Dr. Peter Smith reports

FANCAMP CLARIFIES RECENT DISCLOSURES

As a result of a review by the British Columbia Securities Commission, Fancamp Exploration Ltd. is issuing the following news release to clarify recent disclosures.

The company would like to advise that the mineral resources disclosed on the Lac Lamelee property in its June 29, 2016, news release are not supported by a compliant technical report and are no longer current. The mineral resources should not be relied upon until they can be supported by a compliant technical report.

In the company's Aug. 15, 2016, news release, the shorthand reference to the chromite resource should properly read: an inferred National Instrument 43-101 mineral resource of 85.9 million tonnes at 34.5 per cent chromium (III) oxide in a report by Alan Aubut, PGeo, of Sibley Basin Group, dated Dec. 15, 2015, for KWG Resources Inc. and Fancamp Exploration, and filed on SEDAR.

The qualified person approving this technical information is Dr. Peter H. Smith, PhD, PEng.