Fancamp Exploration (TSE:FNC) has released an update.
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Fancamp Exploration Ltd. has finalized a deal to receive 1.6 million shares of Canadian Gold Resources, valued at about $830,000, as part of the sale of its Robidoux property mining claims in Quebec. This transaction aligns with Fancamp’s strategy to monetize non-core assets, and also grants them a 2% net smelter returns royalty. Canadian Gold plans to further explore the Robidoux property to enhance its resource potential.
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