Core Viewpoint - Fancamp Exploration Ltd. has announced a normal course issuer bid (NCIB) to repurchase up to 12,118,116 common shares, representing approximately 5% of its outstanding shares, as a strategy to enhance long-term shareholder value and address perceived undervaluation of its stock [1][3][2]. Summary by Sections Normal Course Issuer Bid (NCIB) - The Board of Directors has authorized the NCIB, which is subject to approval from the TSX Venture Exchange (TSX-V) [1]. - The NCIB is expected to commence around December 16, 2025, and will last for 12 months unless completed or terminated earlier [4]. - The purchases will be made on the open market at prevailing market prices, with the actual number and timing of shares purchased dependent on market conditions [2][3]. Management Commentary - Rajesh Sharma, President and CEO, stated that the NCIB reflects the belief that the current share price does not accurately represent the Corporation's value and future prospects, especially during the Spin Out process [2]. Financial Strategy - The Corporation views the repurchase of its shares as a suitable use of financial resources aimed at increasing long-term shareholder value [3]. - The NCIB is part of a broader strategy to enhance shareholder returns amid ongoing developments in the Corporation's business [3]. Additional Updates - Fancamp has entered into an amendment to an option agreement with Harfang Exploration Inc. to acquire up to an 80% interest in the Egan mineral property, pending TSX-V approval [6]. - The amendment specifies that shares issued to Harfang will be priced based on the volume-weighted average trading price over the preceding 10 trading days, with a minimum price of $0.064 per share [6]. Company Overview - Fancamp is focused on mineral exploration with interests in various high-potential projects across Canada, including copper, gold, zinc, and titanium [7]. - The Corporation holds significant interests in several mining operations and is developing advanced technologies for titanium extraction and waste recycling [8].