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Fancamp Exploration Ltd.

03:34 PM EST - Fancamp Exploration Ltd. : announced a non-brokered private placement of 480 thousand flow-through units at $0.25 per flow-through unit for proceeds of $120 thousand. The company also said there will be an additional offering of 120 thousand non flow-through units at $0.25 per unit, consisting of one common shares and one half of one share purchase warrant. The company intends to use the proceeds from the private placement for work its exploration properties in Quebec. Fancamp Exploration Ltd. shares V.FNC are trading unchanged at $0.18.