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Kincora welcomes cornerstone investor and makes board changes

Kincora welcomes cornerstone investor and makes board changes Canada NewsWire ...

articleKincora Copper LimitedMarch 9, 20235/company/kincora-copper-ltd/news/kincora-welcomes-cornerstone-investor-and-makes-board-changes
Kincora welcomes cornerstone investor and makes board changes

About this update from Kincora Copper Limited

[{"type":"text","content":"\n \n \n \n Kincora welcomes cornerstone investor and makes board changes\n \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.prnml80{\nMARGIN-LEFT:6.67em !IMPORTANT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n The Bloomfield Group\n \n participated in the recently completed\n \n A$2.4 million\n \n raising and increased its equity share to a 12.9% interest which is the largest shareholding in Kincora\n \n \n \n \n \n Luke Murray\n \n is appointed to the Board as a non-executive director\n \n \n \n \n \n Lewis Marks\n \n stands down from the Board, remains an advisor\n \n \n \n \n \n MELBOURNE, Australia\n \n \n ,\n \n \n March 9, 2023\n \n \n /CNW/ - Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (\n \n Kincora\n \n or the\n \n Company\n \n ) is pleased to welcome\n \n The Bloomfield Group\n \n as our largest shareholder and the lead investor in the recently completed\n \n A$2.4 million\n \n raising which increased its shareholding to 12.9%.\n \n The Bloomfield Group\n \n is a longstanding privately owned Australian mining and engineering group of companies.\n \n \n \n Luke Murray\n \n , Chief Operating Officer of\n \n The Bloomfield Group\n \n , joins the Company's board as a non-executive director and brings senior executive experience in open cut mining, processing, logistics and permitting in\n \n New South Wales\n \n to the Kincora team. Concurrently,\n \n Lewis Marks\n \n has stepped down as a non-executive director, but remains as an advisor to the Company.\n \n \n Chairman\n \n Cameron McRae\n \n , commented:\n \n \n \n \"We are very pleased to strengthen our relationship and welcome The Bloomfield Group as our largest shareholder. The group has an excellent and longstanding track record and network within the NSW resource sector.\n \n \n \n \n It is a pleasure to welcome Luke to the Board. He has a unique and high calibre skill set, and is very well positioned to complement our team and add value.\n \n \n \n \n On behalf of the Company, I would like to thank Lewis for his 4 years of service on the Board and for his continued i...

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