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Fancamp Provides Corporate Update

Corporate Updates

FANCAMP EXPLORATION LTD.

7290 Gray Avenue, Burnaby, British Columbia, V5J 3Z2

Telephone: 604-434-8829 | Website: www.fancamp.ca

News Release

July 30, 2021 TSX-V Trading Symbol: FNC

Fancamp Provides Corporate Update

VANCOUVER, British Columbia – Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX

Venture Exchange: FNC) provides the following corporate update. On July 15 and 16, 2021, the Supreme

Court (British Columbia) heard Mr. Peter Smith’s application for an order that the annual general meeting

(“AGM”) of the Company be held on July 26, 2021, and for other relief. The judge dismissed the

application for an order that the AGM be held on July 26, 2021 and reserved judgment on all other issues

for two weeks. The Company was granted an extension by the BC Registry of Companies of the time

within which to hold its AGM until December 30, 2021.

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 me tals,

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. It has recently announced the acquisition of ScoZinc, a Canadian

exploration and mining corporation that has full ownership of the Scotia Mine and related facilities near

Halifax, Nova Scotia, as well as several prospective exploration licenses in surrounding regions. T he

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

[email protected]

Debra Chapman, Chief Financial Officer

+1 (604) 434 8829

[email protected]

Media Contact

Hyunjoo Kim

Director, Communication, Marketing & Digital Strategy

Kingsdale Advisors

Phone: 416-867-2357

Cell: 416-899-6463

Email: [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.