Fancamp Exploration Ltd. today announced that the Special Committee of Directors has postponed the Corporation's annual general meeting and will advise shareholders of a specific new meeting date in due course. The AGM was originally scheduled for Tuesday, June 29, 2021. The postponement was made necessary by a last-minute petition filed by Mr [...]
Fancamp Exploration Ltd. today announced that further to its management information circular filed on June 2, 2021, it has released another important letter to shareholders as well as an accompanying FAQ on the transaction with ScoZinc Mining Ltd. The letter outlines Fancamp's action-oriented, three-pronged strategy for growth, and strongly [...]
Fancamp Exploration Ltd. today released the following open letter to Mr. Peter H. Smith's director nominees . To Messrs. James Hunter, Louis Doyle, Mark Fekete, Mathieu Stephens and Greg Ferron: Before shareholders cast their vote at the upcoming annual general meeting on Tuesday, June 25, 2021, Fancamp believes it is critical for shareholders to [...]
Fancamp Exploration Ltd. today announced that as part of its ongoing investigation into the conduct of Mr. Peter H. Smith, preliminary estimates indicate Fancamp and its shareholders have lost over $60 million to date, due to Mr. Smith's financial mismanagement and numerous other misconduct. While Mr. Smith continues to stonewall and refuses to [...]
Fancamp Exploration Ltd. today mailed a letter to shareholders and its Management Information Circular for its annual general meeting on Tuesday, June 29, 2021 at 1:00 p.m. EDT. The letter strongly recommends that shareholders vote only the GOLD proxy FOR all six of Fancamp's exceptionally qualified and experienced director nominees: Mark Billings [...]
Fancamp Exploration Ltd. today announced it will file an Application for a Safeguard Order with the Quebec Superior Court to obtain critical technical and financial information belonging to the Corporation from Mr. Peter H. Smith, a Director of Fancamp, and its former President and CEO. Fancamp also notes that Mr. Smith's May 25, 2021 press release [...]
Fancamp Exploration Ltd. today announced that pursuant to the plan of arrangement between Fancamp and ScoZinc Mining Ltd. , Fancamp and ScoZinc have executed a secured loan agreement of up to C$250,000, subject to regulatory approval, required to implement the business combination associated with the delayed closing date. The Fancamp loan is [...]
Fancamp Exploration Ltd. today announced that it has filed a civil claim in British Columbia Supreme Court against Mr. Peter H. Smith, a director of Fancamp and its former President and CEO. Fancamp commenced the Claim to remedy Mr. Smith's wrongdoing, including his: Unauthorized sale of Fancamp's assets, which caused a loss currently estimated at [...]
Fancamp Exploration Ltd. today announced that its special committee of directors, who are disinterested in the proposed business combination with ScoZinc Mining Ltd. and independent from Mr. Peter H. Smith, has formally launched a forensic investigation into numerous and apparent ongoing incidents of misconduct by Mr. Smith, a disgruntled director [...]
Fancamp Exploration Ltd. today announced that it has received conditional acceptance from the TSX Venture Exchange for the proposed business combination with ScoZinc Mining Ltd.. Final acceptance is subject to the completion of the 2020 annual general meeting, including the election of directors. The Exchange requires Fancamp to hold, and complete [...]
Fancamp Exploration Ltd. is pleased to provide updates on its exploration projects. As discussed on the January 19, 2021 and March 4, 2021 investor calls, the new management team of the Corporation recently completed a strategic review of its properties to reprioritize the project pipeline and develop its resource base through a systematic and [...]
Fancamp Exploration is pleased that ScoZinc Mining has received a final order from the BC Supreme Court approving its plan of arrangement with the Corporation. The combination of Fancamp and ScoZinc takes two significantly undervalued companies and creates a larger, stronger entity. Fancamp shareholders will emerge from this Transaction with a [...]
