FANCAMP EXPLORATION LTD. ("FNC")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: December 29, 2010
TSX Venture Tier 2 Company


TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced December 7, 2010:


First Tranche:


Number of Shares: 4,362,647 flow-through shares
600,000 non flow-through shares


Purchase Price: $0.65 per flow-through share
$0.52 per non flow-through share


Warrants: 2,481,323 share purchase warrants to purchase
2,481,323 shares


Warrant Exercise Price: $0.90 for an eighteen-month period


Number of Placees: 42 placees


Insider / Pro Group Participation:


Insider=Y /
Name ProGroup=P / # of Shares


David Jones P 15,000 FT
Alberto Galeone P 120,000 FT
Peter H. Smith Y 70,000 FT


Agents' Fees: $110,170.22 cash and 173,693 Options payable
to Secutor Capital Management Corporation
$110,170.22 cash and 173,693 Options payable
to Industrial Alliance Securities Inc.
- Agent's Options are exercisable at $0.52 per
unit and the units are under the same terms as
those to be issued pursuant to the private
placement.


Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must
issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. Note
that in certain circumstances the Exchange may later extend the expiry date
of the warrants, if they are less than the maximum permitted term.