Kincora Announces Plans for Share Consolidation
Vancouver, BC – July 14th, 2016 – Kincora Copper Limited (TSX.V: KCC) (“Kincora” or the “Company”) following shareholders having passed all resolutions of the July 12, 2016, Annual General and Special Meeting, is planning a consolidation of its common shares on the basis of one post-consolidation share for 10 pre-consolidation shares.
Currently, a total of 314,124,452 shares are issued and outstanding. Accordingly, if the consolidation is put into effect, a total of 31,412,445 shares would be issued and outstanding, assuming there are no other changes in the issued capital of the Company.
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About Kincora
Kincora Copper Limited. 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 on the Company, please visit www.kincoracopper.com and refer to its corporate presentation http://kincoracopper.com/investors/corporate-presentation.
For further information, please contact:
Sam Spring, President and Chief Executive Officer [email protected] +61431 329 345 http://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