Kincora Announces Increase in Private Placement

Vancouver, BC – December 15, 2016 – Further to its news release of December 7, 2016, the Company is pleased to announce that, due to added interest , it has elected to increase the amount of its previously disclosed private placement to $600,000. All other terms remain the same.

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.

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 LEGAL_26483898.1