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KCC.V ·

Kincora Announces Share Consolidation Effective Date

Corporate Actions

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

KINCORA ANNOUNCES SHARE CONSOLIDATION EFFECTIVE DATE

Vancouver, BC – July 27th, 2016 – Kincora Copper Limited (TSX.V: KCC) (“Kincora” or the

“Company”) wishes to provide an update on the previously announced share consolidation, which

following TSX Venture Exchange approvals, will be effective July 28th, 2016.

The consolidation was passed by shareholders at the Annual General and Special meeting held on

July 12 th, 2016, as previously announced to market on July 14 th, 2016. The Company will

consolidate its issued and outstanding share capital on the basis of one (1) post -consolidation share

for each ten (10) pre -consolidation common shares. No fractional shares will be issued under the

consolidation, and any fraction will be rounded to the nearest whole number.

As a result, the outstanding common shares of the Company will be reduced to approximately

31,412,445 common shares , assuming there are no other changes in the issued capital of the

Company. In connection with the cons olidation, the Company’s name and trading symbol (KCC)

will not change.

The shares will begin trading on a consolidated basis and with a new Cusip number July 28th, 2016.

New CUSIP: 49451A405

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 th e policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.