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.

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Message: financing
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Re: financing (they do have at least $1 million+ that is accessible)

in response to
financing
by
juniorgoldman
posted on Dec 15, 2007 06:11AM

Fancamp Exploration Ltd. (TSX Venture Exchange - FNC): The Company wishes to report that it has received its share of the final payment due on the Johan Beetz Uranium property sold to Uracan Resources Ltd. The $500,000.00 will be added to the treasury for working capital purposes.

From interim financial statement

July 31 April 30

2007

Assets

Current

Cash and Cash Equivalents 142,886

Marketable Securities (Note 3) 206,327

Accounts Receivable 350,219

Sales Taxes Refundable 5,742

Accrued Mining Duty Receivable 39,085

Accrued Exploration Tax Credits Receivable 89,415

Prepaid Expenses 1,875

Total Current Assets 835,548

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