Fancamp Announces Resignation of Director
FANCAMP EXPLORATION LTD.
7290 Gray Avenue, Burnaby, British Columbia, V5J 3Z2
Telephone: 604-434-8829 | Website: www.fancamp.ca
News Release
May 14, 2024 TSX-V Trading Symbol: FNC
Fancamp Announces Resignation of Director
VANCOUVER, British Columbia – May 14, 2024 - Fancamp Exploration Ltd. (“Fancamp” or the
“Corporation”) (TSX Venture Exchange: FNC) announces the resignation of Mr. Greg Ferron as
Director of the Corporation, effective immediately. Mr. Ferron has held this position on the Board
of Directors since 2021. The Board of Directors and management of Fancamp thank Mr. Ferron
for his years of service , and the Corporation was fortunate to have benefited from Mr. Ferron’s
years of mining industry and capital markets expertise.
“We would like to thank Mr. Ferron for his exceptional service on our Board. The Corporation has
benefitted greatly from his contributions, dedication , and strategic leadership,” added Mr. Mark
Billings, Chairman of the Board of Fancamp.
The Corporation wishes him well in his other endeavours and will continue working with Mr. Ferron
as we jointly advance the Shining Tree Joint Venture in South Timmins with PTX Metals Inc., of
which Mr. Ferron is the President and CEO.
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 Com pany 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 Compa ny 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 Corporation, 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 Corporation can be found at: www.fancamp.ca
Forward-looking Statements
This news release contains certain “forward-looking statements” or “forward-looking information”
(collectively referred to herein as “forward -looking statements”) within the meaning of applicable
securities legislation. Such forward -looking statements incl ude, without limitation, forecasts,
estimates, expectations and objectives for future operations that are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the control of the Corporation.
Forward-looking statements are statements that are not historical facts and are generally, but not
always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”,
“projects”, “potential” and similar expressions, or are events or conditions that “wil l”, “would”,
“may”, “could” or “should” occur or be achieved. Although Fancamp believes that the material
factors, expectations and assumptions informing such forward-looking statements are reasonable
based on information available to it on the date such statements were made, no assurances can
be given as to future results of such statements. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause actual events to differ
materially from those anticipated in such forward-looking statements. Readers are cautioned that
the foregoing list of factors is not exhaustive. Statements including forward -looking statements
are made as of the date they are given and, except as required by applicable securities laws,
Fancamp disclaims any intention or obligation to publicly update or revise any forward -looking
statements, whether as a result of new information, future events or otherwise. The forward -
looking statements contained in this news release are expressly qual ified by this cautionary
statement.
For Further Information
Rajesh Sharma, President & Chief
Executive Officer
+1 (604) 434 8829
Debra Chapman, Chief
Financial Officer
+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.