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KCC.V ·

Kincora Adopts Advance Notice Policy

Shareholder Meetings

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

LEGAL_29123650.1

Kincora Adopts Advance Notice Policy

Vancouver, BC— May 17, 2018

Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) announces the adoption by its

board of directors (the “Board of Directors”) of an advance notice policy (the “Policy”) on May

17, 2018, which Policy, among other things, includes a provision that requires advance notice to

the Company in circumstances where nominations of persons for election to the Board of

Directors are made by shareholders of the Company other than pursuant to: (i) a requisition of

meeting made pursuant to the provisions of the Business Corporations Act (British Columbia)

(the “Act”); or (ii) a shareholder proposal made pursuant to the provisions of the Act.

Among other things, the Policy fixes a deadline by which holders of record of common shares of

the Company must submit director nominations to the Company prior to any annual or special

meeting of shareholders and sets forth the information that a shareholder must include in the

notice to the Company for the notice to be in proper written form.

In the case of an annual meeting of shareholders, notice to the Company must be made not less

than 30 nor more than 65 days prior to the date of the annual meeting; provided, however, that,

in the event that the annual meeting is to be held on a date that is less than 50 days after the

date on which the first public announcement of the date of the annual meeting was made, notice

may be made not later than the close of business on the 10th day following such public

announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting), notice to

the Company must be made not later than the close of business on the 15th day following the day

on which the first public announcement of the date of the special meeting was made.

The Policy is effective as of the date it was approved subject to ratification by the shareholders.

The full text of the Policy is available under the Company’s profile on SEDAR at www.sedar.com.

The Company intends to seek ratification of the Policy by its shareholders at the Company’s

annual general meeting to be held June 18, 2018. For the purposes of that meeting,

nominations for directors must be received by May 28, 2018.

For further information, please contact:

Sam Spring, President and Chief Executive Officer

[email protected]

+1 604 283 1722

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.