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Fancamp Grants Stock Options
Market Wire
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/20/09 -- Fancamp Exploration Ltd. (TSX VENTURE: FNC): Fancamp Exploration Ltd. (the "Company") wishes to announce that it is granting incentive stock options to directors and consultants for the purchase up to a total of 800,000 common shares in its capital stock, at a price of $0.50 per share, exercisable on or before November 20, 2014. 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.
ON BEHALF OF THE BOARD
Peter H. Smith, PhD., P.Eng., President
S.E.C. Exemption: 12(g)3-2(b)
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172
Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172
MARKET WIRE
2009-11-20 12:03:08
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