Mr. Rajesh Sharma reports

FANCAMP ANNOUNCES AGM RESULTS

Fancamp Exploration Ltd. has released the voting results of its annual general meeting of shareholders (AGM) held on March 25, 2024, in Montreal, Que.

The corporation announces that all resolutions put forward to shareholders in the Fancamp management information circular dated Feb. 20, 2024, were overwhelmingly approved. Fancamp also announces that the nominees listed in the circular for the annual general meeting of shareholders were elected as directors of the corporation. The number of directors has been set at six and Mark Billings, Greg Ferron, Ashwath Mehra, Rajesh Sharma, Mathieu Stephens and Charles Tarnocai have been re-elected to the corporation's board of directors.

Shareholders at the meeting approved the appointment of Davidson & Company LLP, chartered professional accountant, as the corporation's auditor for the next ensuing year. The corporation's new omnibus equity incentive compensation plan, replacing the corporation's former stock option plan, was also approved by a majority of the shareholders. An aggregate of 24,093,375 common shares of the corporation are issuable pursuant to the exercise of stock options, restricted share units, deferred share units and performance share units of the corporation issued or issuable under the omnibus plan, representing 10 per cent of the issued and outstanding common shares as of March 25, 2024. The omnibus plan remains subject to the final approval of the TSX Venture Exchange.

About Fancamp Exploration Ltd.

Fancamp is a growing Canadian mineral exploration company focused on creating value through medium-term growth and monetization opportunities with its strategic interests in high-potential mineral projects, royalty portfolio and mineral properties.