VANCOUVER, Dec 22, 2014 - Fancamp Exploration Ltd. (TSX VENTURE:FNC) ("Fancamp" or the "Company") has granted incentive stock options to its directors, officers and/or service providers, for the purchase of up to 1,225,000 common shares in its capital stock, at a price of $0.10 per share, exercisable on or before December 22, 2019. The options are granted pursuant to the Company's Stock Option Plan, under which a maximum of ten percent (10%) 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 hold period, commencing on the date the incentive stock options are granted.
About Fancamp Exploration Ltd (www.fancampexplorationltd.ca)
Fancamp Exploration Ltd. is a Canadian junior mineral exploration company that continues to evolve into a holder of shares in partner companies together with royalties. These assets enable the Company to generate free cash flow without further shareholder dilution. The Company has an exceptional inventory of resource projects at various stages of development in three provinces. The commodities include gold, base metals, chromium, titanium and iron.
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.
S.E.C. Exemption: 12(g)3-2(b)
Contact
Peter H. Smith PhD., P.Eng., President 1-514-481-3172 phsmith@outlook.com
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VANCOUVER, Dec 22, 2014 - Fancamp Exploration Ltd. (TSX VENTURE:FNC) ("Fancamp" or the "Company") has granted incentive stock options to its directors, officers and/or service providers, for the purchase of up to 1,225,000 common shares in its capital stock, at a price of $0.10 per share, exercisable on or before December 22, 2019. The options are granted pursuant to the Company's Stock Option Plan, under which a maximum of ten percent (10%) 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 hold period, commencing on the date the incentive stock options are granted.
