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Kincora Announces Extension of Private Placement with the European Bank for Reconstruction and Development

Financings

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE

SERVICES OR DISSEMINATION IN THE UNITED STATES

800–1199 West Hastings Street, Vancouver, BC V6E 3T5

Phone +1 604 283 1722 Fax +1 888 241 5996

Kincora Announces Extension of Private

Placement with the European Bank for

Reconstruction and Development

Vancouver, BC — October 5, 2017

Kincora Copper Limited (the “Company”, “Kincora ”) (TSXV:KCC) has applied for and received

consent from the TSXV Venture Exchange to extend the deadline for closing the private placement

with the European Bank for Reconstruction and De velopment (as detailed in a news release dated

September 22, 2017) to November 4, 2017. Notwithstanding the extension, the Company

anticipates closing within the next week.

About Kincora

Kincora 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: www.kincoracopper.com.

For further information, please contact:

Sam Spring, President and Chief Executive Officer

[email protected] or +61431 329 345

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.