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Bullboard - Stock Discussion Forum 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... see more

TSXV:FNC - Post Discussion

Fancamp Exploration Ltd > Are there two sets of shares?
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Post by StockscoutX on Jan 17, 2024 9:59am

Are there two sets of shares?

From all looks of it. The BOD are making decisions without any restrictions and approval of shareholders. Am I to believe that there are two sets of shares? One for voting and the other don't? Is there something we don't know about that was slipped under the noses of retailers shareholders without being informed and voted on a while back which gives unrestricted decision making for FNC? IMO.
Comment by Aallyy on Jan 17, 2024 9:53pm
There are many questions to be asked of this company's management. How they feel or think they can try to dilute shareholders by 37%, without shareholder approval of a private non brokered placement, is beyond good moral governance. Especially in light of a  deliberately delayed AGM. The largest shareholder Ashwath Mehra is a director residing in  Switzerland with a monied reputation ...more  
Comment by Landhunter on Jan 18, 2024 12:15am
There are clearly 2 sets of shateholders insiders and outsiders .Insiders clearly are interested in their own conflicted deals  passing off insider deals as normal business dividing up shareholders cash and assets  in their own private companies or ones they are also on the boards of are major sharholders in.. The Conflicted Boatd accused Peter Smith of doing exectly what they are doing  ...more  
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