Private Placement ScandalWho enabled this Scheme ?<br /> It all started with an AGM extension Granted in Secret on or about Oct 15 2023 the Company was not current with its Filings so Why was this Granted ? .The Company is supposed to have Continuous Disclosure yet nothing to this Date has been Posted about this Extension .Why the Secret ? Why was this extension Granted ?
Why was this Private Placement even Needed ? Fancamp is well Funded as it has been Funding all these Private and Conflicted Companies with Millions of Shareholders $$ Funds.The Only Obvious reason was to hand Control of the Company to Badly Conflicted Insider Board Members and Prevent their Defeat at an AGM. Note not One Cent went to Shateholders as a Dividend after Selling Millions of Champion Shares . The only Basic Right a shareholder has is;to hold a BOD accooutable is at the AGM this has been Delayed and so far denied and there is no way this Private Placement should Proceed before the Shareholders on t Prior to Dec 21 2023 have dealt with this matter at an AGM . The BCSC and the TSX.V needs to stand up for shareholders and Their Own Integrity when Shareholders can finally expect a Dividend that it is only snatched away by a Self Serving Board that has conducted a number of Sleasy Conflicted Deals in the BOD own Private Companies and Companies where 3 board members are also major shareholders as well as being Board Members in a Company receiving Millions from Fancamp. Who has spent millions of Shareholders $$$ on Slandering the former CEO Peter Smith accusing him of "Treating the Company like his own Personal Piggybank "; exactly what they themselves have done.The Champion Shares were a Result of Peters Smiths Actions . It gets worse s Board Member carving out a Major Gold Claim and Receiving funds from Fancamp for a Joint venture ??? And a Transfer into his own personal Company but Shareholders are not allowed to vote on this ? So Far they were not allowed to hold him accuntable at an AGM before this Obscene Private Placement was completed but not yet approved. The Shareholders have had their Rights Denied thus Far and we Demand an AGM to hold this badly Conflicted Board accountable before this Obscene Transaction is Approved .
If this Private Placement is allowed to proceed what message does this give any Investor in a TSX.V Company ? Does it mean that they should never expect a return on their Investment as a Conflicted Board can just Snatch away any Profits and assets for themselves and their Buddies ? This Situation is Compounded by the Fact that there has been No proper Promotion of the Company resulting in the Share Price Trading at a Fraction of its True Value its even below the Value of the Champion Stock No Value for the Ring of Fire asset is Reflected , but for a Flooded Mothballed EDM mine lots of Slick Videos produced with Fancamp Funds.Notice EDM Trades higher than Fancamp a Flooded Closed Mothballed Mine ?
The reasons appear obvious keep it on the Down Low to let the Price fall to half of what most Current Shsreholders Paid in the Public Market and for a Private Placement at a huge Discount with No Fairness Opinion ?? This is Obscene I am counting on the TSX.V and the BCSC to deny this Private Placement and Demand that Shareholders on record prior to Dec 21, 2023 get to hold thrse Badly Conflicted Board members accountable at an AGM .to be held ASAP ...The Shareholders are Never Wrong so let them Deal with this Matter at an AGM !