Fancamp Exploration Ltd. (TSXV:FNC) signed a formal agreement to acquire Mallard Gold and Heenan VMS/Gold projects in Ontario for CAD 0.14 million on January 17, 2018. Under the terms of agreement, Fancamp Exploration will issue 1 million shares and 2% royalty of which 1% can be buyback for CAD 1 million together with five annual advance royalty payments totaling CAD 0.15 million. The transaction is subject to acceptance by the TSX Venture Exchange.