|By Marketwired .||
|July 4, 2014 11:54 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/04/14 -- Fancamp Exploration Ltd. ("Fancamp") (TSX VENTURE: FNC) announces today that the TSX Venture Exchange (the "Exchange") has accepted a notice filed by Fancamp of its intention to proceed with a normal course issuer bid (the "Bid").
Under the Bid, Fancamp intends to purchase up to 10,310,745 common shares, representing approximately 10% of the public float of the issued and outstanding common shares of Fancamp (the "Common Shares"). Fancamp will cancel any Common Share purchased pursuant to the Bid. The purchases may commence on July 8, 2014 and will terminate on July 9, 2015 or on such earlier date as Fancamp will have completed its purchases or otherwise decides not to proceed with other acquisitions. Purchases will be made on the open market by Fancamp through the facilities of the Exchange in accordance with the Exchange requirements. Fancamp will pay the market price for Common Shares on the Exchange at the time of purchase, provided however that Fancamp shall not pay a price higher than $0.07 per Common Share, and no purchases of Common Shares will be made other than open-market purchases.
The Board of Directors of Fancamp believes that the current market value does not reflect the fair, fundamental value of Fancamp. Fancamp also thinks that the repurchasing of Common Shares which it may carry out, from time to time, will be in the best interest of its shareholders.
Fancamp has not purchased any of its shares during the past 12 month period.
MacDougall, MacDougall & MacTier inc. will conduct the Bid on behalf of Fancamp.
About Fancamp Exploration Ltd (www.fancampexplorationltd.ca)
Fancamp Exploration Ltd. is a Canadian junior mineral exploration company that continues to
evolve into a holder of shares in partner companies and royalties on near-term producing mines. These assets are designed to generate free cash flow without further shareholder dilution. Fancamp has an exceptional inventory of resource projects at various stages of development covering more than 1,710 km2 in three provinces. The commodities include hematite-magnetite iron formations, titaniferous magnetite, hematite, nickel/copper/PGM, chromite, Volcanogenic Massive Sulphides and gold.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
Sep. 30, 2016 02:45 PM EDT Reads: 2,629
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
Sep. 30, 2016 02:45 PM EDT Reads: 615
Sep. 30, 2016 02:30 PM EDT Reads: 2,460
Sep. 30, 2016 02:30 PM EDT Reads: 324
Sep. 30, 2016 02:30 PM EDT Reads: 5,217
Sep. 30, 2016 02:15 PM EDT Reads: 1,153
Sep. 30, 2016 02:15 PM EDT Reads: 712
Sep. 30, 2016 02:15 PM EDT Reads: 1,721
Sep. 30, 2016 02:00 PM EDT Reads: 3,569
Sep. 30, 2016 01:45 PM EDT Reads: 577
Adobe is changing the world though digital experiences. Adobe helps customers develop and deliver high-impact experiences that differentiate brands, build loyalty, and drive revenue across every screen, including smartphones, computers, tablets and TVs. Adobe content solutions are used daily by millions of companies worldwide-from publishers and broadcasters, to enterprises, marketing agencies and household-name brands. Building on its established design leadership, Adobe enables customers not o...
Sep. 30, 2016 01:15 PM EDT Reads: 318
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Sep. 30, 2016 01:15 PM EDT Reads: 5,164
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Sep. 30, 2016 01:15 PM EDT Reads: 1,287
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Sep. 30, 2016 01:00 PM EDT Reads: 4,235
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Sep. 30, 2016 12:45 PM EDT Reads: 4,495