April 5 (Reuters) - Fancamp Exploration Ltd FNC.V :
* FANCAMP EXPLORATION LTD - BOARD HAS TERMINATED CONSULTING AGREEMENT BETWEEN CO & PETER H. SMITH FOR CAUSE EFFECTIVE IMMEDIATELY
* FANCAMP EXPLORATION LTD - BOARD HAS ALSO REQUESTED THAT MR. SMITH RESIGN FROM HIS ROLE AS DIRECTOR PROMPTLY.
* FANCAMP EXPLORATION LTD - BOARD HAS REPEATEDLY TRIED TO ENGAGE WITH SMITH OVER LAST FEW MONTHS TO ADDRESS ISSUES THAT LED TO HIS TERMINATION
* FANCAMP EXPLORATION LTD - SMITH IS NOT ENTITLED TO ANY PAYOUTS.