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.
Message: Fancamp Grants Options
Fancamp Exploration Ltd.
TSX VENTURE : FNC
May 25, 2011 10:58 ET
Fancamp Grants Options
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2011) -Fancamp Exploration Ltd. (TSX VENTURE:FNC): Fancamp Exploration Ltd. ("the Company") wishes to announce that it is granting incentive stock options to director(s) for the purchase of up to 1,950,000 common shares in its capital stock, at a price of $0.75 per share, exercisable on or before May 25, 2016. The options were granted pursuant to the Company's incentive stock option plan, under which a maximum of 10 percent of the issued and outstanding common shares are reserved for issuance. Shares issuable upon exercise of the incentive stock options are subject to a 4 month TSX Venture Exchange hold period, commencing on the date the incentive stock options are granted.
ON BEHALF OF THE BOARD
Peter H. Smith, PhD., P.Eng., President
S.E.C. Exemption: 12(g)3-2(b)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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