Kincora reports on engagement of consultant

Kincora reports on engagement of consultant

VANCOUVER

,

Nov. 21, 2018

/CNW/ - Kincora Copper Ltd. (the "Company", "Kincora") (TSXV:KCC)

announces that, effective

August 1, 2017

, it engaged Palisade Global Investments Ltd. ("Palisade")

as an independent consultant to assist the Company in increasing its exposure to the investment

community by arranging introductions to qualified investors, fund managers, brokers and analysts,

assisting the Company in expanding the distribution of its news releases and marketing materials,

including dissemination via social media and through personal email communications, and engaging

newsletter writers to cover the Company. Palisade will also generate research reports on the

Company and act as advisors for potential corporate transactions.

Palisade is an resource advisory group based in

Belize

, which focuses on small cap investments.

Collin Kettell

, CEO and partner, founded Palisade with

Sean Zubick

in early 2013 with the goal of

investing in and backing undervalued junior mining companies, benefiting from background in project

finance and corporate development within the sector.

Under the terms of the engagement Palisade is to provide services for a 24 month period ending

July 31, 2019

for a fee of

$15,625

per month, which has been prepaid in full, plus expenses.

Palisade has been issued 250,000 options with an exercise price of

$0

.445 and a term of 36

months, and owns 2,272,727 ordinary shares.

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

Mongolia

. For further information:

www.kincoracopper.com

.

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.

SOURCE

Kincora Copper Limited

View original content:

http://www.newswire.ca/en/releases/archive/November2018/21/c3605.html

%SEDAR: 00003952E

For further information:

Sam Spring, President and Chief Executive Officer,

[email protected] or +61431 329 345

CO: Kincora Copper Limited

CNW 19:47e 21-NOV-18