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Fancamp Exploration Ltd V.FNC

Alternate Symbol(s):  FNCJF

Fancamp Exploration Ltd. is a Canadian mineral exploration company. The Company is focused on strategic interests in its high potential mineral projects, royalty portfolio and mineral properties. The Company is focused on an advanced asset play with a portfolio of mineral claims across Ontario and Quebec, Canada, including copper, gold, zinc, titanium, chromium, strategic rare-earth metals, and others. The Company has investments in an existing iron ore operation in the Quebec-Labrador Trough, a rare earth elements company, NeoTerrex Minerals Inc., in addition to an investment in a zinc mine in Nova Scotia. It is developing an energy reduction and titanium waste recycling technology with its advanced titanium extraction strategy. Its properties include Clinton Property, Stoke Property, DiLeo Property, Grasset Property, Gaspe Bay Group Property (including Boisbuisson and St. Marguerite), and other properties. The Clinton Property is located in the Appalachian region.


TSXV:FNC - Post by User

Comment by Aallyyon Oct 18, 2023 9:21am
61 Views
Post# 35688707

RE:RE:RE:RE:So when does an outside investigation begin and who does it?

RE:RE:RE:RE:So when does an outside investigation begin and who does it?Thanks for the info and analysis. It would truly appear  the only way forward is to make application to the court to force an AGM.  This costs the shareholder applicant in legal fees and is onerous on the shareholder who comes forward.

There is the B.C. Registrar of companies which requires the company meet certain standards. ( Unfortunately though, one of the main reasons the proxy of 21 was lost by the green side was due to the prolongation of the AGM date due to the excuse of Covid 19, used more than once. Meanwhile other similar companies were able to complete theirs using internet technology!)  They will still have to comply with the Registrar and if they delay the AGM again, will be closely watched.

Going back to the present robust audit process, how long would the auditors continue to stand and say nothing? 

It is so sad....that this once great junior has deteriorated into this shambles.



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