Kincora announces retirement of director

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

Kincora announces retirement of director

• Luke Leslie retires from non-executive chairman and director positions

• Duchintav Khojgor, a non-executive director since Kincora’s formation and a

significant shareholder, is appointed interim non-executive chairman

Vancouver, BC— March 15th, 2018

Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) announces that Luke Leslie today

retired as Chairman of the Board and Non-Executive Director, with Duchintav Khojgor

appointed interim Non-Executive Chairman.

Mr Khojgor is Kincora’s local partner, with over 20 years' entrepreneurship experience,

including many Mongolian mining and exploration entities, and has been a major shareholder

since the Company’s formation.

“Luke has played an invaluable role on our board over the last seven years since being

instrumental in the formation of Kincora, including as Chairman of the Group and Chairman

of the Audit Committee,” said Duchintav Khojgor, Interim Chairman. “His judgment and

strategic acumen benefited our people and our shareholders during a long period of service.”

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 the Southern Gobi, and further countercyclical

corporate and expansion activities in Mongolia.

. For further information: www.kincoracopper.com.

For further information, please contact:

Duchintav Khojgor, interim Non-Executive Chairman +976 7010 0095

Sam Spring, President and Chief Executive Officer +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.