Kincora Closes Shares FOR Debt

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR 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 CLOSES SHARES FOR DEBT

Vancouver, BC – September 12, 2016 – Kincora Copper Limited (TSX.V: KCC) (“Kincora” or the

“Company”) Further to Kincora Copper Limited’s news release of July 28, 2016, the Company has

received approval of the TSX Venture Exchange to settle outstanding debt in the aggregate amount of

$173,250 owed by the Company to seven debtors which includes five insiders by the issuance of an

aggregate of 577,500 common shares at a deemed price of thirty cents per share.

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] 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.