Jul. 7 at 6:51 PM
$FANCF For a micro-cap junior like FANCF (market cap ~
$90-95M as of recent data), this is a smart, shareholder-friendly deal. It brings in significant exploration capital, minimizes dilution/risk on a non-core asset, preserves upside via carried interest + royalty backstop, and sharpens focus on the flagship nickel project. Many juniors struggle to fund even one project — this structure is a pragmatic win.