Fancamp settles litigation with former director by issuing shares at $0.07 each.

From GlobeNewswire: 2025-05-09 16:01:00

Fancamp Exploration Ltd. has reached a settlement agreement with a former director to resolve litigation proceedings in Ontario and British Columbia. The Former Director will receive 1,428,572 common shares of the Corporation at $0.07 per share as part of the settlement. The issuance of shares is subject to TSX Venture Exchange approval and will be subject to a statutory hold period. Fancamp focuses on mineral exploration in Canada and has interests in various mineral projects, including copper, gold, titanium, and rare-earth metals. The Corporation is managed by a leadership team with extensive mining and exploration experience.



Read more at GlobeNewswire: Fancamp Announces Litigation Settlement and Shares for Debt