Fancamp Announces AGM Results
FANCAMP EXPLORATION LTD.
7290 Gray Avenue, Burnaby, British Columbia, V5J 3Z2
Telephone: 604-434-8829 | Website: www.fancamp.ca
News Release
March 26, 2024 TSX-V Trading Symbol: FNC
Fancamp Announces AGM Results
VANCOUVER, British Columbia – March 26, 2024 - Fancamp Exploration Ltd. (“ Fancamp” or the
“Corporation”) (TSX Venture Exchange: FNC) is pleased to announce the voting results of its Annual
General Meeting of Shareholders (“AGM”) held on March 25, 2024, in Montreal, Quebec.
The Corporation announces that all resolutions put forward to shareholders in the Fancamp
Management Information Circular (“Circular”) dated February 20, 2024, were overwhelmingly
approved. Fancamp also announces that the nominees listed in the Circular for the Annual General
Meeting of Shareholders (the “Meeting”) were elected as Directors of the Corporation. The number of
Directors has been set at six and Mark Billings, Greg Ferron, Ashwath Mehra, Rajesh Sharma, Mathieu
Stephens and Charles Tarnocai have been re-elected to the Corporation’s Board of Directors.
Shareholders at the meeting approved the appointment of Davidson & Company LLP, Chartered
Professional Accountants as the Corporation’s auditors for the next ensuing year. The Corporation’s
new Omnibus Equity Incentive Compensation Plan (the "Omnibus Plan"), replacing the Corporation’s
former stock option plan, was also approved by a majority of the shareholders. An aggregate
of 24,093,375 common shares of the Corporation ("Common Shares") are issuable pursuant to the
exercise of stock options, restricted share units, deferred share units and performance share units of
the Corporation issued or issuable under the Omnibus Plan, representing 10% of the issued and
outstanding Common Shares as of March 25, 2024. The Omnibus Plan remains subject to the final
approval of the TSX Venture Exchange.
About Fancamp Exploration Ltd. (TSX-V: FNC)
Fancamp is a growing Canadian mineral exploration company focused on creating value through
medium term growth and monetization opportunities with its strategic interests in high potential mineral
projects, royalty portfolio and mineral properties. The Company is focused on an advanced asset play
poised for growth and selective monetization with a portfolio of mineral claims across Ontario and
Québec, Canada; including copper, gold, zinc, titanium, chromium, strategic rare -earth metals and
others. The Company continues to identify near term cash-flow generating opportunities and in parallel
aims to advance its investments in strategic mineral properties. Fancamp has investments in an
existing iron ore operation in the Quebec-Labrador Trough, a rare earth elements company, NeoTerrex
Minerals Inc., in addition to an investment in a zinc mine planned to be restarted in Nova Scotia. The
Company has future monetization opportunities from its Koper Lake transaction in the highly sought -
after Ring of Fire in Northern Ontario. Fancamp is developing an energy reduction and titanium waste
recycling technology with its advanced titanium extraction strategy. The Company is managed by a
focused leadership team with decades of mining, exploration and complementary technology
experience.
Further information of the Company can be found at: www.fancamp.ca
For Further Information
Rajesh Sharma, President & CEO
+1 (604) 434 8829
Debra Chapman, CFO
+1 (604) 434 8829
Tara Asfour, Director of Investor Relations
+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.