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Minen Minen Fancamp Exploration Ltd.Nachrichten

Fancamp Exploration Ltd.

Branche:

Bergbau

Heimatland:

Kanada

Hauptrohstoff:

Gold

Aktiengattung:

Originalaktie

WKN / ISIN:

157756 / CA30710P1027

Art:

Minengesellschaft

Rohstoffe:

Au AgPtPdCu NiZnFe Ti

Projekte in:

Report of Acquisition of Common Shares of Fancamp Exploration Ltd.

Mr. Ashwath Mehra reports that ASTOR Management AG, a company that he controls, purchased today 22,000,000 common shares of Fancamp Exploration Ltd. through the TSX Venture Exchange at $0.11 per share for total consideration paid of $2,420,000. Immediately prior to the purchase of the Common Shares, Mr. Mehra had beneficial ownership and control of 2,750,000 Common Shares, representing 1.6% of the outstanding Common [...]

weiterlesen

16.07.2021

von GlobeNewswire
Fancamp Announces Extension for the Arrangement with ScoZinc Mining Ltd.

Fancamp Exploration Ltd. is pleased to announce that an addendum was entered into between the Corporation and ScoZinc Mining Ltd. , in order to amend and supplement the arrangement agreement entered into among the parties on February 12, 2021 , whereby Fancamp will indirectly acquire all of the issued and outstanding securities of ScoZinc by way of a plan of arrangement under the Business Corporations Act . Pursuant to [...]

weiterlesen

14.07.2021

von Business Wire
Fancamp Announces Closing of Royalty Purchase Agreement with Champion Iron Limited

Fancamp Exploration Ltd. is pleased to announce that it has closed the Royalty Purchase Agreement with Champion Iron Mines Limited , a wholly owned subsidiary of Champion Iron Limited , as previously announced , relating to the sale to Champion of certain iron ore royalties as well as the exploration property known as Lac Lamêlée . The Corporation received cash consideration of $1.3 million at closing and is entitled to [...]

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13.07.2021

von Business Wire
Fancamp Signs Royalty Purchase Agreement with Champion Iron Limited

Fancamp Exploration Ltd. is pleased to announce that it has entered into a royalty purchase agreement with Champion Iron Mines Limited , a wholly owned subsidiary of Champion Iron Ltd. , whereby the Corporation will sell to Champion certain iron ore royalties as well as the exploration property known as Lac Lamêlée. The Agreement provides that, in consideration of a $1.3 million payment in cash at closing, plus certain [...]

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08.07.2021

von Business Wire
Fancamp Announces Postponement of Annual General Meeting to Accommodate Court Application of Peter H. Smith’s Counsel to Have Certain Matters Heard Before Shareholders Vote

Fancamp Exploration Ltd. today announced that the Special Committee of Directors has postponed the Corporation's annual general meeting and will advise shareholders of a specific new meeting date in due course. The AGM was originally scheduled for Tuesday, June 29, 2021. The postponement was made necessary by a last-minute petition filed by Mr. Peter H. Smith's counsel. Mr. Smith's counsel, weeks ago, had requested a [...]

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20.06.2021

von Business Wire
Fancamp Releases Letter to Shareholders Outlining Plan for Growth and FAQ Regarding Significant Benefits of ScoZinc Transaction

Fancamp Exploration Ltd. today announced that further to its management information circular filed on June 2, 2021, it has released another important letter to shareholders as well as an accompanying FAQ on the transaction with ScoZinc Mining Ltd. The letter outlines Fancamp's action-oriented, three-pronged strategy for growth, and strongly recommends that shareholders vote only the GOLD proxy FOR all six of Fancamp's [...]

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16.06.2021

von Business Wire
Fancamp to Activist Nominees: Will You Defend Shareholders or Excuse Peter H. Smith’s $60 Million in Wasted Money?

Fancamp Exploration Ltd. today released the following open letter to Mr. Peter H. Smith's director nominees . To Messrs. James Hunter, Louis Doyle, Mark Fekete, Mathieu Stephens and Greg Ferron: Before shareholders cast their vote at the upcoming annual general meeting on Tuesday, June 25, 2021, Fancamp believes it is critical for shareholders to know where you stand. We had previously written to your lawyers asking for [...]

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15.06.2021

von Business Wire
Activist Peter H. Smith Sticks Fancamp Shareholders with Over $60 Million Bill

Fancamp Exploration Ltd. today announced that as part of its ongoing investigation into the conduct of Mr. Peter H. Smith, preliminary estimates indicate Fancamp and its shareholders have lost over $60 million to date, due to Mr. Smith's financial mismanagement and numerous other misconduct. While Mr. Smith continues to stonewall and refuses to produce important information in his possession that belongs to the [...]

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14.06.2021

von Business Wire
Fancamp Files Letter to Shareholders and AGM Notice and Information Circular; Highlights Plans for Growth and Value Creation

Fancamp Exploration Ltd. today mailed a letter to shareholders and its Management Information Circular for its annual general meeting on Tuesday, June 29, 2021 at 1:00 p.m. EDT. The letter strongly recommends that shareholders vote only the GOLD proxy FOR all six of Fancamp's exceptionally qualified and experienced director nominees: Mark Billings, Rajesh Sharma, Ashwath Mehra, Paul Ankcorn, Charles Tarnocai and Dean [...]

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02.06.2021

von Business Wire
Fancamp to File Motion to Obtain Critical Company Information from Mr. Peter H. Smith; Requests Transparency from Activist Nominees

Fancamp Exploration Ltd. today announced it will file an Application for a Safeguard Order with the Quebec Superior Court to obtain critical technical and financial information belonging to the Corporation from Mr. Peter H. Smith, a Director of Fancamp, and its former President and CEO. Fancamp also notes that Mr. Smith's May 25, 2021 press release is full of rhetoric and contains little substance. Mr. Smith's argument is [...]

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26.05.2021

von Business Wire
Fancamp Executes Loan Agreement with ScoZinc

Fancamp Exploration Ltd. today announced that pursuant to the plan of arrangement between Fancamp and ScoZinc Mining Ltd. , Fancamp and ScoZinc have executed a secured loan agreement of up to C$250,000, subject to regulatory approval, required to implement the business combination associated with the delayed closing date. The Fancamp loan is secured by all present and after acquired personal property of ScoZinc and its [...]

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19.05.2021

von Business Wire
Fancamp Exploration Ltd. Files Civil Claim Against Mr. Peter H. Smith

Fancamp Exploration Ltd. today announced that it has filed a civil claim in British Columbia Supreme Court against Mr. Peter H. Smith, a director of Fancamp and its former President and CEO. Fancamp commenced the Claim to remedy Mr. Smith's wrongdoing, including his: Unauthorized sale of Fancamp's assets, which caused a loss currently estimated at over $3.1 million; Undisclosed transfer of Fancamp's assets to himself and [...]

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14.05.2021

von Business Wire

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