Kincora Issues Shares for Services

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

Kincora Issues Shares for Services

Vancouver, BC— October 31st, 2018

Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) announces that it will issue

70,370 shares at a deemed price of 13.5 cents per share to certain directors, and service

providers on account of services rendered during the period March 15, 2018 – June, 2018.

The issuance of shares is subject to a number of conditions, including receipt of all necessary

corporate and regulatory approvals, including approval of the TSX Venture Exchange. The

services shares are to be subject to a four-month hold period.

The Company’s Shares for Services plan was approved by written consent from disinterested

shareholders and approved by the TSX Venture Exchange as originally announced November 14,

2016. The plan seeks to provide competitive packages to retain and attract key executives, align

all senior executives/directors to the creation of value for shareholders and minimize the cash

overheads of the Company.

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.