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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 > The Emperor has No Clothes
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Post by Aallyy on Jan 26, 2024 9:32am

The Emperor has No Clothes

The regulators will see this company for what it is ; a manipulating bunch who use forms and deadlines to screw shareholders out of their reasonable expectation of an AGM by making a deliberate and totally unnecessary Placement of 60M shares to highly dilute and leave the insiders in control of the company.  A shareholder vote  at an AGM needs to happen, NOW, excluding any pp shares.

How is it that the management and board can take part in this  with such a high degree of dilution and without the need for capital. There are no sound business decisions here. It is another f'n blatant coup. 

It may be time.
Comment by Landhunter on Jan 26, 2024 12:12pm
It appears thst there is a Requirement for a News Rekease in Regards to the AGM extension .The advance Notice Policy for Fancamp was estsblished with a  Date of Oct.31 annually and Fancamp has Neglected to inform Fancamp Shareholders that they Received an AGM Extension on or about OCT 15 2023 .It appears that this is a condition of Receiving the Extension so why  No News Release ? Does ...more