Fancamp Exploration Ltd. announced that it has entered into an agreement with Mr. Greg Ferron. Mr. Ferron has withdrawn his agreement to serve as a nominee on Mr. Peter H. Smith’s dissident slate, and Mr. Ferron, Frank Hoegel and certain other shareholders will reverse their previous votes and vote FOR Fancamp’s director nominees. The Agreement aligns the interests of shareholders with the Fancamp Board of Directors (the “Board”) and management. Pursuant to the terms of the Agreement: Mr. Ferron will be appointed to Fancamp’s Board, replacing Mr. Paul Ankcorn who is resigning. Following the Corporation’s annual general meeting (“AGM”), it is contemplated that Mr. Ankcorn and two other directors will be replaced by Mr. Ferron and two of his nominees who are acceptable to the Board.