- Lewis Marks appointed to the
Board as a non-executive director
- Brings extensive operational business experience in
Mongolia and across the
Asia Pacific natural resource
sector
VANCOUVER, July 30, 2018 /CNW/ - Kincora Copper Ltd. (the
"Company", "Kincora") (TSXV: KCC) is pleased to announce that Mr.
Lewis Marks has joined as a member
of the Board of Directors.
A former practicing and currently registered New York lawyer, Mr. Marks has lived and
worked in Asia for 37 years, with
a residence and business operations in Mongolia for most of the last 17 years. Mr.
Marks currently serves as a Director of Tsast Impex LLC, the second
largest construction company in Mongolia, and is a Director of Steppe Gold
Limited, which in May'18 successfully completed a $25 million Initial Public Offering on the TSX
and is anticipated to be a gold producer by year end from its Altan
Tsaagan Ovoo (ATO) project located in Dornod province, in
North-East Mongolia.
Since 2002, Mr. Marks has served as Member of the Board of
Directors of the LIM Japan Fund and been Managing Member of MIC
Global Partners LLC. Since 2003, he has also served on the Board of
Directors of CBH Resources Limited, which has mining and
exploration interests NSW, Australia. From 1980 to 1993 he was with
Marc Rich & Co. AG (purchased by
Glencore International AG in 1993) and remained with Glencore until
2000, where part of his responsibilities included selling Mongolian
copper into China, which first
brought him to Mongolia in
1991.
Mr. Marks earned his Bachelor of Science in Foreign Service at
the School of Foreign Service, Georgetown
University in Washington,
D.C. and his Juris Doctor from the School of Law,
State University of New York at
Buffalo.
Sam Spring, President & CEO
commented, "Kincora is pleased to welcome Lewis to the Board and
will benefit from his experience across the natural resource
sector, including having lived and worked in Mongolia for 17 years, with extensive
experience across the Asia Pacific
and copper sector."
The Company will grant to Mr. Lewis options to purchase up to an
aggregate of 125,000 common shares each exercisable on or before
July 30th, 2020 at a price
of $0.20 per share.
About Kincora
Kincora is a junior resource company engaged in
the acquisition, exploration and development of mineral properties,
with a focus on Tier 1 copper-gold projects in Mongolia.
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.
SOURCE Kincora Copper Limited