Fancamp Exploration Ltd V.FNC

Alternate Symbol(s): FNCJF

Metals & Mining Industrial Metals & Minerals

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.

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Fancamp Exploration Ltd > KWG Loan Agreement

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Post by FromSudburyon Jan 09, 2024 2:34pm

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Post# 35817908

KWG Loan Agreement

From my perspective, there are two possible outcomes:

1) KWG gets aquired by Wyloo or BHP and Fancamp realizes the full amount of the loan in cash of $34.5 million plus accured interest, along with gains with respect to warrents.

Or

2) KWG doesn't get aquired before the maturity date (or extended maturity date) of the loan and Fancamp ends up with controlling interest of KWG.

Do others agree or disagree?

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