Resignation and appointment of directors
800–1199 West Hastings Street, Vancouver, BC V6E 3T5 Phone +1 604 283 1722 Fax +1 888 241 5996
Resignation and appointment of directors
• Ray Nadarajah and Anthony Jackson appointed as non-executive directors
• Duchintav Khojgor and Eric Zurrin resign as non-executive directors
Vancouver, BC— May 10th, 2018
Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) is pleased to announce that Mr.
Ray Nadarajah and Mr. Anthony Jackson have joined as a members of the Board of Directors
effective immediately. Ray is a seasoned finance executive and investor with extensive
experience in the natural resources sector both in Mongolia and globally, and is a new
independent director to Kincora. Anthony has extensive experience as a Director and CFO of
numerous publicly traded corporations in the metals and mining industry, and been CFO to
Kincora since September 2014.
Mr. Ray Nadarajah was most recently a Managing Director of TPG Capital where he was
responsible for infrastructure investments across emerging markets. Prior to this he worked at
Rio Tinto where he held a number of senior strategic and commercial roles, including Head of
the Office of the CEO, General Manager of Corporate Development, Director of Business
Development for China and Head of Business Development for Oyu Tolgoi in Mongolia.
Ray began his career as an investment banker across Sydney, Hong Kong and Beijing with Citi
and Goldman Sachs where he advised on M&A and capital market transactions worth over $20
billion across the natural resources, infrastructure, diversified industrials and telecom sectors.
Ray holds a double degree in actuarial studies and finance from the Australian National
University and has undertaken executive education from the Harvard Business School. He has
worked in over 25 countries and is fluent in Mandarin Chinese and Tok Pisin.
Mr. Anthony Jackson is a Principal of BridgeMark Financial Corp. (“BridgeMark”) and a
founder of Jackson & Company Chartered Accountants, a company that assists private and
public companies with their accounting, tax requirements and corporate services. Anthony
earned a Bachelor of Business Administration degree from Simon Fraser University, and holds
the professional designation of Chartered Accountant (CA), where he is a member of the BC and
Canadian Institute of Chartered Accountants.
Concurrent with the appointment of Mr. Ray Nadarajah and Mr. Anthony Jackson, Mr.
Duchintav Khojgor and Mr. Eric Zurrin have stepped down as non-executive directors of the
Company in order to devote more time to other business commitments.
“Ray has a unique skill set, is well positioned to add value to the team and we are very pleased
to have attracted someone with his calibre and experience, as we look forward to working
more closely with Anthony in his expanded role on the Board.” said Sam Spring, President and
CEO. “On behalf of the Board, I would like to thank Duchintav and Eric, and wish them well
with their busy existing business interests. Duchintav has provided a significant contribution
to Kincora, as co-founder of the Company, seven years on the Board and support as a
successful local businessman, with Eric contributing four years of service on the Board and as
chair of the Remuneration Committee”.
800–1199 West Hastings Street, Vancouver, BC V6E 3T5 Phone +1 604 283 1722 Fax +1 888 241 5996
The Company will grant to Mr. Ray Nadarajah and Mr. Anthony Jackson, in accordance with the
Company’s stock option plan, options to purchase up to an aggregate of 125,000 common shares
each exercisable on or before May 10th, 2020 at a price of $0.20 per share.
For further information, please contact:
Sam Spring, President and Chief Executive Officer
+1 604 283 1722
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.