VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2009) - 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)
FOR FURTHER INFORMATION PLEASE CONTACT:
Fancamp Exploration Ltd.
Peter H. Smith, PhD., P.Eng.
President
514-481-3172
http://www.fancampexplorationltd.ca/">www.fancampexplorationltd.ca