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Fancamp Exploration Board/Management Information 2021

Apr 22, 2021

43453_rns_2021-04-22_38866d50-5c17-454b-b0c5-b8d5eb615de5.pdf

Board/Management Information

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MATERIAL CHANGE REPORT FORM 51-102F3

Fancamp Exploration Ltd.

Item 1 – Name and address of Corporation

Fancamp Exploration Ltd. (“ Fancamp ” or the “ Corporation ”) 7290 Gray Avenue Burnaby, British Colombia V5J 3Z2

Item 2 - Date of Material Change

April 16, 2021.

Item 3 - Press Release

A press release pertaining to the material change being the subject of the present report was issued through Business Wire on April 16, 2021 and filed on SEDAR on the same day.

Item 4 - Summary of Material Change

On April 16, 2021, Fancamp announced the appointment of François Auclair as Vice-President of Exploration.

Item 5 - Full Description of Material Change

On April 16, 2021, Fancamp announced the appointment of François Auclair as Vice-President of Exploration.

Mr. Auclair is a professional geologist with over 25 years of experience, both in Canada and globally, and has a proven track record of developing and advancing exploration projects towards mining projects. He has held numerous senior and strategic positions, and most recently was the CEO and co-founder of Algold Resources, where he guided the selection of high potential projects and progress financing for the startup. Under Mr. Auclair’s leadership, in less than three years, Algold delineated over one million ounces of gold at the Tijirit Project in Mauritania, Africa. Prior to Algold, Mr. Auclair was the CEO of Nimini Gold, a Canadian private junior mining company, where he led the development of the Komahum gold deposit in Sierra Leone. As General Manager of Tasiast SA, Mr. Auclair was also a member of the Rio Narcea teams, which developed the Tasiast Gold Mine in Mauritania. Mr. Auclair holds a M.Sc. in Geology and Geochemistry from Université de Montréal and is fluent in French and English. Mr. Auclair is a Qualified Person, being a member in good standing of l’Ordre des Géologues du Québec and a Fellow of the Geological Association of Canada.

Item 6 – Reliance on subsection 7.1(2) of Regulation 51-102

Not applicable.

Item 7 - Omitted Information

Not applicable.

Item 8 - Executive Officer

For further information please contact Mr. Rajesh Sharma, Interim Chief Executive Officer of the Corporation at 604.434.8829.

Item 9 - Date of Report

April 22, 2021.