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KCC.V ·

Kincora Grants Stock Options

Share Capital & Compensation

Vancouver, Canada – July 28, 2011 – Kincora Copper Limited (TSX.V: KCC) (the “Company” or “Kincora”), announces that, in accordance with the Company’s stock option plan, it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 3,800,000 common shares exercisable on or before July 28, 2016 at a price of $0.40 per share.

For further information contact:

Stephen Fabian, President & CEO

Tel: + 33 6439 10649

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.

Suite 910, 475 Howe Street, Vancouver, BC V6C 2B3 Tel: 604 689 2599 Fax: 604 689 3609