Fancamp Update on Corporate Matters
March 10 2021 - 7:20PM
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 StatementsThis
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 exhaustive. 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
8829info@fancamp.onmicrosoft.com |
Debra Chapman, Chief Financial Officer +1 (604)
434 8829info@fancamp.onmicrosoft.com |
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.
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