Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: FANCAMP EXPLORATION LTD. ("FNC")BULLETIN TYPE: Property-Asset or Share Purchase AgreementBULLETIN DATE: February 23, 2018TSX Venture Tier 2 Company

Fancamp agreement for Brunswick North property

 

2018-02-23 18:05 ET - Property Agreement

 

The TSX Venture Exchange has accepted for filing an option agreement dated Feb. 14, 2018, between Fancamp Exploration Ltd., David O'Neil and Arthur Hamilton, whereby the company acquired the Brunswick North property located in the Bathurst camp in New Brunswick. Consideration, staged over a three-year period, is $35,000 cash, 500,000 shares and a minimum expenditure commitment of $7,150 to keep the claims in good standing. The vendor has been granted a 2-per-cent net smelter royalty (NSR), of which the company may repurchase 1 per cent of the NSR for $1-million, subject to further exchange review and acceptance.

 

© 2018 Canjex Publishing Ltd. All rights reserved.

Share
New Message
Please login to post a reply