Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Something in relation to the costs
5
Oct 19, 2012 06:01PM

The Concerned Shareholder Circular states that if Granger takes control of the Company, he will seek to be reimbursed by the Company for his out of pocket expenses, including an amount of $225,000 and legal fees incurred in connection with the solicitation of proxies for the Meeting.

The Board estimates that the costs to be borne by the Company in connection with Granger's proxy contest will range between $500,000 and $800,000 including the costs to be incurred by Fancamp's management to protect your Company.

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