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— February 21st, 2019

Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) Further to its news release of

February 6, 2019, the Company has issued a total of 787,500 shares at a demand price of 0.12

cents per share as partial consideration for the services rendered by certain directors, officers

and other service providers for the quarter ending December 31, 2018. The services shares are to

be subject to a four-month hold period.

The Company's original shares-for-services plan was approved by written consent from

disinterested shareholders and approved by the TSX Venture Exchange as announced Nov. 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.

Post the issuance, Kincora has 71,439,659 issued shares, 8,976,799 warrants and 3,578,380

stock options outstanding.

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.