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Fancamp Announces Investment In The Rare Earth Elements Company Neoterrex Corporation

Dec 23, 2021over 3 years ago
Vancouver

Description

Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) is pleased to announce that it has entered into a subscription agreement (the “Agreement”) with NeoTerrex Corporation (“NeoTerrex”) as part of an oversubscribed brokered private placement of 46,844,000 common shares (the Common Shares) at a price of $ 0.10 per share and 5,600,000 flow through shares at a price of $ 0.125 in the share capital of NeoTerrex (the “Offering”).

Company Information

Company

Neo Terrex

Location

Vancouver, Washington, United States

About

The company has two key projects: Mount Discovery and Greenwinds. NeoTerrex is well positioned to be a focused vehicle through which Fancamp could participate in the emerging opportunity in REE exploration.”