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Kincora Announces Private Placement to Accelerate Drilling
Kincora Announces Private Placement to Accelerate Drilling Canada NewsWire VANCO...
About this update from Kincora Copper Limited
[{"type":"text","content":"\n\n\n\nKincora Announces Private Placement to Accelerate Drilling\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, BC, Aug. 4, 2020\n\n\n\n/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\nKincora intends to raise up to $5 million at $0.10 per Unit with a full warrant Indicated strong support from other existing and new shareholders, and Australian brokers Following positive initial drilling results at the Trundle project, placement proceeds will be primarily used to expand the ongoing six hole program to over twenty drill holes with an additional 11,000 metres of drilling Trundle is the only brownfield project held by a listed junior in Australia's foremost porphyry belt, within the same mineralized complex as Australia's second largest porphyry mine VANCOUVER, BC, Aug. 4, 2020 /CNW/ - Kincora Copper Ltd. (the \"Company\", \"Kincora\") (TSXV: KCC) announces a non-brokered private placement (the \"Offering\") of units at $0.10 per unit (the \"Units\") to raised up to $5 million. The Units will be comprised of one share (a \"Share\") and one warrant (a \"Warrant\"), each Warrant entitling the holder to acquire a further share at a price of $0.25 for a term of 2 years.\n\n \n \n\n\n\n\n\n\n\n \nThe Company is also pleased to have received strong indicative support from many existing and new shareholders, and Australian based brokers. \nSam Spring, President and CEO, noted, \"Initial drilling at the Trundle project has been ve...