release
October 6, 2021 TSX-V Trading Symbol: FNC
Fancamp Announces Acquisition of 2,348,485 ScoZinc Shares
VANCOUVER, British Columbia – Fancamp Exploration Ltd. (“ Fancamp” or the “Corporation”) (TSX Venture
Exchange: FNC) is pleased to announce that it has successfully acquired a total of 2,348,485 common
shares (“ScoZinc Shares”) of ScoZinc Mines Ltd. (“ScoZinc”) 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 payable to ScoZinc was credited towards the purchase price and Fancamp
paid the balance of $1,000,000 in cash, and 378,788 ScoZinc Shares at a deemed issue price of $0.66 per
share in settlement of an outstanding loan of $250,000 to ScoZinc (the “ Transaction”). The ScoZinc Shares
are subject to a hold period expiring February 6, 2022.
Immediately prior to the closing of the Transaction, Fancamp had no beneficial ownership of any ScoZinc
Shares. Upon closing of the Transaction, Fancamp currently has beneficial ownership of 2,348,485 ScoZinc
Shares, representing 13.1% of the outstanding ScoZinc Shares, a total increase of 13.1% of Fancamp’s
beneficial shareholding percentage in the ScoZinc Shares.
Fancamp has acquired the ScoZinc Shares for investment purposes. Fancamp may acquire additional
ScoZinc Shares or dispose of ScoZinc Shares (through market or private transactions) from time to time.
A copy of the related early warning report may be obtained from the SEDAR website (www.sedar.com) or
from Debra Chapman at Fancamp at +1 (604) 434 8829.
About Fancamp Exploration Ltd. (TSX-V: FNC)
Fancamp is a growing Canadian mineral exploration corporation dedicated to its value-added strategy
of advancing mineral properties through exploration and development. The Corporation owns numerous
mineral resource properties in Quebec, Ontario and New Brunswick, including gold, rare earth metals,
strategic and base metals, zinc, chromium, titanium and more. Fancamp is also building on the industrial
possibilities inherent in dealing with some of these materials, notable being the development of its
Titanium technology strategy. The Corporation is managed by a new and focused leadership team with
decades of mining, exploration and complementary technology experience.
For Further Information
Rajesh Sharma, Chief Executive Officer
+1 (604) 434 8829
Debra Chapman, Chief Financial Officer
+1 (604) 434 8829
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.