Fancamp Exploration (TSE:FNC) has released an update.
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Fancamp Exploration Ltd. has reported favorable outcomes from its recent Annual General Meeting, with all proposed resolutions passed, including the election of six directors and the approval of a new Omnibus Equity Incentive Compensation Plan. The plan, still awaiting final TSX Venture Exchange approval, could see over 24 million shares issued, representing 10% of Fancamp’s current common shares. The company emphasized its commitment to growth through strategic investments across Canada in various minerals and monetization of its assets.
For further insights into TSE:FNC stock, check out TipRanks’ Stock Analysis page.
