Fancamp Closes Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2010) - Fancamp Exploration Ltd. (TSX VENTURE:FNC) (the "Company") wishes to announce the closing of a non-brokered private placement of $200,000 through the sale of 360,000 flow-through units (the "FT Units") at $0.50 per FT Unit and 40,000 units (the "Units") at $0.50 per Unit. Each FT Unit consists of one flow-through common share, and one-half of one non-flow-through share purchase warrant (the "Warrants"). Each Unit consists of one common share, and one-half of one non-flow-through share purchase warrant (the "Warrants"). Each whole Warrant is exercisable into one common share at a price of $0.75 per share until June 15, 2012, subject to earlier forced acceleration in the event the Company's shares close at a price of $1.00 per share or more for 30 consecutive trading days after the four month hold expires. The shares are subject to a four month hold period expiring October 16, 2010.

The funds will be used to further exploration of the Company's properties in the recently acquired Stoke Mountain and Clinton base metal-gold prospects in Quebec's Appalachian Mountain trend.

ON BEHALF OF THE BOARD

Peter H. Smith, PhD., P.Eng., President

S.E.C. Exemption: 12(g)3-2(b)

You would of thought that they would have at least mentioned the ROF????