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VANCOUVER, BRITISH COLUMBIA, Oct 28, 2009 (MARKETWIRE via COMTEX) --
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
Tags: acquisition exploration finance ontario president
Companies: Fancamp Exploration Ltd. (FNC), Fancamp Exploration Ltd. (FNCJF)
VANCOUVER, BRITISH COLUMBIA, Oct 06, 2009 (MARKETWIRE via COMTEX) --
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
Tags: exploration ontario president quebec
Companies: Fancamp Exploration Ltd. (FNC), Fancamp Exploration Ltd. (FNCJF)
VANCOUVER, BRITISH COLUMBIA, Aug 26, 2009 (MARKETWIRE via COMTEX) --
Fancamp Exploration Ltd. (TSX VENTURE: FNC): Fancamp Exploration Ltd. wishes to announce that the Company has arranged a new non-brokered financing of $155,000 through the sale of 206,667 flow-through units (the "FT Units") at $0.75 per Unit. Each FT Unit will consist 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 for a period of up to 2 years from the closing date, 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.
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, all in accordance with regulatory policies. The proceeds received will be used to further work on the Company's exploration properties in Ontario. 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
Tags: exploration ontario president
Companies: Fancamp Exploration Ltd. (FNC), Fancamp Exploration Ltd. (FNCJF)
TORONTO, ONTARIO, Sep 1, 2009 (Marketwire via COMTEX) --
CHAMPION MINERALS INC. ("Champion" or the "Company") (TSX VENTURE:CHM)(FRANKFURT:P02)(WKN:A0LF1C) is pleased to announce that the Company has executed a definitive option and joint venture agreement (the "Agreement") with Fancamp Exploration Ltd. and The Sheridan Platinum Group Ltd. (collectively, the "Vendors") in connection with 15 properties optioned pursuant to the Binding Option Agreement between the Vendors and the Company dated May 21, 2008 (refer to the Company's news release dated May 27, 2008), and the optioning of the Penguin Lake Iron Property and right of first refusal on the Lamellee Lake Iron Property, as announced by the Company on May 13, 2009. The terms of the Agreement were detailed in the Company's press releases dated May 13, 2009 and May 27, 2008.
About Champion Minerals Inc.
Champion is an exploration Company focused on discovering and developing significant metal resources in eastern Canada, particularly in Newfoundland and Labrador and Quebec. The Company's projects include the Attikamagen Iron Property, located in western Labrador and northeastern Quebec, the Fermont Iron Property in northeastern Quebec and the Powderhorn and Gullbridge Base Metal Projects located in central Newfoundland.
Statements in this release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking statements.
SOURCE: Champion Minerals Inc.
Champion Minerals Inc. Thomas G. Larsen President and CEO (416) 866-2200 Champion Minerals Inc. Jorge Estepa Vice-President (416) 866-2200
Tags: canada exploration frankfurt joint venture newfoundland platinum property quebec
Companies: Champion Minerals Inc (CHM), Champion Minerals Inc (CPMNF), Fancamp Exploration Ltd. (FNCJF)
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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 controls under option from Fancamp Exploration Limited and Sheridan Platinum Group Limited a land package of approximately 300km2 in 16 strategic claim blocks in 3 ...
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 ...
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