Kincora reports on engagement of consultant
Vancouver, BC— July 30th, 2018 – KINCORA BOARD APPOINTMENT
Lewis Marks has joined Kincora Copper Ltd. as a member of the board of directors.
A former practising and currently registered New York lawyer, Mr. Marks has lived and worked in Asia for 37 years, with a residence and business operations in Mongolia for most of the last 17 years. Mr. Marks currently serves as a director of Tsast Impex LLC, the second-largest construction company in Mongolia, and is a director of Steppe Gold Ltd., which in May, 2018, successfully completed a $25-million initial public offering on the Toronto Stock Exchange and is anticipated to be a gold producer by year-end from its Altan Tsaagan Ovoo (ATO) project located in Dornod province in northeast Mongolia.
Since 2002, Mr. Marks has served as member of the board of directors of the LIM Japan Fund and been managing member of MIC Global Partners LLC. Since 2003, he has also served on the board of directors of CBH Resources Ltd., which has mining and exploration interests in New South Wales, Australia. From 1980 to 1993, he was with Marc Rich & Co. AG (purchased by Glencore International AG in 1993) and remained with Glencore until 2000, where part of his responsibilities included selling Mongolian copper into China, which first brought him to Mongolia in 1991.
Mr. Marks earned his bachelor of science in foreign service at the School of Foreign Service, Georgetown University, in Washington and his Juris doctor from the School of Law, State University of New York at Buffalo.
Sam Spring, president and chief executive officer, commented, "Kincora is pleased to welcome Lewis to the board and will benefit from his experience across the natural resource sector, including having lived and worked in Mongolia for 17 years, with extensive experience across the Asia-Pacific and copper sector."
The company will grant to Mr. Lewis options to purchase up to an aggregate of 125,000 common shares each exercisable on or before July 30, 2020, at a price of 20 cents per share.
About Kincora
Kincora is a junior resource company engaged in the acquisition, exploration and development of mineral properties, with a focus on Tier 1 copper-gold projects in Mongolia. For further information: www.kincoracopper.com.
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
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