Fancamp Exploration Ltd.

Fancamp Exploration Ltd.

July 07, 2010 16:44 ET

Fancamp Grants Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2010) - Fancamp Exploration Ltd. (the "Company") (TSX VENTURE:FNC) wishes to announce that it is granting incentive stock options to directors for the purchase up to a total of 350,000 common shares in its capital stock, at a price of $0.40 per share, exercisable on or before July 7, 2015. The options were granted pursuant to the Company's incentive stock option plan, under which a maximum of 10 percent of the issued and outstanding common shares are reserved for issuance. Shares issuable upon exercise of the incentive stock options are subject to a 4 month TSX Venture Exchange hold period, commencing on the date the incentive stock options are granted.


"Peter H. Smith", PhD., P.Eng., President

S.E.C. Exemption: 12(g)3-2(b)

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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