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Fancamp Exploration Limited


 

Fancamp Grants Stock Options - Zibb.com

Fancamp Exploration Ltd. (TSX VENTURE: FNC): Fancamp Exploration Ltd. (the "Company") wishes to announce that it is granting incentive stock options to directors and consultants for the purchase up to a total of 800,000 common shares in its capital stock, at a price of $0.50 per share, exercisable on or before November 20, 2014. The options were granted pursuant to the Company's incentive stock option plan, under which a maximum of 10 percent 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 TSX Venture Exchange hold period, commencing on the date the incentive stock options are granted.

ON BEHALF OF THE BOARD

Peter H. Smith, PhD., P.Eng., President

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

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172
www.fancampexplorationltd.ca


SOURCE: Fancamp Exploration Ltd.

http://www.fancampexplorationltd.ca

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Tags: exercise   exploration   grants   president   stock option  

Companies: Fancamp Exploration Ltd. (FNC), Fancamp Exploration Ltd. (FNCJF)

 

Fancamp Closes Flow-Through Financing With MineralFields Group; Further Drilling Planned at

Fancamp Exploration Ltd. (TSX VENTURE:FNC): Fancamp Exploration Ltd. (the "Company") wishes to announce the closing of a non-brokered private placement of $1,500,000 through the sale of 3,000,000 flow-through units (the "FT Units") at $0.50 per FT Unit to MineralFields Group. Each FT Unit consists of one flow-through common share, and one-half of one non flow-through share purchase warrant (the "Warrants"). Each whole Warrant is exercisable into one common share at a price of $0.75 per share for two years from the closing date, subject to earlier forced acceleration in the event the Company's shares close at a price of $1.00 per share or more for 30 consecutive trading days after the four month hold expires. The flow-through shares are subject to a four month hold period expiring March 7, 2010. Finder's fees have been paid to Pope & Company Limited and Limited Market Dealer Inc.

The funds will be used to further test the known C1 and C6 nickel/PGM targets at McFauld's Lake. Drilling will be preceded by downhole directional surveys and geophysics on previous holes, where possible. The C1 target is, of course, of particular interest as it is part of the Eagle 1 Intrusive Complex and exhibits evidence of similar massive sulphide mineralization.

About MineralFields, Pathway and First Canadian Securities(R)

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities(R) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities(R).

ON BEHALF OF THE BOARD

"Peter H. Smith", PhD., P.Eng., President

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

SOURCE: Fancamp Exploration Ltd.

Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172
www.fancampexplorationltd.ca

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Tags: calgary   canada   consulting   corporate   dealer   dollar   exploration   investment banking   market   mergers and acquisitions   mining   mutual funds   nickel   oil and gas   president   Private Placement   products   securities   tax   toronto   vancouver  

Companies: Fancamp Exploration Ltd. (FNC), Fancamp Exploration Ltd. (FNCJF)

 

Fancamp Announces Flow-Through Financing - Zibb.com

Fancamp Exploration Ltd. (TSX VENTURE: FNC): Fancamp Exploration Ltd. (the "Company") wishes to announce a new financing of $1,500,000 through the sale of 3,000,000 flow-through units (the "FT Units") at $0.50 per FT Unit. Each FT Unit will consist of one flow-through common share, and one-half of one non flow-through share purchase warrant (the "Warrants"). Each whole Warrant will be exercisable to acquire one additional common share at a price of $0.75 per share for two years from the closing date, subject to earlier forced acceleration in the event the Company's shares close at a price of $1.00 per share or more for 30 consecutive trading days after the four month hold expires.

The Company will pay finder's fees of 8% in cash and 10% in options for non flow-through units (the "NFT Units") at $0.50 per NFT Unit to eligible arm's length finders in relation to this financing, all in accordance with regulatory policies. The NFT Units will consist of one common share and one-half of one Warrant. The flow-through proceeds received will be used for work on the Company's exploration properties in Ontario. The above is subject to regulatory approval.

ON BEHALF OF THE BOARD

Peter H. Smith, PhD., P.Eng., President

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

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts:
Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172

Pope & Company Limited
James Doyle
Head of International Mining Finance
(416) 593-5546
jd@popecompany.com
www.fancampexplorationltd.ca


SOURCE: Fancamp Exploration Ltd.

mailto:jd@popecompany.com
http://www.fancampexplorationltd.ca

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Tags: acquisition   exploration   finance   ontario   president  

Companies: Fancamp Exploration Ltd. (FNC), Fancamp Exploration Ltd. (FNCJF)

 

Fancamp Announces Close of Flow Through Financing - Zibb.com

Fancamp Exploration Ltd. (TSX VENTURE: FNC) wishes to announce the closing a non-brokered financing of $155,750 through the sale of 207,667 flow-through units (the "FT Units") at $0.75 per Unit. Each FT Unit consists of one common share and one-half of one common share purchase warrant (the "Warrants"). Each whole Warrant will be exercisable into common shares at a price of $0.90 per share until October 2, 2011, subject to forced acceleration in the event the Company's shares close at a price of $1.00 per share for 30 consecutive trading days after the four month hold expires. All shares issued are subject to a four month hold period expiring on February 2, 2010.

A finder's fee of 8% in cash and 10% in options for non flow through units at $0.75 per unit will be paid to eligible finders in relation to this financing. The proceeds received will be used to further work on the Company's exploration properties in Ontario and Quebec. The above is subject to regulatory approval.

ON BEHALF OF THE BOARD

Peter H. Smith, Ph.D., P.Eng., President

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

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Fancamp Exploration Ltd.
Peter H. Smith, Ph.D., P.Eng.
President
514-481-3172
www.fancampexplorationltd.ca


SOURCE: Fancamp Exploration Ltd.

http://www.fancampexplorationltd.ca

Read more...

Tags: exploration   ontario   president   quebec  

Companies: Fancamp Exploration Ltd. (FNC), Fancamp Exploration Ltd. (FNCJF)

 

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Fancamp Exploration Limited - FNC BC CAN

The Companyâ s prime focii were its large gold landholding in the Clarence Stream area of Southeastern New Brunswick, and an earn in on a titanium prospect in Quebec.

http://www.intierra.com/html/companies/Fancamp%20Exploration%20Limited.htm

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Champion Minerals acquires Penguin Lake property

steelguru.com

... Minerals acquires Penguin Lake property Saturday, 16 May, 2009 Champian Minerals Inc announced that the optioning of the Penguin Lake Iron Property from Fancamp Exploration Limited ...

http://steelguru.com/sfTCPDF/getPDF/OTQ2MTk%3D/Champion_Minerals_acquires_Penguin_Lake_property.html

Steel Guru : Champion Minerals acquires Penguin Lake property

www.steelguru.com

Champian Minerals Inc announced that the optioning of the Penguin Lake Iron Property from Fancamp Exploration Limited and Sheridan Platinum Group Limited. The 39 claim / 20.67 ...

http://www.steelguru.com/news/index/2009/05/16/OTQ2MTk%3D/Champion_Minerals_acquires_Penguin_Lake_property.html

National Instrument 54-101 and Companion Policy 54-101CP

www.msc.gov.mb.ca

Fancamp Exploration Limited dated November 1, 2000 57. First Au Strategies Corp. dated November 1, 2000 58. Foxpoint Resources Ltd. dated October 13, 25 and November 1, 2000 59.

http://www.msc.gov.mb.ca/legal_docs/legislation/notices/54_101appa.pdf