Fancamp Update ON Corporate Matters
FANCAMP EXPLORATION LTD.
7290 Gray Avenue, Burnaby, British Columbia, V5J 3Z2
Telephone: 604-434-8829 Facsimile: 604-434-8823 Website:
www.fancampexplorationltd.ca
NEWS RELEASE
March 10, 2021 TSX-V Trading Symbol: FNC
FANCAMP UPDATE ON CORPORATE MATTERS
Fancamp Exploration Ltd. (“ Fancamp” or the “ Corporation”) (TSX-V: FNC) wishes to
update the market regarding its 2020 annual general meeting (the “AGM”).
On November 20, 2020, the Corporation issued a press release (the “Press Release”) to
inform the market that due to the implications and constraints associated with the
COVID-19 pandemic, Fancamp received an extension from the B.C. Registries and Online
Services to hold its AGM for the year 2020 by six (6) months from December 31, 2020 to
June 30, 2021.
At the time of the Press Release, Fancamp expected to hold its AGM during the first
quarter of 2021 . However, due to the ongoing impacts of the COVID-19 pandemic, as
well as the extraordinary time and concerted efforts required by the new management
of the Corporation to conduct its business review, including the comprehensive technical
review of all of the properties of the Corporation , it has recently become clear to the
Corporation that it will have to hold its AGM in the second quarter of 2021.
Fancamp is eager to move forward with the AGM in a timely fashion. Consistent with
the extension provided, Fancamp intends to set a date for its AGM which will allow
sufficient time to prepare the required information circular and to communicate
effectively with shareholders on all material matters. Fancamp will file a notice of
meeting and record date on the Corporation’s website and under the Corporation’s
SEDAR profile at www.sedar.com in due course.
About Fancamp Exploration Ltd (TSX-V: FNC)
Fancamp is a public company using a value -added strategy based on the acquisition of
mineral properties and advancing them through exploration and development work.
Fancamp has numerous mineral resource properties in Québec, Ontario and New
Brunswick. The commodities of interest include gold, rare earth elements, strategic
metals, base metals, chromium, titanium, iron and silica. In addition, Fancamp has
begun to build on the industrial possibilities inherent in dealing with some of these
materials, notable being development of Titanium technology strategy. Fancamp is a
reporting Corporation in British Colombia, Alberta, Ontario and Québec and its common
shares are listed and posted for trading on the TSX Venture Exchange under the symbol
FNC.
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
include, 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 “will”, “would”, “may”, “could” or “should” occur or be achieved. This
news release contains forward-looking statements, pertaining to, among other things,
Fancamp’s expectations on the holding of the AGM and filing of documents .
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 exhaus tive. 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 qualified by this cautionary statement.
For further information, please contact
Rajesh Sharma, Interim CEO
+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.