Fancamp's Strategic Split: A New Gold Explorer and Royalty Powerhouse

VANCOUVER, BC – March 30, 2026 – Fancamp Exploration Ltd. has unveiled a transformative corporate strategy, announcing a pivotal move to separate its business into two distinct, publicly traded entities. The plan involves spinning out its core exploration assets into a new, discovery-focused subsidiary, Goldera Exploration Ltd., while simultaneously bolstering its own portfolio with the acquisition of a new iron ore royalty, cementing its future as a royalty and investment vehicle.

This dual-pronged announcement signals a major strategic pivot for the Vancouver-based company, designed to unlock shareholder value by creating two specialized firms, each with a clear mandate and the ability to attract targeted investment capital.

A Division for Dual Value Creation

Fancamp's leadership is betting that separating its high-risk, high-reward exploration ventures from its more stable, potentially cash-generating investment portfolio will allow the market to more accurately value each component. The strategic reorganization, expected to be completed in the second quarter of 2026 pending shareholder, court, and exchange approvals, will result in Fancamp shareholders receiving shares in the newly formed Goldera Exploration.

"The purpose of the Spin-Out is to unlock shareholder value by creating two focused, publicly traded companies, while giving existing Fancamp shareholders direct participation in both growth streams," the company stated.

The "new" Fancamp will retain its growing portfolio of royalties, strategic equity investments, and financial instruments. Goldera, in turn, will inherit the company's primary exploration projects, armed with a mandate to pursue major gold discoveries in some of Canada's most prospective mining districts. This split aims to provide investors with two different propositions: the potential for steady returns and cash flow from Fancamp, and the significant upside potential of a pure-play exploration company in Goldera.

Goldera's Inheritance: A High-Stakes Bet on Discovery

Goldera Exploration is set to launch with an impressive portfolio of exploration assets poised for aggressive advancement. The new company's primary focus will be on its joint venture and optioned properties in New Brunswick and Ontario, regions known for significant mineral wealth.

A key asset is the Acadian Gold Corp. joint venture in New Brunswick, which covers a consolidated 445-square-kilometer land package. This includes the McIntyre Brook and Riley Brook properties, situated in an emerging gold-copper district. The geological setting is highly favorable, with the McIntyre Brook property sharing a border with Puma Exploration's Williams Brook Project, where significant gold discoveries have been made. Fancamp has noted that at least three mineralized trends identified by Puma appear to extend directly onto Goldera's future ground.

Previous work at McIntyre Brook has already shown significant promise. A 2019 drill hole intersected a 20-meter zone grading 1.2 g/t gold, and a more recent, limited program in late 2025 confirmed mineralization with results that included 4 meters at 1.45 g/t gold. According to Fancamp, the mineralized horizon at McIntyre Brook extends for over 3 kilometers and "presents all the hallmarks of a major gold-discovery." Goldera plans to build on this with a proposed 3,500-meter diamond drilling program designed to test high-priority targets.

Further south, the Riley Brook property represents another significant opportunity. Systematic exploration has identified large-scale soil anomalies for gold and other pathfinder elements, pointing towards the potential for an intrusion-related gold system similar to what is being targeted at McIntyre Brook.

In Ontario, Goldera will take the reins at the Egan Gold property, a 12,000-hectare project strategically located in the prolific Abitibi Greenstone Belt between the legendary Timmins and Kirkland Lake gold camps. Fancamp has an option to earn an 80% interest in the project, which has already demonstrated high-grade potential with historical grab samples yielding up to 105 g/t gold. Goldera plans an ambitious exploration campaign including airborne geophysics, targeted stripping, and extensive soil sampling, with drilling anticipated by the third quarter of 2026.

The New Fancamp: A Fortress of Royalties and Returns

While Goldera pursues exploration glory, the remaining Fancamp entity will transform into a diversified resource investment house focused on generating stable, long-term returns. The latest step in this strategy is the acquisition of up to a 3.0% net smelter returns (NSR) royalty on iron ore properties in the Labrador Trough for $1,765,000.

This region is a world-class iron ore district with a long history of production and established infrastructure. The acquisition includes a royalty on an open-pit mineable deposit, and Fancamp believes it will "add to its cash flow in the near term."

This new royalty joins an already robust portfolio of assets intended to provide a steady stream of revenue. Fancamp holds a $34.5 million secured convertible promissory note from The Canadian Chrome Company Inc., which provides quarterly interest payments. The company also holds 2.7 million shares in the established producer Champion Iron Ltd., which yield regular dividends.

Furthermore, Fancamp retains its 96% interest in Magpie Mines Inc., which owns what the USGS has described as one of the world's largest undeveloped hard rock titanium deposits. This, combined with a diverse portfolio of other royalties on gold, base metal, and specialty metal projects across Eastern Canada, positions the post-spin-out Fancamp as a capital-light vehicle with multiple avenues for monetization and growth.

Corporate Confidence and Market Position

Underscoring the strategic shift is a clear signal of management's confidence in the company's intrinsic worth. Fancamp has been actively buying back its own stock under a Normal Course Issuer Bid (NCIB), having already acquired approximately 1% of its outstanding common shares for cancellation.

The company noted this action represents its "conviction that the current price of the Corporation’s Common Shares is undervalued based on Fancamp’s portfolio of assets and its future prospects." By separating these assets into two clear-cut entities, Fancamp aims to make that value more apparent to the market. The move is designed to attract specialized investor bases for each company, allowing capital to flow more efficiently to either the stable, income-generating model of Fancamp or the high-growth, discovery-driven model of Goldera. With the spin-out on the horizon, Fancamp shareholders are positioned to hold stakes in two distinct companies, each embarking on a new and focused path to growth.