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 [...]
Fancamp Exploration Ltd. today announced the appointment of François Auclair as Vice President of Exploration. Mr. Auclair is a professional geologist with over 25 years of experience, both in Canada and globally, and has a proven track record of developing and advancing exploration projects towards mining projects. He has held numerous senior and [...]
Fancamp Exploration Ltd. is once again disappointed that activist Mr. Peter H. Smith, a disgruntled director and former president and CEO of Fancamp, whose consulting agreement was recently terminated for cause, has continued to breach his fiduciary duty to Fancamp and exposed the Corporation to unnecessary legal risk for damages. Mr. Peter H [...]
Fancamp Exploration Ltd. today announced that the Board of Directors has terminated the consulting agreement between Fancamp and Mr. Peter H. Smith for cause effective immediately. The Board has also requested that Mr. Smith resign from his role as director promptly. The Board has provided Mr. Smith with multiple opportunities to act in a proper [...]
In response to feedback from shareholders, Fancamp Exploration Ltd. is pleased to provide answers to some of the most frequently asked questions about the proposed business combination with ScoZinc Mining Ltd. . Q1: How does Fancamp benefit from the business combination with ScoZinc? A: The combination of Fancamp and ScoZinc takes two significantly [...]
Fancamp Exploration Ltd. today sets the record straight and corrects the misleading and baseless statements made by Mr. Peter H. Smith, a disgruntled director of Fancamp, and his associates . The proxy fight that Mr. Smith, former President and Chief Executive Offer, has initiated has nothing to do with the proposed business combination with [...]
