Leocor Ventures Inc closes Initial Public Offering

LEOCOR VENTURES INC. CLOSES INITIAL PUBLIC OFFERING

Vancouver, British Columbia, June 20, 2019. Leocor Ventures Inc. (the "Company" or "Leocor") is

pleased to announce that it has completed its initial public offering pursuant to a prospectus dated

May 24, 2019 (the "Offering") in which it issued an aggregate of 3,400,000 common shares of the

Company (each, a " Common Share ") at a purchase price of $0.10 per Common S hare. This

generated aggregate gross proceeds of $340,000.

PI Financial Corp . acted a s agent on a commercially reasonable efforts basis in respect of the

Offering and received a cash commission , a corporate finance fee and 200,000 corporate finance

warrants in consideration for its services . In addition, Leocor issued 238,000 non-transferable

Agent’s Warrants to purchase Common Shares (together with the corporate finance warrants,

the "Warrants"). Each Warrant is exercisable for a period of two years from closing of the Offering,

at an exercise price of $0.10 per Common Share.

Proceeds of the Offering will be applied to finance the Company’s exploration work and for

working capital purposes.

Leocor is also pleased to announce that it has received approval of its application to list its

Common Shares on the Canadian Securities Exchange (the “Exchange”). Leocor’s Common Shares

were listed on the Exchange on June 18 , 2019 and immediately halted pending closing of the

Offering. The Common Shares are expected to commence trading on the Exchange on or about

June 21, 2019 under the trading symbol "LECR".

About Leocor Ventures Inc.

Leocor is a British Columbia based company involved in t he acquisition and exploration of copper-

gold porphyry mineral properties, with a focus in Canada.

Contact Information

Leocor Ventures Inc.

Zula Kropivnitski, Chief Financial Officer

Email: [email protected]

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is

defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy

or accuracy of this release.

This press release includes "forward-looking information" that is subject to a number of

assumptions, risks and uncertainties, many of which are beyond the control of the Company.

Statements regarding trading of the Common Shares on the Exchange are subject to all of the risks

and uncertainties normally incident to such events. Investors are cautioned that any such

statements are not guarantees of future events and that actual events or developments may differ

materially from those projected in the forward -looking statements. Such forward -looking

statements represent management's best judgment based on information currently available.