Fancamp postpones AGM.

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.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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Fancamp postpones AGM.

posted on Jun 21, 2021 04:54AM

ISS Recommends Fancamp Shareholders Vote FOR Management Slate

VANCOUVER, British Columbia, Jun 19, 2021--(BUSINESS WIRE)--Fancamp Exploration Ltd. ("Fancamp" or the "Corporation") (TSX Venture Exchange: FNC) today announced that the Special Committee of Directors (the "Special Committee") has postponed the Corporation’s annual general meeting ("AGM") 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. Peter H. Smith’s counsel. Mr. Smith’s counsel, weeks ago, had requested a number of changes in the conduct of the meeting that Fancamp had rejected. Mr. Smith waited for a month, until less than two weeks before the AGM, to bring the petition, making a fair hearing of the petition impossible. The only way to ensure a fair court hearing after this ambush was to postpone the meeting and the Special Committee has done so.

In spite of Mr. Smith’s unfair tactics, the Corporation is committed to holding the AGM as soon as possible.

Fancamp thanks shareholders for their ongoing and overwhelming support. Further information regarding the new AGM date will be provided to the market in due course.

ISS Recommends Fancamp Shareholders Vote FOR Management Slate

Institutional Shareholder Services ("ISS"), a leading independent proxy advisory firm, recommended in its June 17, 2021 report that Fancamp shareholders vote FOR all six of Fancamp’s exceptionally qualified and experienced director nominees. In the report, ISS also stated:

"The dissident has failed to make a compelling case … Moreover, the cumulative [Total Shareholder Return] of the company during the dissident's lengthy tenure as CEO and on the board does not seem to suggest that the company was following a … successful strategy…"

Advisors

Lavery, de Billy, L.L.P. and Goodmans LLP are serving as legal advisor to Fancamp. Harris & Company LLP is serving as litigation counsel to Fancamp. Kingsdale Advisors is acting as strategic shareholder and communications advisor to Fancamp. Koffman Kalef LLP is serving as legal advisor to the Special Committee.

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