HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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luker

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Fancamp Withdraws Financing

posted on May 21, 2010 03:25PM

Fancamp Exploration Ltd.

TSX VENTURE: FNC

May 21, 2010 14:56 ET

Fancamp Withdraws Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 21, 2010) - Fancamp Exploration Ltd. (TSX VENTURE:FNC): Fancamp Exploration Ltd. (the "Company") wishes to announce that, due to current market conditions, it will not be proceeding at this time with the financing announced on April 12, 2010. The Company appreciates the efforts of Pope & Company and looks forward to their continued support and guidance in these matters.

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.

For more information, please contact

Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172
www.fancampexplorationltd.ca