Kincora Announces Update to Shares for Debt Transaction.

Vancouver, BC— February 15, 2018

Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) announces further to the news release dated December 11, 2017 the company will be issuing 40,220 instead of the 30,684 shares (the “Debt Shares”) previously mentioned at a deemed price of $0.345 per share to settle outstanding payables.

All new Shares issued are subject to TSX-V approval and a 4-month hold period from the date of issuance.

About Kincora

Kincora is a junior resource company engaged in the acquisition, exploration and development of mineral properties, with a focus on copper-gold projects in Mongolia. For further information: www.kincoracopper.com.

For further information, please contact:

Sam Spring, President and Chief Executive Officer [email protected] or +61431 329 345

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

800–1199 West Hastings Street, Vancouver, BC V6E 3T5 Phone +1 604 283 1722 Fax +1 888 241 5996