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Fancamp Grants Options

Share Capital & Compensation

FANCAMP EXPLORATION LTD.

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

Telephone: 604-434-8829 Facsimile: 604-434-8823

Web site: www.fancampexplorationltd.ca

NEWS RELEASE

January 15, 2018 TSX Trading Symbol: FNC

S.E.C. Exemption: 12(g)3-2(b)

FANCAMP GRANTS OPTIONS

Fancamp Exploration Ltd. (“Fancamp” or the “Company”) (TSX VENTURE:FNC) has granted incentive

stock options to its directors and officers, for the purchase of up to 9,200,000 common shares in its capital

stock, at a price of $0.15 per share, exercisable on or before January 15, 2023 . The options are granted

pursuant to the Company’s Stock Option Plan, under which a maximum of ten percent (10%) of the issued

and outstanding common shares are reserved for issuance. Shares issuable upon exercise of the incentive

stock options are subject to a 4 month hold period, commencing on the date the incentive stock options are

granted.

About Fancamp Exploration Ltd (www.fancampexplorationltd.ca)

Fancamp’s focus is on grassroots mineral exploration; adding value through prospecting, geophysics and

drilling, and managing risk through sales and property option agreements. The Company has an exceptional

inventory of resource properties in Québec, Ontario and New Brunswick; commodities of interest include

gold, base metals, chromium, titanium, iron and silica. The company also continues to evolve into a holder

of shares in partner companies together with royalties. The Company is a reporting issuer in British

Columbia, Ontario and Québec and its common shares are listed for trading on the TSX Venture Exchange

under the symbol FNC.

For further information, please contact

Peter H. Smith PhD., P.Eng.– President 1-514-481-3172

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.