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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. It 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, Riley Brook 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 Maxmoeon Nov 24, 2023 12:56pm
119 Views
Post# 35751792

RE:Arrogance

RE:Arrogance

According to my calendar, the last annual meeting was October 31, 2022. According to my reading of the bcca, and I may need to be corrected, the company is required to hold an annual meeting EVERY calendar year AND no later than 15 months since the last annual meeting. Because 15 months would go to January 31,2024 the deadline becomes December 31,2023. So ......Arrogance and Absurdity and Mockery aside, we haven't seen the deadline yet and it's not clear to me what remedy there is and how exactly a meeting can be "forced". Pass the gravy. The company purposefully or inadvertently due to incompetence, may be offside with the deadline now depending on what the time restriction is regarding notice of the annual meeting. Is it 10 days, 30 days, 60 days? If it's 60 days, they're offside. If it's 30 days, they have a week to file/send notice .... etc.
Look it up for yourselves, correct me if I'm wrong, and fill in the blanks please.
Still waiting on that gravy! 

 

 1) 

Subject to subsections (2) to (5), a company must hold an annual general meeting,

(a)for the first time, not more than 18 months after the date on which it was recognized, and

(b)after its first annual reference date, at least once in each calendar year and not more than 15 months after the annual reference date for the preceding calendar year.

 
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