Kincora Copper completes C$1.05 million private placement of stock

Company sells 3,510,200 common shares at C$0.30 via non-brokered deal

By Devika Patel

Knoxville, Tenn., July 29 – Kincora Copper Ltd. said on Thursday that it settled a C$1.05 million non-brokered private placement of stock.

Kincora sold 3,510,200 common shares at C$0.30 per share. The share price is a 25% discount to the C$0.40 closing share price on July 27.

Kincora is a copper explorer based in Vancouver, B.C.

Issuer:	Kincora Copper Ltd.
Issue:	Common stock
Amount:	C$1,053,060
Shares:	3,510,200
Price:	C$0.30
Warrants:	No
Agent:	Non-brokered
Settlement date:	July 28
Stock symbol:	TSX Venture: KCC
Stock price:	C$0.40 at close July 27
Market capitalization:	C$103.73 million

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