Shares for Debt Transaction
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
SHARES FOR DEBT TRANSACTION
June 9, 2016 TSXV Trading Symbol: FNC
Fancamp Exploration Ltd. (“Fancamp”) has settled a total of $144,619.64 of debt owed to certain insiders of the Company, by the issuance of a total of 2,892,393 common shares at a deemed price of $0.05 per common share.
The common shares issued under the shares for debt transaction are subject to a four months hold period expiring October 8, 2016.
About Fancamp Exploration Ltd (www.fancampexplorationltd.ca)
Fancamp Exploration Ltd. is a Canadian junior mineral exploration company with an exceptional inventory of properties and related assets. Company policy over the years has been, and continues to be, to reduce risk by bringing in participating partners through sales or options. The resulting shares, cash payments and royalties have enabled the generation of income to continue the process and take advantage of opportunity.
For further information, please contact
Peter H. Smith – President, CEO and Chairman
+1 514 481 3172 [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.