Core Viewpoint - Fancamp Exploration Ltd. is spinning out its exploration assets into a newly formed subsidiary, Goldera Exploration Ltd., with plans to list Goldera on the TSX Venture Exchange to enhance focus and market recognition [1][7]. Leadership Team - Goldera's Board consists of four members: Rajesh Sharma, Charles Tarnocai, Mark Billings, and Mathieu Stephens [2]. - Key management appointments include Rajesh Sharma as Executive Chairman, Charles Tarnocai as CEO, Arnab De as CFO, Debra J. Chapman as Corporate Secretary, François Auclair as VP Exploration, and Paul Ténière as VP Corporate Development [2]. Management Expertise - Rajesh Sharma emphasizes that the formation of Goldera is crucial for unlocking the value of the exploration portfolio, supported by a leadership team with geological, technical, operational, governance, and capital markets expertise [3]. - Charles Tarnocai has extensive experience in mineral exploration and project development, previously serving as Director of GT Gold Corp and Vice President at Alamos Gold Inc. [3]. - François Auclair brings over 35 years of international experience in exploration and development, having held leadership roles in both major and junior mining companies [4]. - Paul Ténière has over 25 years of global experience in mining, with expertise in exploration, project development, and compliance with reporting standards [5]. Strategic Intent - The spin-out aims to create an independent, publicly traded company to advance Fancamp's exploration portfolio, enhancing shareholder value and providing distinct growth platforms [7]. - The spin-out transaction is on track for completion in Q2-2026, with confidence in the leadership team's ability to drive exploration and discovery potential [7]. Company Overview - Fancamp Exploration Ltd. focuses on medium-term growth and monetization opportunities in high-potential mineral projects, including copper, gold, zinc, titanium, and rare-earth metals [8][9]. - The company holds significant interests in various projects, including a 96% stake in Magpie Mines Inc., which owns a major undeveloped titanium deposit [9].
Fancamp Announces Leadership Appointments to Goldera Exploration Ltd. as part of Corporate Reorganization
Globenewswire·2026-02-10 12:30